StatusAccepting Backup Offers (Active Under Contract)
About 16460 Bonnie Ln
Pennant Properties along with Design by Mish are pleased to present this one-of-a-kind dream custom home opportunity on cherished Bonnie Lane in Los Gatos, CA. 16460 Bonnie Lane is nearly one acre of almost flat buildable land situated in a highly desirable location in Los Gatos. The opportunity is to purchase one of two parcels for a beautiful custom home development, or to buy the entire acre to create your dream estate or family compound. California State Senate Bill 9 (SB9) has created the opportunity for this property to be split into two separate parcels. Pennant Properties and Design by Mish have moved the property through the jurisdictional process to avail a buyer of the opportunity to quickly complete an SB9 development under either the Urban Lot Split option or the Two-Unit Housing Development option, or both. A building permit can be secured ministerially in just a few months, not years so the project can be under construction much quicker. The options provide for opportunities to build multiple dwellings across both lots, or on an individual lot or the full lot, to bypass the discretionary planning process and attain a building permit ministerially. Further details can be provided on this incredible time-saving entitlement. Website is property address in typ format.
Property Details
Property Features
Listing Office:
Office Name: Pennant Properties
Office Phone: (408) 813-7490
Listing Agent: Jim Foley
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.46 Acres
Other
Directions Information:
Directions: Cross Street: Shannon Rd
Price Information
Listing Price Info
Price Summary:
List Price: $2,499,000
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Housing Market Comparison
See how this home compares to others in Los Gatos, CA.
This property is $142.2K more 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: #ML81980086
Listing Office:
Office Name: Pennant Properties
Office Phone: (408) 813-7490
Listing Agent: Jim Foley
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: 11/17/2024, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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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
9
/10
Blossom Hill Elementary School
16400 Blossom Hill Rd
Distance between this listing and this school0.41 miles
Public District Grades KG-5
7
/10
Louise Van Meter Elementary School
16445 Los Gatos Blvd
Distance between this listing and this school0.72 miles
Public District Grades KG-5
8
/10
Alta Vista Elementary School
200 Blossom Valley Dr
Distance between this listing and this school0.96 miles
Public District Grades KG-5
Nearby Schools
8
/10
Raymond J. Fisher Middle School
19195 Fisher Ave
Distance between this listing and this school0.83 miles
Public District Grades 6-8
8
/10
Union Middle School
2130 Los Gatos Almaden Rd
Distance between this listing and this school1.39 miles
Public District Grades 6-8
7
/10
Rolling Hills Middle School
1585 More Ave
Distance between this listing and this school3.11 miles
Public Charter Grades 6-8
Nearby Schools
9
/10
Los Gatos High School
20 High School Ct
Distance between this listing and this school1.31 miles
Public District Grades 9-12
9
/10
Leigh High School
5210 Leigh Ave
Distance between this listing and this school2.02 miles
Public District Grades 9-12
8
/10
Westmont High School
4805 Westmont Ave
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $153,313. Typical income of Los Gatos, CA residents is between $100k-200k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16460 Bonnie Ln
What is the listing price of this property?
The listing price of 16460 Bonnie Ln property is $2,499,000.
What type of property is this?
The property 16460 Bonnie Ln is land located in Los Gatos, California, 95032.
Is this property for sale now?
Accepting Backup Offers: 16460 Bonnie Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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This home is located at 16460 Bonnie Ln in Los Gatos, CA and zip code 95032 in the A. C. Marsh neighborhood. This home sits on a 0.46 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $2,499,000.
In October 2024 more than 22 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 25 were sold below. Between September 2024 and October 2024, Los Gatos, CA real estate market has seen increase in the number of listings by 6.8%. The median list price of listings available in October 2024 was $2,356,777, while the average time on the real estate market was 33 days.
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. 
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