Bring your dream home to life! Introducing 5291 Shannon Road, an exceptional 14.5-acre parcel with previously approved plans for a 5532 Sqft 5 Br 4.5 Ba estate home in Los Gatos. This prime property enjoys a fantastic location just minutes from downtown Los Gatos, offering a peaceful retreat with the convenience of nearby amenities. With 700 feet of frontage on Shannon Road, this parcel provides ample space to create a private haven in a desirable setting. Owners had plans for a new home approved but did not build. The Endless possibilities to envision a personal estate or explore potential development opportunities. Enjoy the tranquility of the Los Gatos area and the benefit of access to sought-after Los Gatos Schools. Don't miss this rare opportunity to shape this land into your ideal sanctuary within the scenic beauty of Los Gatos. This property is in the Williamson Act. Seller is open to doing a joint venture with a builder.
Property Details
Property Features
Listing Office:
Office Name: Real Estate Experts
Office Phone: (408) 427-9220
Listing Agent: Brett Jennings Group
Exterior Features
Exterior Information:
View: Mountain(s), Pasture
Lot Features
Lot Information:
Lot: Agricultural
Lot Size: 14.62 Acres
Other
Directions Information:
Directions: Go through the Los Gatos Highland Area from Short Road to Shady Lane to Ave Cresta to Rock Ridge Road. There is a parking patch and then walk up the small hill to a fenced-in area and you can see the top of the hill level area to build.
Price Information
Listing Price Info
Price Summary:
List Price: $2,000,000
Tax Information:
Annual Amount: $412
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Gatos, CA.
This property is $363.3K less than the Median Sold Price in Los Gatos, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81980814
Listing Office:
Office Name: Real Estate Experts
Office Phone: (408) 427-9220
Listing Agent: Brett Jennings Group
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/17/2024, 10:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 13, 1988
Jul 13, 1988Home Sold
$360,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$412
$3,439
2020
$412
$3,248
2019
$409
$3,077
2018
$410
$2,924
2017
$410
$2,924
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10K
Per Month
Principal & Interest
$9,982
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,063
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Alta Vista Elementary School
200 Blossom Valley Dr
Distance between this listing and this school0.90 miles
Public District Grades KG-5
9
/10
Blossom Hill Elementary School
16400 Blossom Hill Rd
Distance between this listing and this school1.20 miles
Public District Grades KG-5
6
/10
Noddin Elementary School
1755 Gilda Way
Distance between this listing and this school1.48 miles
Public District Grades KG-5
Nearby Schools
8
/10
Union Middle School
2130 Los Gatos Almaden Rd
Distance between this listing and this school1.09 miles
Public District Grades 6-8
8
/10
Raymond J. Fisher Middle School
19195 Fisher Ave
Distance between this listing and this school1.71 miles
Public District Grades 6-8
6
/10
Dartmouth Middle School
5575 Dartmouth Dr
Distance between this listing and this school2.36 miles
Public District Grades 6-8
Nearby Schools
9
/10
Leigh High School
5210 Leigh Ave
Distance between this listing and this school1.41 miles
Public District Grades 9-12
9
/10
Los Gatos High School
20 High School Ct
Distance between this listing and this school2.14 miles
Public District Grades 9-12
9
/10
Branham High School
1570 Branham Ln
Distance between this listing and this school2.81 miles
The neighbors living near this home have an average income of $190,625. Typical income of Los Gatos, CA residents is $200k+ annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 15291 Shannon Rd
What is the listing price of this property?
The listing price of 15291 Shannon Rd property is $2,000,000.
What type of property is this?
The property 15291 Shannon Rd is land located in Los Gatos, California, 95032.
Is this property for sale now?
Active Listing: 15291 Shannon Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $412 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 13, 1988 for $360,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 15291 Shannon Rd in Los Gatos, CA and zip code 95032 in the East Los Gatos neighborhood. This home sits on a 14.62 acre lot. It has been listed on Rocket Homes since September 22, 2024 and is currently priced at $2,000,000.
In November 2024 more than 19 listings in Los Gatos, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 17 were sold below. Between October 2024 and November 2024, Los Gatos, CA real estate market has seen decrease in the number of listings by 12%. While the average time on the market in November 2024 was 34 days, the median list price was $2,363,375.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Skiing/snowboarding
Skiing/snowboarding
Men's Tennis
Nordstrom
Bloomingdales
Brooks Brothers
California Pizza Kitchen
Bonefish Grill
Qdoba
BMW
Lexus
Acura
Talk/Personality
News
Sports