
Saratoga, California 95070
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $4,888,000—positioned above the $4,251,343 Fair Market Value. While priced for its land utility rather than current structure, the property features a Condition Rating of 2 with high-end contemporary renovations. The expansive 22,500 sq. ft. lot offers significant Development Potential for a custom estate or SB 9 lot split. Located in the prestigious Saratoga School District, this asset is ideal for Luxury Developers or Owner-Occupants seeking a long-term land-banking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14575 Horseshoe Drive Subject | $4,888,000* List Price | 3 | 3 | 2,341 | $1,816 | - |
A 14611 Aloha Avenue Sold | $4,710,000 | 4 | 3 | 2,806 | $1,679 | 0.4 mi |
B 14781 Vickery Avenue Pending | $4,998,000 List Price | 4 | 3 | 2,831 | $1,765 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1948, the home has undergone a high-end contemporary renovation. The kitchen features modern white cabinetry, stone countertops, and professional-grade stainless steel appliances. Bathrooms have been updated with modern tile, glass enclosures, and floating vanities. With recessed lighting, hardwood floors, and a 'move-in ready' status, the property meets the criteria for a recent major renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22500, living area = 2341.
The rare 22,500 sq. ft. square lot (150x150) offers significant opportunity for a custom luxury estate or a potential two-homesite configuration under SB 9.
Situated in one of Saratoga's most prestigious neighborhoods, the property is served by the award-winning Saratoga School District and is minutes from downtown dining and cultural landmarks.
At nearly $4.9M for a 2,341 sq. ft. home built in 1948, the list price reflects the land's potential rather than the current structure's utility, resulting in a very high price per square foot.
The realization of the property's highest and best use is contingent upon the buyer verifying complex SB 9 lot split and building regulations with the City of Saratoga.
Rare Saratoga gem set on over half an acre in one of Saratogas most prestigious neighborhoods. Nestled on a charming, quiet street, this exceptional property offers a peaceful and private setting while remaining ideally located near Downtown Saratoga and Downtown Los Gatos. Moments from Hakone Gardens, Montalvo Arts Center, and the Mountain Winery, with the dining and entertainment of Saratoga and Los Gatos close by, and served by the award-winning Saratoga School District. This spacious 3-bedroom, 3-bathroom home offers approximately 2,341 sq. ft. of thoughtfully refreshed living space on an expansive 22,500± sq. ft. lot. Featuring a light-filled primary suite with high ceilings, the home is move-in ready to enjoy now while designing your dream estate. The true opportunity is in the land a rare 150 × 150 square lot, ideally suited for a custom estate, future expansion, or a possible two-homesite configuration of approximately 75 × 150 each. Buyer to verify SB 9, lot split, development, and building potential with the City of Saratoga.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 19% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,341 | 2,745.5 | 39% |
| Lot Size | 22,500 | 14,008.5 | 65% |
| Price | $4.89M | $4.24M | 66% |
| Price per sq ft | $2.1K | $1.6K | 82% |
| Built year | 1948 | 1964 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 100 | 3% |
Jun 2, 2026
$4,888,000
Initial Listing
Sep 25, 1996
$828,000
Public Record