
Saratoga, California 95070
Analysis of 12649 Paseo Olivos, Saratoga, California 95070 is currently available with a list price of $2,800,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Saratoga Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950, this property is in mostly original or heavily dated condition, requiring substantial rehabilitation. The kitchen features dark, dated cabinetry with tiled countertops and old appliances, while the bathrooms and living areas show significant wear, including stained carpets, popcorn ceilings, and outdated wall heaters. The listing itself suggests the property as a candidate for a custom rebuild, indicating that the value lies primarily in the large lot rather than the current state of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15680, living area = 2311.
The 0.36-acre lot is a rare find in Saratoga, providing significant space for a custom rebuild, major expansion, or the creation of a luxurious outdoor retreat.
With vaulted ceilings, exposed beams, and a unique curved bar, the home offers a distinctive aesthetic foundation that is ideal for a high-end modern renovation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home retains many original finishes from 1950, particularly in the kitchen, which will require a substantial investment to modernize and meet current luxury standards.
Given the property's age, buyers should anticipate the need for significant updates to major infrastructure and systems to ensure modern efficiency and safety.
Situated on an expansive 0.36-acre lot in a desirable Saratoga neighborhood, this single-level home offers over 2,300 sq ft of living space with a spacious and distinctive layout. The interior features large living areas, including an oversized living room and a separate family room with direct backyard access through multiple sliding doors. Vaulted ceilings with exposed beams, extensive built-in cabinetry, and a unique curved bar create strong architectural character. The kitchen is generously sized with an island, abundant cabinetry, and original finishes, opening to adjacent dining and living spaces. A separate room currently used as an office functions as a third bedroom. Bedrooms are well-proportioned, and the layout provides separation between living and private spaces. The backyard is deep and usable with mature trees, a large deck, a detached outbuilding, and open space. The front courtyard offers a private entry and additional outdoor living area. Whether refreshing existing surfaces or building a custom dream home, the lot and setting provide an exceptional opportunity. Conveniently located near top-rated schools, shopping, and commute routes, this property offers scale, character, and a rare lot size in Saratoga.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 15% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,311 | 2,812 | 30% |
| Lot Size | 15,680 | 14,336 | 56% |
| Price | $2.80M | $4.20M | 7% |
| Price per sq ft | $1.2K | $1.6K | 13% |
| Built year | 1950 | 1963 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 166 | 5% |
Mar 30, 2026
$2,800,000
Initial Listing