1345 Arbor Avenue, Los Altos, California 94024, Los Altos, 94024 - 4 bed, 4 bath
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Los Altos, California 94024
This property presents a High-Potential Investment Opportunity with a List Price of $4,488,000—positioned above the $4,255,521 Fair Market Value. While the price reflects the premium location, the 22,140 SF lot offers significant development potential for a custom estate. With a Condition Rating of 6, the home serves as a blank canvas for modernization. Located in an elite district with award-winning schools, this is a rare acquisition for Luxury Developers or Owner-Occupants looking to build a legacy home in Los Altos.
Property is land value only, full reconstruction required.
Built in 1954 and held by the same family since 1990 with no mention of updates. The listing emphasizes the 22K+ SF lot and the opportunity to 'build the future' or 'create a custom estate,' signaling the value is in the land rather than the 70-year-old structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22140, living area = 2679.
Situated in the highly sought-after Los Altos Country Club neighborhood, the property offers proximity to golf fairways, scenic hills, and convenient access to Loyola Corners and Rancho Shopping Center.
The expansive 22,140-square-foot lot provides a rare opportunity to build a custom luxury estate or extensively renovate the existing structure in a neighborhood where large parcels are highly valued.
Built in 1954, the home likely requires significant modernization or a complete rebuild to meet contemporary luxury standards and functional expectations.
At a list price of nearly $4.5 million, the property represents a high-capital investment before accounting for the substantial costs associated with a major renovation or new construction.
Changing of the guard cherished by the same family since 1990, this rare Los Altos Country Club property is ready for its next chapter. Beneath majestic Heritage Oaks, where tree swings and glowing evenings create timeless memories, lies an extraordinary opportunity to build the future youve imagined. Set in one of Los Altos most sought-after neighborhoods, this expansive, 22K+ SF property offers privacy, beauty, and proximity to Los Altos Golf & Country Club fairways with Silicon Valley hills beyond. Perfectly positioned near Loyola Corners, Rancho Shopping Center, beloved local restaurants, and premier commute routes, the location balances tranquility with everyday convenience. Families are especially drawn to the award-winning Los Altos schools Loyola Elementary, Blach Middle, and Mountain View High making this an exceptional place to call home for generations to come. Whether restoring the original character of the vaulted beam-ceiling home or creating a custom estate, this is a rare chance to plant roots in a neighborhood where homes are treasured for decades.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 74% |
| Square foot | 2,679 | 2,408 | 62% |
| Lot Size | 22,140 | 12,750 | 79% |
| Price | $4.49M | $4.35M | 54% |
| Price per sq ft | $1.7K | $1.8K | 38% |
| Built year | 1954 | 1962 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 94 | 3% |
May 27, 2026
$4,488,000
Initial Listing