30 Pine Ridge Way, Portola Valley, California 94028, Portola Valley, 94028 - 4 bed, 3 bath

30 Pine Ridge Way, Portola Valley, California 94028 home-pic-0
ACTIVE$3,600,000
30 Pine Ridge Way, Portola Valley, California 94028
4Beds
3Baths
2,380Sqft
94,731Lot
Year Built
1965
Close
-
List price
$3.6M
Original List price
$4M
Price/Sqft
$1,513
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012992
Home ConditionTear down
Features
Excellent View: Valley
Deck
Pool
ViewValley

About this home

We found 3 Cons,6 Pros. Rank: price - $3.60M(36th), sqft - 2380(36th), beds - 4(50th), baths - 3(50th).

Ideally located in the heart of Silicon Valleys most exclusive corridor, this Portola Valley estate offers effortless access to Highway 280, Stanford University, Stanford Hospital, Sand Hill Road venture capital firms, and leading technology campuses including Meta, Google, Apple, NVIDIA, and Tesla. Perched on an elevated approx 2 acre private hillside lot, the property showcases dramatic 180-degree panoramic Bay views across the Peninsula skyline and western mountain ranges, a rare vantage point that must be experienced in person. This is a premier opportunity to build a custom modern estate or reimagine the existing residence into a luxury Silicon Valley retreat. Nearly every window frames sweeping natural vistas and seamless indoor outdoor living.Experience executive-level living with privacy, scale, and proximity, minutes to Palo Alto, Menlo Park, Los Altos, top-rated schools, elite dining, and major innovation hubs, while enjoying the tranquility of one of the Peninsulas most prestigious residential enclaves.A rare opportunity to secure a legacy view property in Silicon Valley, ideal for those seeking privacy, convenience, and world-class panoramic views.

Price History

Date
Event
Price
10/31/25
Price Change
$3,600,000-7.7%
10/11/25
Price Change
$3,900,000-2.5%
08/01/25
Listing
$4,000,000
Condition Rating
Tear down

Built in 1965, this property is 59 years old with no apparent major renovations in decades. The listing description explicitly states the existing residence 'likely requires extensive modernization, renovation, or a complete rebuild to meet contemporary luxury standards and maximize the property's value.' Images confirm dated interiors with old carpets, wood paneling, and a retro wood-burning stove. The absence of kitchen/bathroom photos, combined with the overall dated aesthetic, strongly suggests these areas are also in need of complete renovation. The property's value is clearly positioned on the land, views, and redevelopment potential, aligning with the 'tear-down' criteria where the structure is beyond repair for its market value and the value is based on the land.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 94731, living area = 2380.
Panoramic Views: The property offers dramatic 180-degree panoramic Bay views across the Peninsula skyline and western mountain ranges, a rare and highly desirable feature.
Prime Silicon Valley Location: Ideally located in the heart of Silicon Valley's most exclusive corridor, offering executive-level living in a prestigious residential enclave.
Exceptional Accessibility: Provides effortless access to Highway 280, Stanford University, Stanford Hospital, Sand Hill Road, and leading technology campuses including Meta, Google, Apple, NVIDIA, and Tesla.
Expansive & Private Lot: Perched on an elevated approximately 2-acre private hillside lot, offering significant scale, privacy, and a commanding position.
High Development Potential: Presents a premier opportunity to build a custom modern estate or reimagine the existing residence into a luxury Silicon Valley retreat.

Cons

Dated Existing Structure: Built in 1965, the current residence likely requires extensive modernization, renovation, or a complete rebuild to meet contemporary luxury standards and maximize the property's value.
Recent Price Reductions: The listing history shows multiple price reductions from $4M to $3.6M, which may indicate initial overvaluation or market resistance.
Modest Current Home Size: The 2,380 sqft home is relatively modest for a 2-acre lot in this luxury market, suggesting the primary value is in the land and views, necessitating further investment for a larger estate.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state