11490 Summit Wood Road, Los Altos Hills, California 94022, Los Altos Hills, 94022 - 4 bed, 2 bath
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11490 Summit Wood Road
Los Altos Hills, California 94022
ACTIVE
CONDITION: TEAR DOWN
4Beds
2Baths
2,397Sq Ft
45,128Lot Size
Property Price
LIST PRICE$3,695,000
EST. MARKET VALUE
$3,930,607
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $3,695,000—positioned well below the $3,930,608 Fair Market Value by 5%. This valuation gap offers $235,608 in Instant Equity for buyers. Featuring a Condition Rating of 6, the existing structure is a total tear-down, providing a blank canvas on a massive 45,128 sqft lot with panoramic hill views. This is a high-reward acquisition ideal for Luxury Developers or Owner-Occupants seeking to build a custom estate.
Estimated Market Value
$3,930,607+$235,607 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Altos Hills.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11490 Summit Wood Road Subject | $3,695,000* List Price | 4 | 2 | 2,397 | $1,640 | - |
A 11450 Summit Wood Road Active | $3,399,000 List Price | 3 | 3 | 1,970 | $1,725 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
The listing explicitly identifies the structure as a tear-down and a prime development opportunity. Built in 1976 (50 years old) with no evidence of renovations, the property is being sold for its land value and hill views rather than the existing dwelling.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45128, living area = 2397.
- Prime Development Potential
Situated on a generous 45,128 sqft lot, this property serves as a premier blank canvas for a custom luxury estate in a highly sought-after Los Altos Hills location.
- Scenic Hillside Views
The site offers stunning elevated hill views from a potential second-story build, providing a serene and picturesque backdrop for a new residence.
CONSRISKS & DEFICIENCIES
- Total Tear-Down Condition
The existing 1976 structure is a tear-down, meaning the list price covers land value only and requires significant additional capital for demolition and construction.
- Significant Project Lead Time
As a development opportunity, buyers must account for the time and costs associated with architectural planning, permitting, and Los Altos Hills' building reviews.
About 11490 Summit Wood Road
Prime development opportunity in Los Altos Hills! Bring your architect and builder to transform this highly desirable lot, which offers stunning hill views from the second story. The existing structure is a tear-down providing a blank canvas for your custom dream home or next investment project. Nestled in a private and tranquil location, this is the perfect opportunity for clients looking to build their dream home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 45,128 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.8 |
| Baths | 2.0 | 4.6 |
| Square foot | 2,397 | 4,330.8 |
| Lot Size | 45,128 | 54,749.3 |
| Price | $3.69M | $6.17M |
| Price per sq ft | $1.5K | $1.5K |
| Built year | 1976 | 1987 |
| HOA | $0 | $0 |
| Days on market | 10 | 55 |
Pricing History
Listed for Sale
Aug 30, 2026
$3,695,000
Initial Listing