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$2,499,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 3 Full Baths
  • 2,123 Sq. Ft.
  • Updated 23 hours ago
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Well-maintained and fully updated TRIPLEX in town, offering strong income with low operating expenses. The property features two spacious 2-bedroom/1-bath units - 761 sf and one 1-bedroom/1-bath unit, 547 sf, 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, short walk to town and trails. 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.

Full Property Details for 16 Terrace Ct

General

  • Price: $2,499,000
  • Status: Active
  • Type: Single Family
  • Source: RE_Infolink
  • MLS ID: ML82031505
  • Updated: 1/16/2026
  • Added to Site: Today

Interior

  • Flooring: Hardwood, Laminate, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Bathroom Features: Full on Ground Floor, Primary - Stall Shower(s), Tile, Updated Bath

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Family Room: Kitchen / Family Room Combo
  • 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, 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

Structural Information

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

Lot Features

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

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

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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.

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NMLS#: 1598647

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

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16 Terrace Ct, Los Gatos, CA 95030 (MLS# ML82031505) is a Single Family property with 5 bedrooms and 3 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 Single Family 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.

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