Life in the Los Gatos Area Los Gatos, California carries such prestige that nearby home for sale ad in San Jose boast phrases such as, "Los Gatos border," "Los Gatos neighborhood," and "Like Los Gatos for Less." The town of Los Gatos started off as a community of summer homes for the wealthy who wanted to live close to Santa Cruz and San Jose. Even today, Los Gatos just feels like a wealthy town. Homes range from redwood log cabins hidden in the woods off Mountain Charley Road, to million-dollar bungalows in the heart of downtown to  huge mansions up Kennedy, Shannon and College roads, interspersed with traditional ranch and two-story homes. For those willing to adjust to mountain living, (including septic systems and private water), with a slightly longer commute, the benefits can be v... 10/05/2009