23240 Glenwood Drive, Los Gatos California - $1,395,000

 Escape to Nature – Your Private 27+ Acre Redwood Retreat Awaits! 

Imagine waking up to the gentle sounds of nature, surrounded by redwoods and the tranquil flow of your own natural spring —all from the comfort of your own 27+ acre private sanctuary.

For 35 years, the sellers have called this property home, drawing their water solely from the natural spring that runs through the land. Season after season, the spring has provided a steady and dependable supply, filtered through a reverse osmosis system for everyday use. In all those years, they have never run out of water—a true testament to the land’s natural abundance.

This passive solar-designed 2-bedroom, 1-bath home is a hidden gem for those seeking privacy, sustainability, and potential income opportunities. Thoughtfully designed, the home captures natural sunlight through windows, storing heat in the concrete floor for an eco-friendly and energy-efficient lifestyle.

Why This Property is a Rare Find:

Endless Possibilities – With 27+ acres, imagine adding an ADU among vineyards, creating a private retreat space, or simply enjoying nature in its purest form. With new ADU laws working in your favor, expansion is easier than ever.

Zoned for Residential & Timber Production – Not only do you benefit from significant property tax savings, but logging could generate additional income over time. The original owner designed an extensive network of timber roads throughout the property, now perfect for hiking, exploring, or enjoying an adventure on your ATV or off-road vehicle. 

Dreamy Camp Area & Bean Creek – On the backside of the parcel, accessed via Glenwood, you'll find a hidden oasis with areas perfect for a campsite or meditation retreat, all bordered by the peaceful flow of Bean Creek.

Balanced Sun & Shade – A perfect blend for gardening, relaxing, and embracing an outdoor lifestyle.

Additional Opportunity – An adjoining 4+ acre parcel (ML81979721) is available for $250,000, offering even more space and investment potential. Sellers prefer to sell both parcels together but are open to selling the parcel separately once the home has sold. Purchasing both parcels together creates a truly expansive and unique estate.

This isn't just a home—it's a lifestyle, an investment, and an opportunity to own a piece of California’s natural beauty.

Property Overview:

Size & Layout:

• 1,556 sq. ft. from original building plans (excluding 57 sq. ft. loft), verified by outside measurements.
• 856 sq. ft. before garage conversion.
• Built in 1986. Single-story wood-frame house with vaulted ceilings throughout.

Location:

• 15 minutes from Los Gatos or Scotts Valley.
• 1.2 miles from Hwy 17.

Heating & Energy:

• Passive solar design, forced air, and a Vermont Castings wood-burning stove.
• Gas water heater and solar water heater.
• Propane tank for gas supply.

Features:

• CertainTeed fiber cement siding (2010) and CertainTeed asphalt roofing shingles.
• Fresh paint throughout every room.
• New Frigidaire electric cooktop, Frigidaire oven, and Bosch dishwasher.
• Redwood heart ceiling in the living room with a motorized skylight and rain sensor.
• Family room with skylight.
• Bathroom updated with a new countertop, sink, mirror, shower, and fresh paint.
• Two new redwood decks: Kitchen deck (16’ x 10’) and rear deck (20’ x 16’) with panoramic views of the redwood forest.
• Plenty of parking for 7+ cars and RVs.

Passive Solar Design:

• The home captures heat from the sun through south-facing windows, which warms a 3" thick concrete floor (thermal mass) in the family, kitchen, and living rooms.
• This design reduces electricity use and naturally regulates temperature year-round.
• A large crawl space (or dirt-floor basement) beneath the house has insulated walls and shelving, making it ideal for a wine cellar.

Outbuildings:

• Wood shed: 6’ x 6’.
• Workshop shed: 8’ x 20’, insulated with electricity and venting windows.
• Well shed: 6’ x 7’9”, 8’ tall, with outside water and inside electricity. Well capped (no pump since 1989).
• 6,000-watt backup generator.
• Semi-trailer for storage.
• Fire hydrant near the house connected to a 5,000-gallon water tank.

Water Supply & Ponds:

• Private spring continuously feeds water to a 5,000-gallon tank at the house via a system of 200-gallon and 1,000-gallon tanks.
• Spring water has been running 24/7 since 1989.
• Excess water drains back into the soil, with connections available for drainage to lower areas of the property.
• The Triple-O ozone system filters, ozonates, and circulates water in the 5,000-gallon tank.
• Reverse osmosis system under the kitchen sink for drinking water and the ice maker.

Two small ponds for wildlife:

• Oval pond (6’ x 4’) near the spring.
• Frog pond (5’ x 3’6”) near the house, home to toads and green tree frogs.
• Outside water and electricity available between the house and workshop and at two other locations.

Land & Timber:

• 27 acres of land has a "camp area" with a separate driveway entrance, perfect for RVs or camping under redwoods. 
• There is also an option to purchase additional 4 acres for $250,000.
• 2007 timber harvest plan estimated $200K+ in redwood timber, with an annual growth rate of 2.7%.
• The property includes logging roads and trails for easy access.

                    Adjacent 4-Acre Parcel (APN #093-361-11) - $250,000  

• Purchased in 2006 and bordered by Glenwood Drive, this parcel provides additional privacy.
• Available for $250,000, offering even more space and investment potential. Sellers prefer to sell both parcels together but are open to selling the parcel separately once the home has sold.

Disclosures:

• In 1989, the house sustained damage from an earthquake. A structural engineer determined the necessary repairs, which were completed with permits.
• The conversion of the garage, entryway, and laundry room into living space was done without permits.
• The solar water collector was removed during roof replacement and has not been reinstalled.

Santa Cruz County Bank (Farmer Mac)

• Up to 70% Loan to value (based on the appraised value or purchase price – whichever is lower)
• Rates vary depending on product/term/LTV. Today’s rates range from 6.12%-8.00% (rates provided is also likely to change)
• 1% financing fee (with possibility of wiggle room to lower this)

This is an alternative as some conventional mortgage lenders tend to do a double take when it comes to a larger size property.

Irma Freeman
Santa Cruz County Bank

AVP Relationship Manager

595 Auto Center Drive | Watsonville, CA 95076

d: 831.431.4615  |o: 831.761.6000| m: 831.588.4448

w: santacruzcountybank.com | e: ifreeman@sccountybank.com