The article reports on a recent property sale in Los Gatos, highlighting a house at 16665 Magneson Loop that sold for $5,950,000. Built in 1938 and covering 1,386 square feet, the single-story home features three bedrooms and sits on 0.3 acres. The article also provides context by mentioning nearby sales of various homes, showcasing the escalating property prices in the region, with several homes sold for $1,000 to over $4,000 per square foot, emphasizing significant market trends.
The property located in the 16600 block of Magneson Loop in Los Gatos was sold on May 16, 2025 for $5,950,000, or $4,293 per square foot.
Additional houses have recently been purchased nearby: On Robie Lane, Los Gatos, in October 2022, a 1,499-square-foot home was sold for $2,500,000.
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