Lavish Estate With Picturesque Views Sold in Glen Una - A Showpiece of Contemporary Design - Seb Frey, Silicon Valley + Bay Area REALTOR

Sold December 2024 • 8 Bedrooms • 4.5 Bathrooms • 10,179 Square Feet • 1.20 Acre Lot Size

Set on a sprawling 1.02-acre in the Glen Una neighborhood of Los Gatos, 15814 Glen Una Drive is a marvel to behold. Designed by Gary Kohlsaat and built by Six Sigma Construction, this property seamlessly blends modern design with scenic surroundings.

Having just sold, it offers priceless insights into the Los Gatos luxury home market — especially for homeowners in the area interested in the latest property trends.

This review of the home sale will explore its architecture, standout amenities, and what set it apart from other homes in the area, resulting in its successful sale.

Transaction Details

The home was listed for $10,998,000 on July 25, 2024
It was reduced to $10,500,000 on September 10, 2024
It went under contract on October 23, 2024 (~87 days on market)
It closed at $10,200,000 on December 10, 2024 — about 92.7% of the original list price, after 48 days in escrow
This represents $1,002 per square foot

Overview of Amenities and Features

When it comes to luxury homes, amenities can make or break a sale. Luckily, 15814 Glen Una Drive shines in this area. Some of its notable amenities include:

Pool with Spa: Perfect for unwinding and entertaining.
Gourmet kitchen: Massive epicurean kitchen fitted with premium appliances from Thermador and Miele.
4-car garage: Large garage with separate, ample storage.
Expansive patio: Spacious patio with breathtaking views and BBQ area.
Private elevator: Offers convenient access to all three floors.
Outdoor kitchen: Perfect for outdoor gatherings.
Prime location: Located close to distinguished schools and downtown Saratoga.

Unpacking the Sale – Executive Summary

What made the sale of this home? What are the key drivers of value for the property, and what were some aspects that were likely detrimental to the sale price and time on market? I break down the pros and cons of the property to help readers understand the most important factors affecting the pricing and timing of the sale.

Pros

Good size lot – about 1.2 acres
Panoramic city lights view
New Construction (completed July 2024)
Close to both Saratoga Village and downtown Los Gatos
In-Law Quarters
Short drive to downtown Los Gatos, major highways
Lavish use of high-end materials and finishes

Cons

Three-story design
Relatively bold design choices may have limited appeal
Small market for 8 bedroom homes

This home sold for an eye-watering price of $10,200,000 – however, the sale cannot be considered to be hugely successful, due to the amount of time it took and the low sale to initial list price ratio. This was a spec home, built to sell for profit, and the home fetched only about $1,000 per square foot. As it was almost certainly built using millions of dollars of expensive, short-term borrowed money, the holding costs for 90 days on market and a ~ 42 day escrow would have been considerable. Subtracting out the land costs, soft costs, holding costs, construction cost, and cost of sale (i.e. commissions, transfer taxes, capital gains tax) it is unlikely that the developer realized a handsome profit margin on the sale.

stars-5

Sale Success Score: 3/5 – Could have gone better!

Design and Architectural Overview

Upon arrival at 15814 Glen Una Drive, a sweeping driveway with manicured landscaping leads to the grand entrance, creating an inviting path to the home. The home’s architecture exudes a contemporary elegance with a striking blend of clean lines, expansive large windows, and a sleek façade. Imposing yet inviting, it has an entrance with a symmetrical design and a geometric doorway — a subtle hint at the luxury lifestyle that awaits.

With a unique blend of modern and traditional elements, this home is a statement of refined living tailored for luxury and elegance. No expense was spared in any of the details of construction. The home boasted of countless designer features such as Viatera Quartz counters, herringbone Bounarroti white oak large planked floors, Porcelanosa bathroom tiles, DXV, Grohe & Brizo plumping fixtures, and a 72 Holas handcrafted freestanding concrete bathtub.

Interior Features

The property boasts several standout interior features. Here are some noteworthy ones:

Epicurean Kitchen

The home’s epicurean kitchen is a masterpiece of modern luxury, seamlessly blending sleek design with functionality. At its center lies an expansive white island with a sink and ample meal preparation space. Next to the island, dark granite countertops and wooden cabinetry adorn the kitchen, creating a harmonious contrast.

Big on utility, the kitchen has top-of-the-line Thermador and Miele appliances, including a professional grade six burner range with a polished hood and a refrigerator.

Overhead, recessed lighting and pendant lights provide ample lighting while giving the kitchen more character. Expansive windows also provide additional lighting, making the space airy and enhancing its inviting aura.

Thoughtfully designed, the kitchen seamlessly connects with other living spaces, making it the perfect space for enjoying meals with family and entertaining guests.

Lavish Living Room

In keeping with the estate’s luxurious feel, the home has a living room that’s a showpiece of modern elegance and thoughtful design. Anchored by a prominent marble accent wall, the space has a striking fireplace that provides warmth and gives the room more character.

The living room is bright and airy thanks to expansive glass sliding doors that flood the space with natural light and offer easy outdoor access. Fusing contemporary design and traditional aesthetics, it has hardwood flooring that adds warmth and depth while maintaining a timeless appeal.

Exterior Features

When it comes to the outdoors, 15814 Glen Una Drive doesn’t disappoint. Here are the home’s notable exterior features:

Extensive Deck

The home’s expansive deck is an outdoor oasis with panoramic views of the surrounding hills. In line with the home’s modern, minimalist design, the deck features clean lines and neutral colors, creating a lavish and serene atmosphere.

Designed with entertainment in mind, the deck has a pergola that offers protection from the elements while adding depth to the space. The space also has comfortable seating with comfy cushions, making it perfect for hosting guests or unwinding with an engrossing read.

This outdoor haven also has a well-equipped outdoor kitchen with a state-of-the-art stainless steel DCS grill, ample countertop space, and sleek cabinetry, amking it perfect for memorable al fresco dining.

Pool and Spa

The focal point of the outdoor living area is a majestic pool that blends seamlessly with the surroundings. Surrounded by a spacious patio, lush greenery, and colorful potted plants, the resort-like pool offers a serene and inviting atmosphere.

Whether it’s sunbathing or entertaining guests, the pool is the perfect place to escape Silicon Valley’s hustle and bustle.

Prime Location

The estate isn’t just a cozy, private sanctuary. It’s also just minutes away from some of the finest retail, dining, and entertainment experiences in Los Gatos.

Proximity to Highly Rated Schools and Companies

Families with school-going children will appreciate the home’s proximity to distinguished schools, including Saratoga High School, Redwood Middle School, Saratoga Elementary School, Argonaut Elementary School, and Foothill Elementary School.

The estate is also just a short drive away from several major companies, including Meta, Nvidia, and Apple, making it a perfect location for tech professionals seeking both luxurious living and a stress-free commute.

Neighborhood Amenities

The home is in a forested neighborhood with sprawling spaces, so several parks are nearby, including Vasona Lake County Park, Wildwood Park, and Bachman Park. There are also numerous prime amenities nearby, including the renowned Mountain Winery, which is a great place enjoy exquisite wine while enjoying breathtaking views of the Santa Cruz Mountains.

Nearby Amenities

Downtown Los Gatos: Located just a short drive away, downtown Los Gatos offers a variety of fine dining, shopping, and entertainmen options.
La Rinconada Country Club: Nestled in downtown Los Gatos, this exclusive country club offers scenic views of the Santa Cruz Mountains.
Kings Court Shopping Center: Diverse strip mall with ample parking and several stores, including CVS, Whole Foods, and Starbucks.
The Villa Montalvo Lookout Point is just a short drive away
Nearby Baccarossa Winery is a great spot to gather with friends and family

What Sets This Property Apart

When it comes to expansive outdoor spaces, 15814 Glen Una Drive is almost unparalleled. With multiple outdoor spaces, including a spacious deck with a fully equipped outdoor kitchen and an expansive patio, the estate is perfect for residents who enjoy entertaining outdoors.

Additionally, the home boasts breathtaking views of rolling hills and forests in a private neighborhood, yet it’s near many of the finest amenities Los Gatos offers.

Conclusion

15814 Glen Una Drive isn’t just another luxury property. It’s a tranquil retreat with spectacular views of the Santa Cruz Mountains and lush greenery. For homeowners in the area curious about the latest property trends in the Los Gatos luxury real estate market, this sale provides valuable insights into what buyers prioritize when looking for luxury homes.