310 Old Spanish Trail, Portola Valley, California 94028, Portola Valley, 94028 - 3 bed, 3 bath
ACTIVE$3,765,000
310 Old Spanish Trail, Portola Valley, California 94028
3Beds
3Baths
3,200Sqft
46,475Lot
Year Built
2006
Close
-
List price
$3.77M
Original List price
$3.99M
Price/Sqft
$1,177
HOA
-
Days on market
-
Sold On
-
MLS number
ML81992906
Home ConditionGood
Features
Good View: Canyon, Hills, Vineyard
Deck
ViewCanyon, Hills, Vineyard
About this home
We found 3 Cons,6 Pros. Rank: price - $3.77M(36th), sqft - 3200(60th), beds - 3(44th), baths - 3(50th).
This Custom House was built in 2005/06 and was originally designed as a 5br/4.5ba/FR/DR/LR/ and with the option to have an attached (with separate entrance) in-law unit (ADU) and an oversized 3 Car Garage of approximately 4,500sqft. on over one acre. Seller has also furnished another preliminary plan sited for a separate ADU at the lower portion of the lot that would need an additional approval from the appropriate authorities. Seller at "buyers option" will complete any of the unfinished areas '"upon mutual agreement" as to the finishes best suited for them. Pictures of the the unfinished Rooms have been "Virtually Staged"
Price History
Date
Event
Price
12/08/25
Price Change
$3,765,000-3.2%
10/15/25
Price Change
$3,888,888-2.5%
07/24/25
Listing
$3,990,000
Condition Rating
Good
Built in 2006, this custom home features well-maintained finished areas, including a kitchen with professional-grade stainless steel appliances, granite countertops, and hardwood floors, and bathrooms with granite vanities and glass-enclosed showers. While the styling reflects its mid-2000s construction, all visible components are functional and in good condition, requiring no immediate renovation for the existing 3200 sqft. The presence of significant unfinished areas, though offering customization potential and a seller's offer to complete, prevents an 'Excellent' rating, but the quality and upkeep of the completed portions align with a 'Good' condition.
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 = 46475, living area = 3200.
Desirable Location: Located in Portola Valley, a highly sought-after and affluent community known for its natural beauty and exclusivity.
Generous Lot Size & Scenic Views: Situated on over one acre of land, the property boasts picturesque canyon, hills, and vineyard views, enhancing its appeal and privacy.
Modern Custom Construction: Built in 2005/06, this custom-designed home offers contemporary architecture and the inherent quality of newer construction.
Significant ADU Potential: The property includes an option for an attached Accessory Dwelling Unit (ADU) with a separate entrance and preliminary plans for a second, detached ADU, offering substantial flexibility for income or multi-generational living.
Buyer Customization Opportunity: The seller's willingness to complete unfinished areas to the buyer's specifications allows for personalized finishes and a tailored home, reducing immediate renovation burdens.
Cons
Incomplete Construction & Sqft Discrepancy: The property has unfinished areas, requiring additional investment and effort from the buyer. The discrepancy between the current 3,200 sqft and the designed 4,500 sqft suggests significant work remains to reach its full potential.
History of Price Reductions: Multiple price adjustments from the original list price indicate the property may have been initially overpriced or is facing challenges in attracting buyers at its current valuation.
Reliance on Virtual Staging: The use of virtual staging for unfinished rooms, while a marketing tool, may not fully convey the current state of the property and could potentially set unrealistic expectations for prospective buyers.