15050 Oriole Road, Saratoga, California 95070, Saratoga, 95070 - 5 bed, 4 bath
ACTIVE$3,798,000
15050 Oriole Road, Saratoga, California 95070
5Beds
4Baths
3,939Sqft
43,900Lot
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 = 43900, living area = 3939.
Top Cons:
Significant Investment Required: The 1951-built existing home likely requires extensive remodeling or demolition, necessitating substantial additional investment beyond the purchase price to realize the property's full potential.
Compared to the nearby listings
Price:$3.80M vs avg $4.11M ($-314,500)33%
Size:3,939 sqft vs avg 2,685 sqft77%
Price/sqft:$964 vs avg $1.6K7%
More Insights
Built in 1951 (74 years old).
Condition: The property was built in 1951, making it over 70 years old. The listing description explicitly states, 'Remodel the existing home or build your dream estate,' and the property analysis highlights that the '1951-built existing home likely requires extensive remodeling or demolition.' The complete absence of interior photos, especially of the kitchen and bathrooms, strongly indicates these areas are in extremely poor, outdated, or unpresentable condition, consistent with a property whose value is primarily in the land for redevelopment rather than the existing structure.
Year Built
1951
Close
-
List price
$3.8M
Original List price
$3.8M
Price/Sqft
$964
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021438
Home ConditionTear down
Features
Good View:
Patio
View-
About this home
Welcome to 15050 Oriole Road located in the coveted Platinum Triangle neighborhood of Saratoga. Remodel the existing home or build your dream estate. Nestled in the heart of Silicon Valley, this expansive lot offers unparalleled tranquility, privacy, and breathtaking views. Set among multi million dollar estates, this premium parcel provides the perfect canvas for a luxurious estate with ample room for a main residence, guest house, pool, and outdoor living spaces. Surrounded by nature, yet minutes from vibrant downtown Saratoga, renowned wineries, top rated restaurants, and world class Saratoga schools. With utilities available and generous setbacks for optimal design flexibility, this is a once in a lifetime opportunity to create a retreat that reflects your personal vision and lifestyle. Don't miss this extraordinary chance to design and build your legacy home in one of the Bay Area's most sought after communities.
Nearby schools
8/10
Saratoga Elementary School
Public,•K-5•1.3mi
9/10
Foothill Elementary School
Public,•K-5•1.7mi
9/10
Argonaut Elementary School
Public,•K-5•2.0mi
9/10
Redwood Middle School
Public,•6-8•1.3mi
10/10
Saratoga High School
Public,•9-12•1.6mi
10/10
Los Gatos High School
Public,•9-12•2.7mi
Condition Rating
Tear down
The property was built in 1951, making it over 70 years old. The listing description explicitly states, 'Remodel the existing home or build your dream estate,' and the property analysis highlights that the '1951-built existing home likely requires extensive remodeling or demolition.' The complete absence of interior photos, especially of the kitchen and bathrooms, strongly indicates these areas are in extremely poor, outdated, or unpresentable condition, consistent with a property whose value is primarily in the land for redevelopment rather than the existing structure.
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 = 43900, living area = 3939.
Great Schools: Elementary School: Foothill Elementary School (9/10). Middle School: Redwood Middle School (9/10). High School: Los Gatos High School (10/10).
Prime Platinum Triangle Location: Situated in Saratoga's highly coveted Platinum Triangle neighborhood, offering prestige and proximity to the heart of Silicon Valley.
Expansive & Private Lot: A substantial 43,900 sqft lot providing unparalleled tranquility, privacy, and breathtaking views, ideal for a luxury estate.
Exceptional Development Potential: Offers a rare opportunity to build a custom dream estate with ample space for a main residence, guest house, pool, and outdoor living, supported by available utilities and flexible setbacks.
Access to Top-Rated Schools: Zoned for world-class Saratoga schools, including multiple highly-rated elementary, middle, and high schools, a significant draw for families.
Proximity to Upscale Amenities & Nature: Enjoying a serene natural setting while being minutes from vibrant downtown Saratoga, renowned wineries, and top-rated restaurants.
Cons
Significant Investment Required: The 1951-built existing home likely requires extensive remodeling or demolition, necessitating substantial additional investment beyond the purchase price to realize the property's full potential.
High Barrier to Entry: The list price of $3.798 million positions this property exclusively for ultra-high-net-worth individuals or developers, limiting the potential buyer pool.
Project-Oriented Purchase: This is primarily a land acquisition for development or a major renovation project, which may not appeal to buyers seeking a move-in ready home.