RealKey
‪(213) 433-7766‬

14835 Farwell Avenue, Saratoga, California 95070, Saratoga, 95070 - 3 bed, 2 bath

14835 Farwell Avenue, Saratoga, California 95070 home-pic-0
ACTIVE$4,500,000
14835 Farwell Avenue, Saratoga, California 95070
3Beds
2Baths
1,662Sqft
58,938Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 58938, living area = 1662.
Top Cons:
Existing Structure Obsolete: The 1955-built existing home (1,662 sqft) is effectively a teardown, meaning the $4.5M purchase price is primarily for the land and approved plans, not the current dwelling.

Compared to the nearby listings

Price:$4.50M vs avg $4.16M (+$337,500)63%
Size:1,662 sqft vs avg 2,647.5 sqft12%
Price/sqft:$2.7K vs avg $1.6K97%

More Insights

Built in 1955 (70 years old).
Condition: The MLS listing explicitly states that the 1955-built existing home is 'effectively a teardown' and that the $4.5M purchase price is 'primarily for the land and approved plans, not the current dwelling.' The images provided are mostly renderings of a future luxury estate or photos of the undeveloped land, with only a few exterior shots of the current, dated structure. There are no interior photos of the existing kitchen or bathrooms, indicating they are not a selling point and are likely in original, unlivable, or very poor condition, consistent with a property intended for demolition.
Year Built
1955
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
$2,708
HOA
-
Days on market
-
Sold On
-
MLS number
ML82019066
Home ConditionTear down
Features
Excellent View:
Deck
Pool
Patio
View-

About this home

Welcome to 14835 Farwell Ave - a rare and extraordinary Saratoga opportunity! This premier property offers fully approved plans for a breathtaking 6,000+ SF ultra-modern luxury estate, showcased in the renderings provided. Designed for elegance, comfort, and functionality, the architectural vision includes a spacious main residence with soaring open-concept living areas, dramatic walls of glass, and seamless indoor-outdoor flow. A private ADU, three-car garage, and resort-style pool complete the estate, creating the ultimate retreat for modern living. The seller has invested over $400,000 in world-class architecture, interior design, detailed drawings, and permits, ensuring a seamless building process and saving valuable time. Set in one of Saratogas most prestigious neighborhoods, the property is just minutes from downtown Saratoga, Villa Montalvo, and award-winning Saratoga schools. With entitlements in place and construction-ready plans, you can confidently bring this visionary estate to life. Saratoga luxury at its finest - approved, designed, and ready to build!

Condition Rating
Tear down
The MLS listing explicitly states that the 1955-built existing home is 'effectively a teardown' and that the $4.5M purchase price is 'primarily for the land and approved plans, not the current dwelling.' The images provided are mostly renderings of a future luxury estate or photos of the undeveloped land, with only a few exterior shots of the current, dated structure. There are no interior photos of the existing kitchen or bathrooms, indicating they are not a selling point and are likely in original, unlivable, or very poor condition, consistent with a property intended for demolition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 58938, living area = 1662.
Pre-Approved Development: The property comes with fully approved plans and entitlements for a breathtaking 6,000+ SF ultra-modern luxury estate, significantly de-risking and accelerating the building process for the buyer.
Substantial Seller Investment: The seller has invested over $400,000 in world-class architecture, interior design, detailed drawings, and permits, providing immediate construction readiness and saving valuable time and cost for the new owner.
Prime Saratoga Location: Situated in one of Saratoga's most prestigious neighborhoods, offering excellent proximity to downtown Saratoga, cultural attractions like Villa Montalvo, and highly-rated award-winning schools.
Expansive Lot Size: A generous 58,938 sqft (over 1.3 acres) lot provides ample space for the planned grand estate, including a private ADU, three-car garage, and resort-style pool.
Custom Luxury Potential: This is a unique opportunity to build a bespoke, high-end modern residence designed for ultimate elegance, comfort, and functionality, tailored to specific luxury tastes and needs.

Cons

Existing Structure Obsolete: The 1955-built existing home (1,662 sqft) is effectively a teardown, meaning the $4.5M purchase price is primarily for the land and approved plans, not the current dwelling.
Significant Additional Investment Required: Beyond the $4.5M list price for the land and plans, the buyer must budget for multi-million dollar construction costs to realize the planned 6,000+ SF luxury estate, ADU, and pool.
Construction Project Management: Despite pre-approved plans, the buyer will still face the complexities, time commitment, and potential delays inherent in managing a large-scale custom home construction project.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state