Here's your chance to own a home in beautiful Los Gatos! This property is hitting the market for the first time in 50 years. Located in a family-friendly neighborhood with top-rated Los Gatos schools, this home offers both charm and investment potential. The main residence is an updated 3-bedroom, 2-bath home featuring a spacious living room with hardwood floors, a wood-burning fireplace, and a dual-paned slider that opens to the side yard. The kitchen has maple cabinets, granite countertops, and a beautiful vintage O'Keefe and Merritt gas range. The primary bedroom includes an ensuite bathroom and a dual-paned slider to the private rear yard. The oversized 8400sf lot offers many expansion possibilities. The property also includes a 500sf legal ADU, which can be rented out to offset your mortgage or house extended family. The ADU, with a separate address of 206, features 1 bedroom/1 bath, gated driveway, private yards, indoor laundry, living room, large storage loft and a separate PG&E meter. The location provides easy access to commuting routes, Whole Foods, Trader Joe's, Nob Hill, and Lunardi's grocery stores, local Los Gatos schools, Blossom Hill Park, and Baggerly Baseball Field. This is an outstanding opportunity for homeowners and investors alike!