38 Alpine Avenue is asking $7M — the highest of 26 active Los Gatos listings like it

Among the 26 active single-family listings in Los Gatos that match 38 Alpine Avenue on type, size band, and bedroom count, this one sits at the top by asking price. Its list price of $6,998,000 and asking rate of $1,559 per square foot both clear the peer median — $4,049,000 median ask and $1,049 median per-square-foot ask across those 26 listings — by a considerable margin.

How it compares with homes like it

The peer rule here: same type (single-family homes), within one bedroom of four, size within 25% of 4,489 square feet, sold within the last 12 months, within a one-mile radius — 12 recorded sales qualify.

Across those 12 sales, the median recorded price was $5,925,000 and the median per-square-foot was $1,194. At $1,559 per square foot, 38 Alpine Avenue's ask runs 31% above that peer median. Only one of the 12 peer sales recorded a higher price: 85 Reservoir Road, 0.36 miles away, which closed in March 2026 at $7,600,000 on 4,663 square feet — a 3-bedroom, 4-bath home that traded at $1,630 per square foot.

The next closest in price among peer sales was 90 Reservoir Road at $6,800,000 (5 beds, 5,050 sq ft, $1,347/sq ft, April 2026) and 130 Longmeadow Drive at $6,800,000 (5 beds, 3,892 sq ft, $1,747/sq ft, August 2026). At $6,518,929, 146 Tait Ave also cleared $6.5 million. So four of the 12 peer sales recorded above $6.5 million — 38 Alpine is asking above all but one of them.

The lowest peer sale in the group was 120 Oak Meadow Drive at $3,938,000 in September 2026; the full range across 12 sales runs from $3,650,000 to $7,600,000.

Among the 26 active competing listings, the subject ranks 26th — the highest ask in the set.

Comparable sales

All dates are month-estimated from recorded data. Eight sales shown; the peer set includes 12 total. The table reads as a spread from $965 to $1,901 per square foot — 38 Alpine's $1,559 ask sits in the upper third of that range but below the two highest per-square-foot recordings.

Single-family homes across Los Gatos

There are currently 151 active single-family listings across Los Gatos. Over the last 180 days, 270 single-family homes sold at a median price of $2,950,000 and a median of $1,211 per square foot. The median asking price among active single-family listings right now is $1,950,000. These figures reflect all single-family homes across the city regardless of size, so they are not a direct peer comparison for a 4,489-square-foot home — the like-for-like peer data above is the more relevant frame.

How the Los Gatos market is doing

Across all property types in Los Gatos, 219 sales recorded in the last 180 days at a median price of $2,400,000 and a median of $1,163 per square foot, on a median home size of 2,136 square feet. The same window a year ago logged 281 sales at a median of $2,375,000 and $1,138 per square foot — volume is down about 22% year-over-year while the median price is up roughly 1%. The current market spans $355,000 to $7,800,000. Within the 3,591–5,387 square foot size band specifically, 37 sales recorded at a median of $4,600,000 and $1,130 per square foot. Among all 431 sales tracked in the comparison dataset, 38 Alpine's list price sits at the 98th percentile — only 8 recorded sales exceeded it.

What it would cost a month

At the list price, using the national 30-year average rate of 7.28% as of the week of October 1, 2026 (Freddie Mac Primary Mortgage Market Survey), the principal and interest payment on a fully financed purchase would be:

This is principal and interest only and is not an affordability assessment.

Three you could write an offer on today

These three homes are not listed for sale. They are nearby properties for which the public record exists on this site.

• 25 Alpine Ave — 5 beds, 5 baths, 5,021 sq ft, built 1968, last recorded sale $950,000 in September 1995, 0.05 miles away
• 19 Alpine Ave — 4 beds, 3 baths, 3,432 sq ft, built 1950, last recorded sale $2,685,000 in April 2017, 0.05 miles away
• 48 Jackson St — 4 beds, 3 baths, 4,819 sq ft, built 1966, last recorded sale $1,200,000 in January 2000, 0.06 miles away

Every home in the Los Gatos market has a page on this site. An owner does not need to have a listing active to receive a written offer — the agent carries the offer to the owner directly, and no one is committed to anything until both parties agree on terms in a signed contract. Read how an offer works.

Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272