
Saratoga, California 95070
This Strategic Value-Add Asset is listed at $2,300,000, representing a stable entry point aligned with its $2,269,376 Fair Market Value. Marketed as a "true fixer" with a Condition Rating of 5, the property offers immense potential for forced appreciation by reimagining or expanding the existing 1,247 sqft footprint. The massive 10,332 sqft lot and access to top-rated Saratoga schools ensure long-term desirability and high resale value post-renovation. Featuring a private patio, this site is a rare redevelopment opportunity in a premier Silicon Valley location. It is an ideal acquisition for Value-Add Investors or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18600 Montpere Way Subject | $2,300,000* List Price | 3 | 2 | 1,247 | $1,820 | - |
A 13345 Ronnie Way Pending | $2,500,000 List Price | 3 | 2 | 1,324 | $1,888 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 and explicitly marketed as a 'true fixer,' this 70-year-old property features a dated kitchen, original wood-paneled walls, and aging systems. While currently occupied, the listing emphasizes the need to 'renovate, reimagine, and create value,' placing it firmly in the rehab category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10332, living area = 1247.
Situated in a highly desirable Saratoga neighborhood, the property offers proximity to top-rated schools, parks, and downtown, ensuring long-term desirability and value retention.
The expansive 10,332 sqft lot provides ample space for expansion, landscaping, or a complete rebuild, offering rare flexibility in a high-demand area.
The property is marketed as a fixer-upper, implying that substantial additional capital and time will be required to bring the home to modern living standards.
With only 1,247 sqft of living space, the current structure is relatively small for the price point, likely requiring an extension to meet the expectations of modern luxury buyers in Saratoga.
Welcome to 18600 Montpere Way, a 3-bedroom, 2.5-bath home nestled in one of Saratogas most desirable neighborhoods. With a functional layout that includes a family room, formal dining room, and kitchen, the home offers a solid footprint and excellent potential. Set on a private, mature lot just minutes from top-rated Saratoga schools, parks, and the charm of downtown, this property presents a rare opportunity to renovate, reimagine, and create significant value. A true fixer with upside in a prestigious, high-demand location. Bring your visionopportunities like this are rare.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 15% |
| Baths | 2.0 | 3.0 | 21% |
| Square foot | 1,247 | 2,812 | 5% |
| Lot Size | 10,332 | 14,033 | 21% |
| Price | $2.30M | $4.20M | 3% |
| Price per sq ft | $1.8K | $1.6K | 80% |
| Built year | 1954 | 1963 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 166 | 3% |
Apr 14, 2026
$2,300,000
Initial Listing