33501 Loma Chiquita Rd

• **High Property Taxes:** Los Gatos has very high property taxes due to high property values. Even though Proposition 13 limits increases, the initial assessment will be based on the purchase price, resulting in substantial annual tax payments. Expect to pay significantly more in property taxes compared to other areas. • **Severe Air Quality Risk:** The property faces a severe air quality risk (8/10), with an average of 16 bad air days per year. This is a significant concern that could impact respiratory health and limit outdoor activities. Mitigation measures, such as air purifiers, may be necessary. • **Unclear Landscaping Costs:** Acreage requires ongoing maintenance, including landscaping, tree trimming, and potential fire hazard reduction. These costs can be substantial and should be factored into the overall budget. • **Distance to Amenities:** While the location offers tranquility, it also means a greater distance to essential amenities such as grocery stores, restaurants, and healthcare facilities. Be prepared for longer drive times for everyday errands. • **Price History Concerns:** The dramatic price increase from previous sales ($187,500 in 1994 and $479,243 in 1999) to the current listing price ($1,350,000) raises questions about the long-term value and potential for future appreciation. While Los Gatos is an affluent area, this rapid appreciation may not be sustainable.