
Saratoga, California 95070
This Single-Family Residence represents a Value-Add Opportunity, listed at $3,888,888, which is positioned above the $3,768,085 Fair Market Value. While the property requires capital for modernization, its Condition Rating of 4 reflects a well-maintained structure with significant potential for cosmetic upgrades. The expansive 0.29-acre lot and Single-Level Layout provide a premium foundation for renovation. Located in a prime Saratoga neighborhood, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to customize a high-potential asset in a top-tier school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12498 Sumner Drive Subject 4 bd · 3 ba · 2,311 sqft · $1,630 | $3,888,888* List Price | 4 | 3 | 2,311 | $1,630 | - |
A 20555 Carniel Avenue Sold 4 bd · 4 ba · 2,749 sqft · $1,710 · 0.2 mi | $4,701,116 | 4 | 4 | 2,749 | $1,710 | 0.2 mi |
B 20615 Leonard Road Sold 5 bd · 3 ba · 2,142 sqft · $1,718 · 0.9 mi | $3,680,000 | 5 | 3 | 2,142 | $1,718 | 0.9 mi |
C 12153 Scully Avenue Sold 3 bd · 2 ba · 2,129 sqft · $1,973 · 0.7 mi | $4,200,000 | 3 | 2 | 2,129 | $1,973 | 0.7 mi |
D 19728 Northampton Drive Sold 5 bd · 4 ba · 2,814 sqft · $1,686 · 0.7 mi | $4,744,000 | 5 | 4 | 2,814 | $1,686 | 0.7 mi |
E 19959 Sea Gull Way Active 4 bd · 3 ba · 1,998 sqft · $1,502 · 0.6 mi | $2,999,999 List Price | 4 | 3 | 1,998 | $1,502 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, the home appears well-maintained and functional with nice hardwood floors and a clean exterior. However, the interior systems, bathrooms, and wet bar areas feature dated finishes, including older tile countertops, brass fixtures, and mirrored wall panels that are over 20 years old and in need of modern updates.
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.
Situated in a highly sought-after neighborhood with excellent proximity to Highways 85 and 280, offering a perfect balance of suburban tranquility and convenient Silicon Valley access.
The 2,311 sq. ft. single-story floor plan features soaring vaulted ceilings and abundant natural light, providing an accessible and elegant living environment that is highly coveted by families and downsizers alike.
With a list price nearing $3.9 million for a 1978 construction, the property represents a significant investment that may face stiff competition from newer or more extensively renovated homes in the area.
Given the home's age, buyers may need to allocate additional capital for updating major systems or interior finishes to align with contemporary luxury standards.
Discover a rare opportunity to own a beautifully situated residence in one of Saratoga most sought-after neighborhoods. Set on an expansive approximately 0.29-acre parcel, this elegant single-level home offers approximately 2,311 sq. ft. of thoughtfully designed living space with 4 bedrooms and 2.5 bathrooms. From the moment you enter, soaring vaulted ceilings, abundant natural light, rich hardwood floors, and two inviting fireplaces create a sense of warmth and understated elegance. Generous living and gathering spaces flow effortlessly throughout the home, providing an ideal setting for intimate evenings, family celebrations, and sophisticated entertaining. The private backyard is a true extension of the home. An expansive lawn, brick entertaining patio, and charming white trellis pergola create a serene setting for alfresco dining, weekend gatherings, gardening, recreation, or peaceful afternoons beneath the California sky. Ideally positioned near Highways 85 and 280 and served by highly regarded local schools, this exceptional property combines the tranquility of Saratoga living with convenient access to Silicon Valley. More than a residence, 12498 Sumner Drive is an opportunity to create an extraordinary Saratoga lifestyle and a place to call home for years to come.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.2 |
| Baths | 3.0 | 3.6 |
| Square foot | 2,311 | 2,708.875 |
| Lot Size | 12,544 | 14,737.375 |
| Price | $3.89M | $4.45M |
| Price per sq ft | $1.7K | $1.6K |
| Built year | 1978 | 1965 |
| HOA | $0 | $0 |
| Days on market | 39 | 39 |
Sep 15, 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