120 Miramontes Road, Woodside, California 94062, Woodside, 94062 - 5 bed, 5 bath

120 Miramontes Road, Woodside, California 94062 home-pic-0
ACTIVE UNDER CONTRACT$4,375,000
120 Miramontes Road, Woodside, California 94062
5Beds
5Baths
1,420Sqft
22,854Lot
Year Built
1920
Close
-
List price
$4.38M
Original List price
$4.88M
Price/Sqft
$3,081
HOA
-
Days on market
123 Days
Sold On
2025-12-22
MLS number
ML82018950
Home ConditionTear down
Features
Deck
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $4.38M(86th), sqft - 1420(16th), beds - 5(82th), baths - 5(82th).

Private ~half-acre property is prime for redevelopment with an existing 3,365+/- sf house and ADU* with 5BDs and 5BAs, a carriage house with studio, paddock, two access gates and multiple outbuildings. This highly coveted location is within 0.5 mile of Woodside Village with Roberts Market, Bucks, the library, The Village Pub (Michelin starred), Village Hub and Village Bakery and Cafe, and near top rated schools, miles of hiking, biking and horseback riding trails and surrounding open space preserves. Nestled in the foothills of the Santa Cruz Mountains between the Pacific Ocean and SF Bay, Woodside is one of the wealthiest communities in Silicon Valley and the U.S. It is renowned for its natural beauty, redwood forests, equestrian culture, sprawling estates, high-profile residents and proximity to Stanford, venture capital firms and tech hubs like Palo Alto and Menlo Park. It is about 30 minutes from San Francisco and the coast, 1.5 hours from Napa Valley and located between two international airports and private jet centers. Affluent, private and understated, this scenic rural town of about 5,100 residents offers a low-key lifestyle and tranquil retreat within easy reach of thriving epicenters. *Some structures may have been built without permits; buyer to investigate.

Price History

Date
Event
Price
09/25/25
Price Change
$4,375,000-10.3%
08/21/25
Listing
$4,875,000
Condition Rating
Tear down

Built in 1920, this property shows no evidence of major renovations in the past 50 years. The kitchen features extremely dated white cabinetry, older white appliances, and basic countertops, requiring a complete overhaul. The bathroom is similarly outdated with large, peach-tiled walls, an old vanity, and a black built-in tub, also needing full renovation. The MLS description explicitly states the property is 'prime for redevelopment' and requires 'Substantial Renovation/Redevelopment.' The presence of 'unpermitted structures' further complicates and devalues the existing buildings. The overall condition suggests the value lies primarily in the land, aligning with a tear-down scenario for new construction or a complete gut renovation to meet modern standards.
Pros & Cons

Pros

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 = 22854, living area = 1420.
Exceptional Location & Community: Situated in Woodside, one of Silicon Valley's wealthiest and most exclusive communities, known for its natural beauty, equestrian culture, high-profile residents, and proximity to tech hubs, Stanford, and major cities/airports.
Significant Redevelopment Potential: A prime ~half-acre property explicitly stated as 'prime for redevelopment,' offering a rare opportunity to build a custom estate in a highly coveted area.
Walkable Village Access: Highly desirable location within 0.5 mile of Woodside Village, providing convenient access to upscale amenities like Roberts Market, Michelin-starred dining, cafes, and the library.
Lifestyle & Recreational Opportunities: Nestled in the Santa Cruz Mountains foothills, the property offers immediate access to miles of hiking, biking, and horseback riding trails, and surrounding open space preserves, catering to an active, outdoor lifestyle.
Multiple Existing Structures: Includes an existing 3,365+/- sqft house, ADU, carriage house with studio, paddock, two access gates, and multiple outbuildings, providing a versatile foundation for redevelopment or extensive personal use.

Cons

Unpermitted Structures Risk: The disclosure that 'Some structures may have been built without permits' presents a significant legal and financial risk, requiring extensive buyer investigation and potential costly remediation or demolition.
Substantial Renovation/Redevelopment Required: Built in 1920 and described as 'prime for redevelopment,' the existing structures likely require significant capital investment for either demolition and new construction or extensive, costly renovations to meet modern standards and maximize value.
High Overall Investment: The property's list price, combined with the necessity for substantial redevelopment/renovation and the potential costs associated with permit issues, indicates a very high total investment and ongoing holding costs for the buyer.

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