
Portola Valley, California 94028
This Custom Single Family Residence is a High-Potential Investment Opportunity, listed at $3,888,000—positioned well above the $3,600,242 Fair Market Value by 7%. While priced at a premium, the property features an Excellent Condition Rating and a massive 46,470 sq ft lot with Panoramic Canyon and Vineyard Views. The inclusion of a 450 sq ft unfinished bonus room offers significant expansion potential. This home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, modern sanctuary in Portola Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 310 Old Spanish Trail Subject | $3,888,000* List Price | 4 | 3 | 3,200 | $1,125 | - |
A 76 Vista Verde Way Sold | $4,000,000 | 5 | 5 | 3,694 | $1,083 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 18-year-old property falls within the 10-20 year 'Good' range. The home is exceptionally well-maintained by the original owner, featuring a high-end gourmet kitchen with professional-grade appliances and pristine bathrooms. While the cabinetry and finishes reflect the mid-2000s construction era, the condition is move-in ready with no visible maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46470, living area = 3200.
Built in 2006 and meticulously maintained by the original owner, this home offers contemporary finishes, soaring ceilings, and a 'like-new' feel that is rare for the Portola Valley market.
The inclusion of a 450-square-foot unfinished bonus room provides a unique opportunity for the buyer to add immediate value and customized living space without changing the home's footprint.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The 450-square-foot bonus area is currently unfinished, meaning the buyer must commit additional time and capital to realize the home's full potential square footage.
The listing identifies the high school district as 'Other,' which may require additional due diligence for families specifically seeking the highly-rated local Portola Valley school systems.
Welcome to 310 Old Spanish Trail in Portola Valley, a beautifully maintained custom home built in 2006 and lovingly cared for by its original owner. With gleaming floors, soaring ceilings, and expansive windows framing the natural landscape, the home feels remarkably fresh and almost brand new. Set in one of the Bay Area's most desirable communities, this property offers a rare combination of privacy, tranquility, and value. The scenic drive through Portola Valley's rolling hills leads to a setting that feels secluded, yet is minutes from restaurants, shops, and conveniences. Designed for modern living, every room is generously sized with high ceilings and abundant natural light. Expansive decks stretch across the rear of the home, creating seamless indoor/outdoor living with peaceful tree views. The decks connect directly to a high-end gourmet kitchen, making the home ideal for entertaining. The living, family, and dining rooms are stunning, featuring dramatic windows, beautiful finishes, and an exceptional open layout. In addition to four bedrooms, including a spacious primary suite, the home offers a dedicated office and a huge unfinished bonus room not included in the stated square footage (450 sq ft), providing excellent potential for expansion, recreation, or storage.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.5 | 50% |
| Square foot | 3,200 | 3,180 | 50% |
| Lot Size | 46,470 | 32,295 | 63% |
| Price | $3.89M | $3.94M | 50% |
| Price per sq ft | $1.2K | $1.2K | 50% |
| Built year | 2006 | 1960 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 145 | 6% |
Jun 2, 2026
$3,888,000
Initial Listing
Dec 30, 2004
$720,000
Public Record