Fantastic Monte Sereno home with a walk-out basement and gorgeous mountain views on an incredible 15,163 sq. ft. lot. Youll be captivated by the summer-ready outdoor tropical oasis with a cool island vibe, featuring a heated pool, hot tub, waterfall, tiki hut bar, open air bar shack, wharf-themed dining deck, BBQ and fire pit area, vineyard and horseshoe area all accented with a whimsical collection of themed accessories and nautical decor. The comfortable interior features a spacious living room, dining room, and kitchen with dual food prep. areas, gas cooktop, temperature-controlled wine fridge, and eat-in dining area. Main level Master bedroom, 2nd bedroom and bathroom, plus a downstairs en suite bedroom and den/playroom. Close to downtown Los Gatos, hiking and bike trails, Vasona Park, La Rinconada Golf Course, Netflix, Bay Club and access to highways 17/85. Distinguished Los Gatos Schools. Great potential to update and enhance this hidden gem!