1114 Laureles Drive, Los Altos, California 94022, Los Altos, 94022 - 3 bed, 3 bath
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Los Altos, California 94022
This Classic Ranch-Style Home represents a High-Potential Investment Opportunity, listed at a List Price of $4,298,000—positioned well below the $4,366,940 Fair Market Value by 1.58%. This valuation gap provides $68,940 in Instant Equity. Featuring a Condition Rating of 4, the property offers significant modernization potential on an expansive 14,006 sq. ft. lot. With its prime North Los Altos location and flexible floor plan, this asset is ideal for Value-Add Investors or Owner-Occupants seeking to customize a premier property.
Property is moderate renovation needed.
Built in 1955, the home is well-maintained but significantly dated. The kitchen and bathrooms feature tile work and appliances consistent with a 20-30 year old renovation. While functional and featuring double-pane windows, the interior requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14006, living area = 1921.
Situated in a highly desirable neighborhood near top-rated schools, recreation trails, and shopping, ensuring strong long-term property value and lifestyle convenience.
The oversized 14,006 sq. ft. lot is significantly larger than average for the area, providing exceptional privacy and a rare opportunity for expansion or a custom new build.
Built in 1955, the classic ranch-style home may require significant modernization or a full renovation to meet the expectations of contemporary luxury buyers.
With a list price of $4.298M for 1,921 sq. ft. of living space, the value is heavily weighted in the land, which may deter buyers looking for a move-in ready estate at this price point.
Classic ranch-style home situated on an expansive approx 14,000 sq.ft. lot in highly desirable North Los Altos neighborhood. Set back from the street for added privacy, this light filled home offers a flexible floor plan with spacious living areas, hardwood floors, double pane windows, formal LR and DR, a spacious kitchen with center island, and a versatile bonus room ideal for a fourth bedroom, office, den or family room. The serene setting and oversized lot present privacy and exceptional future potential. Conveniently located near top rated Los Altos schools, recreation trail, shopping, dining, and commute routes. Buyer to verify school availability.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 29% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,921 | 2,520 | 19% |
| Lot Size | 14,006 | 18,750 | 35% |
| Price | $4.30M | $5.25M | 32% |
| Price per sq ft | $2.2K | $1.9K | 74% |
| Built year | 1955 | 1967 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 114 | 3% |
Jun 3, 2026
$4,298,000
Initial Listing