9 Forrest AVE

Private Address

$2,275,000

The Cottages is a hidden jewel with incredible location in Downtown Los Gatos near Oak Meadow Park. 4 beautiful cottages with attractive patios and gardens for serenity and relaxation. In-ground concrete pool, Gazebo, sun deck and lounge area for tenants and guests, dedicated parking spaces plus on street parking. Golden opportunity for new buyer to take advantage of upcoming zoning change. Planning department and town council are set to double the density with new zoning going for approval in December. Possibility to build seven new townhomes up to 35 feet in height. Potential for three-story units with two car garages on first floor and living space on second and third floors. Write offers subject to inspection following acceptance of offer. PLEASE DRIVE BY PROPERTY ONLY. DO NOT DISTURB the tenants and DO NOT WALK onto the property. Multiple options for new owner: , explore future redevelopment option. Guided tour only after acceptance of offer.

Studio

2,549 Sq.Ft. LIVING AREA

0.301 Acres lot

Features & Amenities

Interior

total bedrooms0
other interior Features Vaulted Ceiling(s)

Area & Lot

Status Sold
Date Sold October 1, 2021
Living Area2,549 Sq.Ft.
Lot Area0.301 Acres
MLS® IDML81849007
TypeMulti-Family
YEAR BUILT1899
Architecture StylesBungalow, Cottage
View DescriptionMountain(s)
Elementary SchoolDaves Avenue Elementary
Middle SchoolRaymond J. Fisher Middle
High SchoolLos Gatos High

Exterior

STORIES1
water SourcePublic
PoolIn Ground
roofComposition, Shingle
parkingNo Garage, Off Street
HEAT TYPENatural Gas
AIR CONDITIONINGCentral Air, Wall/Window Unit(s)
SubstructureFrame

Financial

Sales Price$2,275,000
Zoning RM520

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