$1,699,000~~$1,850,000~~▼ $151K price cut

20955 Panorama Drive, Los Gatos, CA 95033

$1.9M$1.7M$151K below original ask (8%)· reduced Sep 2

Price journey

$1,775,000 to $1,699,000 · down $76K (4%) across 2 recorded changes

Sep 2, 2026$1,699,000▼ $76K
Aug 8, 2026$1,775,000

We record price moves from when we start tracking a listing, so earlier moves are not in our records.

13% below the Los Gatos median of $1.9M (128 active listings)

49% of Los Gatos listings have cut their price · half have been listed 50+ days

4beds

3baths

2,394sqft

$710/sqft

About this home

Amazing new price for this sun-filled Aldercroft Heights home with awesome canyon views and privacy behind a motorized gate, less than 15 minutes from downtown Los Gatos. Updated main level offers a modern kitchen with breakfast nook, spacious living room with wood burning fireplace, 3 bedrooms/2 bathrooms, and a sunroom for extra living space. Flexible layout includes potential office or formal dining room. Includes high ceilings, ceiling fans, french doors, and other details. Lower level includes an additional en-suite bedroom/bathroom, 2 wood stoves, large entertainment room with the opportunity to create a separate unit with private entrance, and lots of charm! Multiple decks, additional structures for studio/office/workshop, new attic insulation, and completed inspections. Includes parcel (APN #558-22-018) across the street. Excellent schools. A unique property with abundant space, views, and endless possibilities! Twilight/furnished photos are virtual. Awesome home!