16515 Marchmont Drive

PRICE REDUCED! Opportunity knocks on this beautiful 1/4 acre lot with hillside views and extensive living flexibility. Located on one of the most desirable streets in Los Gatos. Charming main home features 5 bedrooms, 3 baths, fireplace, and updated kitchen. Beautiful front yard with large shady tree and front porch. Hardwood flooring in main living area with lots of bedroom flexibility and access to back and side yards. Attached, updated ADU (841 sq ft) with outside entrance, 2 bedrooms, kitchen, living area, full bath, laundry and wonderful views to expansive backyard. Detached office/studio (412 sq ft) with laundry and bath. Highest Value Options available to buyers: 1) Split lot to 2 per Los Gatos 2040 General Plan (buyers to verify) 2) Expand and remodel existing home to the front 3) Finalize ADU permits for Rental Income 4) Finalize Approved plans for a 2 story 3,800 sqft complete remodel.