20955 Panorama Drive

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!

Days on Market

83 days

Current Status

Active

Original Price

$1,850,000

List Price

$1,699,000

On Market Date

Jun 12, 2026

Property Type

Single Family Home

Area

23 - Los Gatos Mountains

Zip Code

95033

MLS ID

ML82047653

APN

558-22-009

Year Built

1975

Stories in Building

2

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

4

Bath

3

Stall Shower, Updated Bath, Showers over Tubs - 2+

Parking

4

Carport, Covered Parking, Electric Car Hookup, Gate / Door Opener, Room for Oversized Vehicle, Uncovered Parking

SQ FT

2,394

SQ FT Source

Unavailable

Lot SQ FT

44,175.0

Lot Acres

1.014118 Acres

Pool Info

Spa - Above Ground, Spa - Cover

Kitchen

Cooktop - Gas, Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Pantry, Refrigerator, Skylight

Cooling

Ceiling Fan, Central AC, Whole House / Attic Fan

Dining Room

Breakfast Nook, Eat in Kitchen, Skylight, Other

Disclosures

Natural Hazard Disclosure, NHDS Report

Family Room

Separate Family Room

Flooring

Tile, Wood

Foundation

Concrete Block, Concrete Perimeter, Post and Pier, Other

Fire Place

Family Room, Free Standing, Gas Starter, Living Room, Wood Burning, Wood Stove, Other

Heating

Propane, Central Forced Air

Laundry

Dryer, Inside, Upper Floor, Washer

Views

Mountains, Canyon

Possession

COE

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.