12498 Sumner Drive, Saratoga, California 95070, Saratoga, 95070 - 4 bed, 3 bath
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Saratoga, California 95070
This Single-Family Residence represents a Strong Value Opportunity, listed at $3,888,888—positioned well below the $3,918,868 Fair Market Value by 0.77%. This valuation gap offers $29,980 in Instant Equity. Featuring a Condition Rating of 4, the home offers a spacious single-level layout on a rare third-acre lot within the top-tier Lynbrook High School district. While the interior invites modernization, the prime location and generous parcel size provide long-term stability. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prestigious Saratoga address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12498 Sumner Drive Subject | $3,888,888* List Price | 4 | 3 | 2,311 | $1,696 | - |
A 13367 Kahala Court Sold | $4,225,000 | 4 | 3 | 2,155 | $1,961 | 1.0 mi |
B 19728 Northampton Drive Sold | $4,744,000 | 5 | 4 | 2,814 | $1,686 | 0.7 mi |
C 12153 Scully Avenue Sold | $4,200,000 | 3 | 2 | 2,129 | $1,973 | 0.7 mi |
D 20154 Knollwood Drive Active | $3,998,000 List Price | 3 | 2 | 2,006 | $1,993 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the property is well-maintained but significantly dated. Visuals of the bathroom and wet bar show tile work, wallpaper, and brass fixtures consistent with a renovation from over 20 years ago. While functional and move-in ready, the kitchen and baths require modernization to meet current market expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12544, living area = 2311.
The property is zoned for top-tier schools including Blue Hills Elementary, Joaquin Miller Middle, and Lynbrook High, which are major value drivers in the Silicon Valley market.
Situated on a generous 0.29-acre parcel, the property offers a rare third-acre lot in a coveted Saratoga enclave, providing ample space for outdoor entertaining and privacy.
At a list price of nearly $3.9 million for 2,311 square feet, the property carries a premium price point that may be challenging for buyers focused on interior living space.
While beautifully maintained, the 1978 construction may require additional capital investment for contemporary upgrades to meet the luxury standards of today's high-end buyers.
Set on a rare third-acre parcel in one of Saratoga's most coveted enclaves, 12498 Sumner Drive is a beautifully maintained single-level residence where everyday comfort meets quiet sophistication. Soaring vaulted ceilings carry natural light across the living, dining, and primary bedrooms, while rich hardwood floors run throughout. Two fireplaces one in the living room and one in the family room anchor the home with warmth, and the eat-in kitchen opens naturally to the spaces made for gathering. A flexible fourth bedroom, framed by French doors and built-in bookshelves, makes an ideal study or home office. Outdoors, a private backyard awaits: a brick BBQ patio and an elegant white trellis pergola overlook a lush green lawn the perfect stage for California entertaining. Zoned for award-winning Blue Hills Elementary, Joaquin Miller Middle, and Lynbrook High, and just minutes from Highways 85 and 280 this is Silicon Valley living at its most gracious.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,311 | 2,685 | 38% |
| Lot Size | 12,544 | 13,984 | 42% |
| Price | $3.89M | $4.20M | 37% |
| Price per sq ft | $1.7K | $1.6K | 57% |
| Built year | 1978 | 1963 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 100 | 3% |
May 29, 2026
$3,888,888
Initial Listing
Apr 29, 2016
$2,200,000
Public Record
Mar 29, 2007
$1,638,000
Public Record
Mar 29, 2007
$1,638,000
Public Record
Jun 28, 2001
$1,300,000
Public Record