Bank owned REO. Will be sold through Hubzu Auctions. Gated estate, A private gated driveway leads you to this magnificent 6,032 square foot beauty overlooking an acre lot and a private stream. Built in 2004, this home welcomes you with a spiral staircase leading to the 3 upstairs bedrooms, each with an adjoining bath. The main bedroom has a balcony, walk-in closet and a bathroom with sunken tub with jets, a separate shower and marble floors. The main level has two family rooms with fireplaces, a library / den, a gourmet kitchen with Thermador appliances and an island, a bedroom with its own bathroom, a half bath and a two car garage. Downstairs is a great room, large enough for two pool tables, an entertainment or fitness room with adjoining full bath, a wine cellar, a bedroom with a full bathroom, and a bonus room. The landscaping contains too many mature trees to count and extensive hardscaping. Outside the two car garage there is ample parking for more vehicles, and a finished outdoor breakfast area. All this is located 5 minutes from thriving downtown Los Gatos, Highway 880 and in one of the best school districts in the Bay Area. Property needs some TLC. For the first 30 days on the market, only owner occupied buyers considered. ( California Civil Code 2924p )