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27690 Briones Court, Los Altos Hills, California 94022, Los Altos Hills, 94022 - 4 bed, 3 bath

27690 Briones Court, Los Altos Hills, California 94022 home-pic-0
ACTIVE$3,250,000
27690 Briones Court, Los Altos Hills, California 94022
4Beds
3Baths
3,116Sqft
43,560Lot

Price Vs. Estimate

The estimated value ($3,250,000) is $0 (0%) lower than the list price ($3,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Los Altos Hills Location: Situated in the highly desirable and affluent Los Altos Hills, offering a prestigious address and strong potential for property value appreciation.
Top Cons:
Documented Water Intrusion Issues: The property has experienced significant water-related problems from the exterior into the bottom floor during heavy rains, indicating a potentially costly structural or drainage defect.

Compared to the nearby listings

Price:$3.25M vs avg $5.44M ($-2,188,000)13%
Size:3,116 sqft vs avg 2,796 sqft58%
Price/sqft:$1.0K vs avg $1.8K5%

More Insights

Built in 1970 (55 years old).
Condition: The property was built in 1970, making it over 50 years old. The listing explicitly states that the home has experienced 'water-related problems from the exterior into the bottom floor during winter after heavy rains' and that 'highest and best use is probably the lot value and to build a new home.' This indicates significant structural or integrity issues and that the value is primarily in the land, aligning perfectly with the 'Tear-down' criteria. The kitchen's 'tile countertops' and the presence of 'vinyl/linoleum' flooring also suggest an outdated interior that has not undergone major modern renovations, further supporting the assessment that the existing structure is a liability rather than an asset.
Year Built
1970
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$1,043
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022528
Home ConditionTear down
Features
Good View:
Deck
View-

About this home

Welcome to this stunning home nestled in the desirable city of Los Altos Hills, offering an expansive lot of one acre. With 3,116 square feet of living space, this property boasts four spacious bedrooms and three full bathrooms, catering to all your needs for comfort and style. The well-appointed kitchen features a gas cooktop, double oven, tile countertops, dishwasher, and more, perfect for culinary enthusiasts. Enjoy meals in the breakfast nook or the dining bar for casual dining options. The home's amenities include open beam ceilings, skylights, and a wet bar, enhancing its luxurious feel. The separate family room provides ample space for relaxation and entertainment. Flooring varies from carpet to tile and vinyl/linoleum, accommodating various preferences across the home. Cozy up by the fireplace or stay cool with central AC and ceiling fans. The home is being sold in as-is condition; it has experienced water-related problems from the exterior into the bottom floor during winter after heavy rains. Highest and best use is probably the lot value and to build a new home.

Condition Rating
Tear down
The property was built in 1970, making it over 50 years old. The listing explicitly states that the home has experienced 'water-related problems from the exterior into the bottom floor during winter after heavy rains' and that 'highest and best use is probably the lot value and to build a new home.' This indicates significant structural or integrity issues and that the value is primarily in the land, aligning perfectly with the 'Tear-down' criteria. The kitchen's 'tile countertops' and the presence of 'vinyl/linoleum' flooring also suggest an outdated interior that has not undergone major modern renovations, further supporting the assessment that the existing structure is a liability rather than an asset.
Pros & Cons

Pros

Prime Los Altos Hills Location: Situated in the highly desirable and affluent Los Altos Hills, offering a prestigious address and strong potential for property value appreciation.
Expansive One-Acre Lot: The generous one-acre lot provides significant privacy, ample outdoor space, and substantial potential for landscaping or future development.
Spacious Living Area: With 3,116 square feet, 4 bedrooms, and 3 bathrooms, the home offers ample space for comfortable family living and entertaining.
Architectural & Comfort Amenities: Features such as open beam ceilings, skylights, a wet bar, a separate family room, and central AC enhance the home's character and livability.
Functional Kitchen: The well-appointed kitchen includes a gas cooktop, double oven, tile countertops, and a breakfast nook, catering to culinary needs.

Cons

Documented Water Intrusion Issues: The property has experienced significant water-related problems from the exterior into the bottom floor during heavy rains, indicating a potentially costly structural or drainage defect.
As-Is Sale & Redevelopment Potential: Being sold in 'as-is' condition, with the listing explicitly stating its highest and best use is 'probably the lot value and to build a new home,' suggests the existing structure may require extensive renovation or a complete rebuild.
Substantial Renovation/Rebuild Investment: Due to the documented water damage and the 'as-is' nature, buyers should anticipate a significant financial outlay for necessary repairs, remediation, or a complete new construction project.

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