
Saratoga, California 95070
This property presents a High-Potential Investment Opportunity with a List Price of $3,999,888—positioned well below the $4,100,002 Fair Market Value by 2%. This valuation gap offers $100,114 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home offers great bones and significant ADU conversion potential on a 1.1-acre lot. Located in a premier district with Top-Rated Schools (10/10 High School), this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable estate.
Property is moderate renovation needed.
While the property underwent a significant renovation and expansion, the aesthetic (light wood raised-panel cabinetry, dark granite, and brass-toned fixtures) suggests the work was completed approximately 15-20 years ago. The listing description notes the home is 'waiting for your design and touch' and needs 'proper upgrades' to reach peak market value, indicating that while functional and move-in ready, the systems and finishes are now dated and require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48662, living area = 3101.
Elementary School: Foothill Elementary School (9/10). Middle School: Redwood Middle School (9/10). High School: Saratoga High School (10/10).
The expansive 1.1-acre lot features a detached lower garage perfectly suited for an ADU conversion and offers the rare potential to subdivide the parcel, providing significant value-add opportunities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the home has 'great bones,' the description indicates it is waiting for a buyer's 'design and touch,' suggesting that significant additional investment is needed to reach its $5 million market potential.
The multi-level garage configuration and sloped, wooded terrain with a seasonal creek may present higher maintenance costs and more complex landscaping or construction requirements compared to flat parcels.
Amazing Saratoga property nestled on 1.1 Acres. Very private parcel with natural wooded trees. Drive up your private driveway with a lower detached 2 car garage that would be perfect to convert to an ADU with its own parking space. Continue on up the driveway to your future dream home just waiting for your design and touch! Totally remodeled several years ago with an addition to 3101sf 4 bedroom and 3 bath. Upper and lower footage. Kitchen appliances include Thermador/GE Profile. Formal dining room, separate family room, great den/home office. Spacious primary suite with jetted bath tub, separate large shower, walk-in closet. Great bones and coffered ceilings! Just off the additional 2nd lower living room is a wet bar with ample cabinets and counter space. Attached 776sf upper garage & 483 lower garage.Outside, from your private expansive deck, are gorgeous views of Hugh trees and Eucalyptus trees, plus your own seasonal creek below! With the size of the parcel there might be a possibility to subdivide the lower half to build. Buyers to explore sub divison on their own. Award winning elementary school, Marshall Lane is right on the corner of Old Wood & Sobey Rd. This property with the proper upgrades has tremendous opportunity for upper value of closer to $5 million. Property!
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.2 |
| Baths | 3.0 | 3.6 |
| Square foot | 3,101 | 2,708.875 |
| Lot Size | 48,662 | 14,737.375 |
| Price | $4.00M | $4.45M |
| Price per sq ft | $1.3K | $1.6K |
| Built year | 1972 | 1965 |
| HOA | $0 | $0 |
| Days on market | 8 | 39 |
Oct 16, 2026
$3,999,888
Initial Listing