
Saratoga, California 95070
Analysis of 21328 Lumbertown Lane, Saratoga, California 95070 is currently available with a list price of $2,998,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Saratoga Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property is in mostly original 1968 condition and requires a total gut renovation or teardown to meet modern standards. The kitchen is extremely dated with worn cabinetry, obsolete appliances, and old tile counters. Interior features like the bright green shag carpeting and wood paneling are well beyond their functional lifespan. Additionally, the exterior wood decking appears weathered and neglected, and the listing description explicitly markets the property as a 'rare opportunity for builders' and a 'canvas to build,' indicating the value is primarily in the 1.6-acre lot rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 73616, living area = 2831.
Elementary School: Foothill Elementary School (9/10). Middle School: Redwood Middle School (9/10). High School: Saratoga High School (10/10).
The massive 1.6-acre lot offers a rare and significant opportunity for builders, investors, or owner-users to develop a custom luxury estate in a prestigious Saratoga location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =73616, other record lot size in square feet = 73676.
Built in 1968, the existing home likely requires extensive modernization or a complete teardown to realize the site's full market potential, requiring significant additional capital.
The hillside nature of the lot that provides the 'treetop views' may involve sloped terrain, which can increase construction complexity and costs for future development.
Welcome home to breathtaking views and endless potential in the heart of Saratoga. Situated on an expansive 1.6-acre lot, this exceptional property presents a rare opportunity for builders, investors, or buyers ready to create their dream estate. Enjoy the perfect blend of peaceful, countryside living and close proximity to the charm and vibrancy of Historic Saratoga Village, known for its boutique shops, dining, and community atmosphereall within the highly sought-after Saratoga school district. The existing home features a light-filled living room with expansive picture windows that frame sweeping treetop views, filling the space with natural light. Generously sized bedrooms, multiple view decks, and remarkable privacy enhance the homes appeal, offering a serene retreat surrounded by nature. With convenient access to downtown Saratoga, Saratoga-Sunnyvale Road, and Saratoga Avenue, this property combines tranquility with accessibilityan ideal canvas to build or renovate in one of the areas most desirable locations
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,831 | 2,831 | 50% |
| Lot Size | 73,616 | 14,336 | 95% |
| Price | $3.00M | $4.20M | 11% |
| Price per sq ft | $1.1K | $1.6K | 7% |
| Built year | 1968 | 1963 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 166 | 5% |
Mar 24, 2026
$2,998,000
Initial Listing