
Portola Valley, California 94028
Analysis of 163 Crescent Avenue, Portola Valley, California 94028 is currently available with a list price of $3,395,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Portola Valley Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Although built in 1962, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a brand-new kitchen with modern cabinetry and stainless appliances, fully updated bathrooms with contemporary fixtures, new light-colored wood flooring, recessed lighting, and a modern cable railing system, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10509, living area = 1870.
The home seamlessly blends 1960s architectural character with contemporary updates, featuring a new kitchen and light-filled open layout that is completely move-in ready.
The lower-level utility space provides a unique opportunity to expand the living area by adding a fourth bedroom, additional bathroom, or a JADU, offering immediate equity growth potential.
With only 1,870 square feet of living space at a $3.395M price point, the property carries a premium valuation that may challenge buyers seeking more interior volume.
A $100,000 price reduction after 32 days on the market indicates a potential mismatch between the initial asking price and current buyer demand in the local segment.
This move-in-ready Portola Valley retreat perfectly balances mid-century character with modern updates. The main level features an open, light-filled layout centered around a fireplace, with large windows framing views of the surrounding greenery. The new kitchen and living areas flow directly onto a private deck, overlooking a fenced backyard, mature gardens & relaxing setting perfect for morning coffee & dining place for intimate gatherings. A stylish modern handrail leads you to the versatile lower level, which includes a third bedroom, a full bathroom, a dedicated office area, and a secondary living space with its own fireplace and sliding glass doors to the garden patio & curated pathways leading to a gathering space atop the hillside. The lower level offers a unique opportunity for buyers to potentially add a fourth bedroom and additional bath, or potentially a JADU to the existing footprint of the walk-in utility space. Ideally located for enjoying the Peninsulas outdoor lifestyle, this home is minutes from local dining, shopping, and extensive trail & bike networks. With easy access to Silicon Valley hubs and Stanford University, this is a prime opportunity to own a renovated, nature-connected home in a sought-after location.
No exterior & parking available.
Grades K-3 • 0.8 mi
Grades 4-8 • 0.1 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.1 |
| Square foot | 1,870 | 3,311.714 |
| Lot Size | 10,509 | 31,577.286 |
| Price | $3.40M | $4.13M |
| Price per sq ft | $1.8K | $1.5K |
| Built year | 1962 | 1957 |
| HOA | $0 | $232 |
| Days on market | 44 | 48 |
Aug 18, 2026
$3,395,000
$3,495,000
-3% Price Drop
Initial Listing
Jul 27, 2026
$3,495,000
Initial Listing