Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,499,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 2,123 Sq. Ft.
  • Updated 12 hours ago
See This Home
Save This Home
See This Home
Save This Home
Well-maintained and fully updated triplex offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, all in excellent condition with nothing needed. Each unit offers larger kitchens, generously sized bedrooms and bathrooms, in-unit washer/dryers, private porches, and outdoor areas ideal for planting or personal use. Centrally located near the high school off of East Main then Pleasant Street, providing excellent walkability to town and trails and consistent tenant demand. Solid rental history with good rents, very low expenses, and reliable long-term tenants in place with newly extended leases. Turnkey investment with stable cash flow, would be easily filled if vacated due to location and unit quality. Expenses provided are estimates for 12 months.

Full Property Details for 16 Terrace Ct

General

  • Price: $2,499,000
  • Status: Active
  • Type: Triplex
  • Source: RE_Infolink
  • MLS ID: ML82031463
  • Updated: 1/16/2026
  • Added to Site: Today

Interior

  • Flooring: Hardwood, Laminate, Tile

Rooms

Other Rooms

  • Kitchen: Gas Cooktop, Countertop - Solid Surface / Corian, Synthetic Countertop, Dishwasher, Exhaust Fan, Gas Hookups, Microwave, Electric Oven, Self-Cleaning Oven, Oven/Range, Refrigerator
  • Laundry: Washer / Dryer

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Parking Features: Assigned Spaces, No Garage, On Street, Uncovered Parking

Location

  • Area: Los Gatos/Monte Sereno
  • County: Santa Clara
  • Cross Streets: Pleasant / East Main

Heating & Cooling

  • Cooling Type: Central AC
  • Heating Type: Central Air (Gas/Forced Air)

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Individual Electric Meters, Individual Gas Meters
  • Metering: Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter, Crawlspace, Post and Beam, Wood F
  • Roof: Composition
  • Disability Access: Parking
  • Square Feet: 2,123
  • Year Built: 1954

Unit Information

Unit 1

  • Square Feet: 547
  • Bedrooms: 1

Unit 2

  • Square Feet: 761
  • Bedrooms: 2

Unit 3

  • Square Feet: 761
  • Bedrooms: 2

Lot Features

  • Property View: Garden / Greenbelt
  • Lot Size (Acres): 0.18
  • Minimum Lot Size: 7830
  • Lot Size (Sq. Ft.): 7,830
  • Building Sites: 1
  • Grounds/Landscape: Back Yard, Balcony / Patio, BBQ Area, Fenced, Storage Shed / Structure
  • Zoning: RM512
  • Lot Description: Gently Sloped, Grade Slopes Up, Paved

Green Features

  • Energy Efficient: Ceiling Insulation, Double-Pane Windows, Low-Flow Shower, Low-Flow Toilet

Listed by Christie's International Real Estate Sereno, Bill Rippe

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 16 Terrace Ct —

  • Bill Rippe

    Christie's International Real Estate Sereno

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 Terrace Ct

School Districts:Los Gatos-Saratoga Joint Union School District, Los Gatos Union Elementary School District
NameGradesDistance
Louise Van Meter Elementary School
16445 Los Gatos Boulevard, Los Gatos, CA 95032
K-50.7 mi
Raymond J. Fisher Middle School
19195 Fisher Avenue, Los Gatos, CA 95032
6-80.9 mi
Los Gatos High School
20 High School Court, Los Gatos, CA 95030
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Terrace Ct Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/16/2026
Listed
$2,499,000
2.84%
MLS
2/12/2025
Sold
$2,430,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 Terrace Ct

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$1,615,712
2%
2024
100%
$1,584,032
2%
2022
100%
$1,552,973
2%
2022
-100%
$1,522,524
2%
2021
$19,200
2%
$1,492,672
1%
2020
$18,799
2%
$1,477,368
2%
2019
$18,484
1%
$1,448,400
1%
2018
$18,291
314%
$1,430,000
499%
2017
$4,422
4%
$238,842
2%
2016
$4,250
2%
$234,160
2%
2015
$4,149
3%
$230,644
2%
2014
$4,029
3%
$226,127
—
2013
$3,922
—
$225,106
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16 Terrace Ct

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Christie's International Real Estate Sereno, Bill Rippe

Just Listed near 16 Terrace Ct

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

269 Wagon Way 39-03 - Plan 2, Campbell, CA 95008 - Photo 1 Just Listed
$1,491,356
Open House

269 Wagon Way 39-03 - Plan 2  Campbell, CA 95008

  • Townhouse
  • Active
  • Updated 7 hours ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,536
    Sq. Ft.
Listed by Michelle Tancredi, Broker, Michele Tancredi
271 N Central Ave, Campbell, CA 95008 - Photo 1 Just Listed
$1,699,000
Open House

271 N Central Ave  Campbell, CA 95008

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,056
    Sq. Ft.
Listed by KW Bay Area Estates, Kelley Solberg
371 N Milton Ave, Campbell, CA 95008 - Photo 1 Just Listed
$3,150,000
Open House

371 N Milton Ave  Campbell, CA 95008

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,129
    Sq. Ft.
Listed by Intero Real Estate Services, Carlos Pompa
267 Wagon Way 040-03 Plan 1, Campbell, CA 95008 - Photo 1 Just Listed
$1,408,581
Open House

267 Wagon Way 040-03 Plan 1  Campbell, CA 95008

  • Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,435
    Sq. Ft.
Listed by Michelle Tancredi, Broker, Michele Tancredi

Price Reduced near 16 Terrace Ct

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

99 Timber Cove 99, Campbell, CA 95008 - Photo 1 Price Reduced
-$31,000 (-5.85%)
$499,000

99 Timber Cove 99  Campbell, CA 95008

  • Manufactured Home
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,650
    Sq. Ft.
Listed by KW Bay Area Estates, Alan Aoyama
1089 Audrey Ave, Campbell, CA 95008 - Photo 1 Price Reduced
-$100,000 (-2.94%)
$3,298,880
Open House

1089 Audrey Ave  Campbell, CA 95008

  • Single Family
  • Active
  • Updated 4 days ago
  • 6
    Beds
  • 4
    Total Baths
  • 2,858
    Sq. Ft.
Listed by Golden Gate Sotheby's International Realty, Bouja & Swenson Group
7451 Prospect Rd, Cupertino, CA 95014 - Photo 1 Price Reduced
-$200,000 (-5.72%)
$3,295,000
Open House

7451 Prospect Rd  Cupertino, CA 95014

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,397
    Sq. Ft.
Listed by Christie's International Real Estate Sereno, Jennifer Paulson
800 N 8th St 207, San Jose, CA 95112 - Photo 1 Price Reduced
-$37,000 (-5.39%)
$648,888
Open House

800 N 8th St 207  San Jose, CA 95112

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,173
    Sq. Ft.
Listed by Michelle Elliott (CalRE#: 01777533) (408) 839-7915

Recent Sales near 16 Terrace Ct

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

249 Los Gatos Blvd, Los Gatos, CA 95030 - Photo 1 Sold
$2,325,000

249 Los Gatos Blvd  Los Gatos, CA 95030

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 1,977
    Sq. Ft.
Listed by Corcoran Icon Properties, Linda Salah
Sold by Rcip, RECIP
249 Los Gatos Blvd, Los Gatos, CA 95030 - Photo 1 Sold
$2,325,000

249 Los Gatos Blvd  Los Gatos, CA 95030

  • Duplex
  • Closed
  • 1,977
    Sq. Ft.
Listed by Corcoran Icon Properties, Linda Salah
Sold by Rcip, RECIP
210 Creekside Village Dr, Los Gatos, CA 95032 - Photo 1 Sold
$2,200,000

210 Creekside Village Dr  Los Gatos, CA 95032

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,716
    Sq. Ft.
Listed by Compass, Nevis and Ardizzone and Compass, Summer Che
Sold by Apr, Micky Thompson and Compass
495 Bird Ave, Los Gatos, CA 95032 - Photo 1 Sold
$2,680,000

495 Bird Ave  Los Gatos, CA 95032

  • Single Family
  • Closed
  • 4
    Beds
  • 2
    Total Baths
  • 1,722
    Sq. Ft.
Listed by Intero Real Estate Services, Jerry Zhang
Sold by Ntero, Jerry Zhang

16 Terrace Ct, Los Gatos, CA 95030 (MLS# ML82031463) is a Triplex property with 0 bedrooms and 0 full bathrooms. 16 Terrace Ct is currently listed for $2,499,000 and was received on January 16, 2026. Want to learn more about 16 Terrace Ct? Do you have questions about finding other Triplex real estate for sale in Los Gatos Mountains? You can browse all Los Gatos Mountains real estate or contact a Coldwell Banker agent to request more information.

Tour this property