27994 Via Ventana Way, Los Altos, California 94022, Los Altos, 94022 - 4 bed, 4 bath
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Los Altos, California 94022
Analysis of 27994 Via Ventana Way, Los Altos, California 94022 is currently available with a list price of $5,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Altos 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 moderate renovation needed.
Built in 1997, this 27-year-old property falls into the 'Fair' category as it is over 20 years old without evidence of a recent major renovation. While the home is grand and well-maintained with high-end features like an elevator and solar, the interior aesthetics—including pink wall tones, brass fixtures, and heavy traditional millwork—are dated. The listing's suggestion to 'bring your ideas' and the significant $2M price reduction further indicate that the kitchen and bathrooms likely require modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 97574, living area = 5412.
The property is located within the prestigious Palo Alto Unified School District, a primary driver for property value and a significant draw for families seeking top-tier education.
Situated on over two acres in Los Altos Hills, the estate offers rare privacy, hill views, and extensive outdoor amenities including a greenhouse and a security-gated entrance.
The invitation to 'bring your ideas' and the 1997 build date suggest that the interior finishes may be dated and require additional capital investment to meet modern luxury standards.
The history of multiple significant price drops and extended time on the market may create a perception of a 'stale' listing among discerning luxury buyers.
Stunning Home in Los Altos Hills, offering a perfect balance of comfort and luxury. This spacious 5,412 SF home on two plus acres features 4 bedrooms and 3.5 bathrooms, bouns/game room for the opportunity of a fifth bedroom for extended family, teens, or a room for an au pair making it ideal for a growing family. Located in Los Altos hills and the prestigious Palo Alto Unified School District. The chefs kitchen blends seamlessly with the family room to create an inviting great room for gatherings. Residents can enjoy meals in the formal dining room, which features an adjacent butlers pantry, or in the secondary dining area within the great room. The home boasts a blend of elegant hardwood and comfortable carpet flooring, as well as an elevator for convenient access. Additional amenities include three cozy fireplaces, high ceilings, seven sun tunnels, two skylights, and a comprehensive audio system. The master suite features a large walk-in closet. The home is equipped with a built-in vacuum system and a security gate for added peace of mind. Outside, includes a two-car attached garage, a one-car detached garage, a greenhouse, and storage sheds. With AC and heating including forced air and solar. Bring your ideas and make this your own! Reduced $2,000,000 total from start!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 59% |
| Square foot | 5,412 | 2,635 | 97% |
| Lot Size | 97,574 | 19,740 | 97% |
| Price | $5.50M | $5.25M | 55% |
| Price per sq ft | $1.0K | $1.8K | 7% |
| Built year | 1997 | 1961 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 92 | 38% |
Apr 21, 2026
$5,500,000
$6,499,950
-15% Price Drop
Initial Listing
Mar 23, 2026
$6,499,950
$6,999,999
-7% Price Drop
Initial Listing
Feb 28, 2026
$6,999,999
$7,500,000
-7% Price Drop
Initial Listing
Jan 31, 2026
$7,500,000
Initial Listing