Los Gatos nude resort asking price tops $30 million: real estate agent

LOS GATOS — The asking price for a historic nude resort in the Los Gatos hills tops $30 million, a potential property deal that might provide clues about the strength — or weakness — of the Bay Area real estate market.

Tucked away in the hills near Los Gatos, the lodge for decades has been a magnet for social nudity enthusiasts and naturists.

Founded in 1935 on the site of an old winery that was forced to close due to Prohibition, the naturist resort has survived economic collapse, a world war, creditors, recessions, wildfires and other adversity.

Lori Kay Stout has decided to step away from the property that she and her family have owned and operated since 1977.

The asking price for the property is $32.8 million, according to a listing by Christie’s International Real Estate Sereno and Joe Pollifrone, a broker associate with Just Realty.

That works out to about $292,900 an acre for the property at 20600 Aldercroft Heights Road in Los Gatos.

“Lupin Lodge has an extensive use permit, ideal location, gorgeous park-like grounds and views,” according to the listing.

After her husband Glyn Stout passed away in 2015, Lori Kay became the sole owner and operator of the lodge. Despite a dedicated and skilled staff, keeping up with everything gradually became a significant burden.

“It’s my health and it’s a lot to keep an eye on,” she said in an October interview with this news organization. “I have to deal with 38 agencies in terms of paying taxes, compliance, regulations, and paperwork. I have a great staff. But I’m just one person.”

While the coronavirus sent people fleeing from restaurants and offices, the pandemic spurred increased visits and sales for the nude resort.

“There’s been a big uptick in business because of the pandemic,” Stout said. “People want to go hiking and go outside. People have a great chance to connect here after being so isolated.”

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