315 W Portola Avenue, Los Altos, California 94022, Los Altos, 94022 - 4 bed, 3 bath
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Los Altos, California 94022
This Single Family Residence represents a Strong Value Opportunity, listed at $4,288,000—positioned well below the $4,644,626 Fair Market Value by 7%. This valuation gap offers $356,626 in Instant Equity. Featuring a Condition Rating of 3, the home includes an updated kitchen, refinished hardwood floors, and a sparkling pool. Its massive 12,231 sq. ft. corner lot provides significant expansion potential in a premier Silicon Valley location. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 315 W Portola Avenue Subject | $4,288,000* List Price | 4 | 3 | 1,998 | $2,325 | - |
A 1114 Laureles Drive Sold | $4,500,000 | 3 | 3 | 1,921 | $2,343 | 0.4 mi |
B 439 Valencia Drive Sold | $5,250,000 | 4 | 3 | 2,212 | $2,373 | 0.7 mi |
C 124 Jardin Drive Sold | $4,750,000 | 5 | 3 | 2,201 | $2,158 | 0.8 mi |
D 546 Cecelia Court Pending | $5,498,000 List Price | 3 | 3 | 2,510 | $2,190 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1965, the property features updated kitchen and bathrooms, freshly painted interiors, and newly refinished hardwood floors. It is well-maintained and move-in ready, aligning with the 5-15 year renovation criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12231, living area = 1998.
Situated in the heart of Silicon Valley near downtown Los Altos, the property offers access to top-rated schools and proximity to major tech hubs, ensuring strong long-term value.
The massive 12,231 sq. ft. corner lot provides a rare opportunity for significant expansion or the construction of a custom luxury estate in a highly desirable neighborhood.
With a list price exceeding $4.2M for approximately 2,000 sq. ft. of living space, the valuation is heavily weighted toward land value, which may challenge buyers seeking more existing interior space.
Despite cosmetic updates, the 1965 construction may have underlying limitations in ceiling height or original systems compared to modern contemporary builds.
Perfectly situated in the heart of Silicon Valley and just moments from vibrant downtown Los Altos, this 4-bedroom, 2.5-bathroom home offers move-in-ready comfort with a well-designed floor plan and incredible future potential. Positioned on a massive corner lot of over 12,000 sq. ft., the property presents a rare opportunity to expand or build a stunning custom estate. The home features an updated kitchen and baths, a primary suite with a walk-in closet, a freshly painted interior, and newly refinished hardwood floors. The sprawling grounds feature a three-yard design providing distinct, functional spaces: the beautifully landscaped front yard boasts mature lemon and orange trees, while the resort-inspired backyards offer ultimate versatility. The sparkling pool is secured in a separate yard with great safety considerations, along with a dedicated platform for a potential spa. Located in a top-rated school district close to premier shopping, dining, and major tech hubs, this property is a true gem with endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,998 | 1,980 |
| Lot Size | 12,231 | 10,845 |
| Price | $4.29M | $4.54M |
| Price per sq ft | $2.1K | $1.9K |
| Built year | 1965 | 1963 |
| HOA | $0 | $144 |
| Days on market | 9 | 29 |
Jul 14, 2026
$4,288,000
Initial Listing
Jan 7, 2000
$880,000
Public Record