12390 Gigli Court, Los Altos Hills, California 94022, Los Altos Hills, 94022 - 5 bed, 4 bath
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Los Altos Hills, California 94022
This Value-Add Estate is listed at $5,595,000, offering a rare opportunity to secure a massive footprint within the prestigious Palo Alto Unified School District. The property is currently positioned near its $5,136,236 Fair Market Value, with the price reflecting the exceptional land value of the 2.7-acre lot. Given the Poor Condition Rating and 1989 original finishes, the 3,900 sqft home and elevated deck require a full interior rehab to unlock maximum value. Featuring distant hill views, this is a high-upside project for Luxury Developers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12390 Gigli Court Subject | $5,595,000* List Price | 5 | 4 | 3,900 | $1,317 | - |
A 27769 Edgerton Road Sold | $5,000,000 | 5 | 4 | 3,671 | $1,362 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1989, the home is 37 years old and appears to retain its original kitchen and bathroom finishes. The kitchen features dated oak cabinetry, fluorescent light boxes, and older appliances. While the home is well-maintained, the age and outdated systems require a full interior rehab to meet modern luxury standards, placing it in the poor category based on the 30+ year age criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 119005, living area = 3900.
Situated on over 2.7 acres at the end of a private lane, the property offers unparalleled privacy and vast open space for recreation, gardens, or future development.
The home provides access to the highly prestigious Palo Alto Unified School District, a primary driver for long-term property value and buyer desirability.
Built in 1989, the home's classic traditional style and finishes likely require substantial modern updates to meet the expectations of today's luxury buyers.
The property is positioned as a transformation opportunity, suggesting that significant additional capital will be required beyond the multi-million dollar purchase price.
Set on more than 2.7 acres at the end of a private lane, this classic traditional home offers exceptional space, privacy, and long-term potential. Cobblestone-clad accents and timeless architectural details lend enduring curb appeal, while the homes generous scale provides a comfortable setting today for everyday living along with a meaningful opportunity to transform in the future. Formal living and dining rooms, an eat-in kitchen, and a spacious family room with cathedral ceiling precede a separate wing with five bedrooms, including the primary suite. The substantial acreage defines the property, with wide-open areas ideal for recreation, gardens, or future enhancements. Access to highly regarded Palo Alto schools further strengthens the appeal. Size, privacy, and exceptional land come together in a property that offers both immediate livability and lasting potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 69% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 3,900 | 2,635 | 83% |
| Lot Size | 119,005 | 19,740 | 97% |
| Price | $5.59M | $5.25M | 62% |
| Price per sq ft | $1.4K | $1.8K | 24% |
| Built year | 1989 | 1961 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 92 | 3% |
Apr 8, 2026
$5,595,000
Initial Listing