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389 First Street 31, Los Altos, California 94022, Los Altos, 94022 - 2 bed, 3 bath

389 First Street 31, Los Altos, California 94022 home-pic-0
ACTIVE$2,788,000$1,303/sqft
389 First Street 31, Los Altos, California 94022
2Beds
3Baths
1,303Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Desirable Schools: Situated in downtown Los Altos, offering exceptional walkability to amenities like Draegers, Los Altos Grill, Safeway, Main Street, and State Street, coupled with access to highly-rated Los Altos Schools.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-06-12. The sold price is $1,500,000.00.

Compared to the nearby listings

Price:$2.79M vs avg $2.79M ($-7,000)45%
Size:1,303 sqft vs avg 1,840 sqft27%
Price/sqft:$2.1K vs avg $1.6K91%

More Insights

Built in 2024 (2 years old).
Condition: This property was built in 2024, making it brand new. The description highlights luxury features such as a Wolf cooktop, Sub-zero appliances, rift sawn real white oak cabinetry and flooring, Caesarstone quartz countertops, heated primary bath flooring, and a bidet toilet. The images confirm a pristine, modern, and high-quality finish throughout the kitchen, bathrooms, and living areas, with all components being new and meeting current luxury standards.
Year Built
2024
Close
-
List price
$2.79M
Original List price
$2.79M
Price/Sqft
$2,140
HOA
$762
Days on market
-
Sold On
-
MLS number
ML82031218
Home ConditionExcellent
Features
Good View: Bay, City Lights, Hills, Mountain(s)
Deck
Patio
ViewBay,City Lights,Hills,Mountain(s)

About this home

Penthouse level in a new luxury condominiums in downtown Los Altos*only 10 residential units*fitness center*roof top deck with full kitchen, seating, fire-table, and barbecue with views*two interior courtyard gardens*2-hour fire rated for added safety*extra layers of drywall for sound*gas fireplaces*heated flooring in primary bath*curb-less shower w/linear drains and bench seat*La Cantina bifold doors to pedestal balcony*bidet toilet in primary bath*gas Wolf cooktop*Sub-zero appliances*slow-close rift sawn real white oak cabinetry*real white oak 7.5 inch plank flooring*Caesarstone quartz counter top and backsplash*backlit and defogging mirrors*solid core doors*level 4-5 finish on walls*9-14 foot unit ceiling height* washer & dryer included*tankless water heater*nest thermostats*private storage locker at grade*shared bike storage room*one parking space per bedroom*extra wide and tall hallways*custom solid oak-stained stairway in shared areas*elevator finished with gold metal, an end-cut, butcher block & white oak flooring*custom Los Altos art throughout the building to help feel at home*everything you would expect in a luxury development* conveniently located in downtown Los Altos and an easy walk to Draegers/Los Altos Grill/Safeway/Main Street/State Street,&more*Los Altos Schools

S
Sophia Johnson
Listing Agent

Price History

Date
Event
Price
06/12/25
Sold
$1,500,000
Condition Rating
Excellent
This property was built in 2024, making it brand new. The description highlights luxury features such as a Wolf cooktop, Sub-zero appliances, rift sawn real white oak cabinetry and flooring, Caesarstone quartz countertops, heated primary bath flooring, and a bidet toilet. The images confirm a pristine, modern, and high-quality finish throughout the kitchen, bathrooms, and living areas, with all components being new and meeting current luxury standards.
Pros & Cons

Pros

Prime Location & Desirable Schools: Situated in downtown Los Altos, offering exceptional walkability to amenities like Draegers, Los Altos Grill, Safeway, Main Street, and State Street, coupled with access to highly-rated Los Altos Schools.
Brand New Luxury Penthouse & Exclusivity: A newly constructed (2024) penthouse-level unit within an exclusive development of only 10 luxury condominiums, ensuring modern design, privacy, and a premium living experience.
Premium Finishes & Appliances: Boasts high-end features including Wolf cooktop, Sub-zero appliances, rift sawn real white oak cabinetry and flooring, Caesarstone quartz countertops, heated primary bath flooring, bidet toilet, and high ceilings (9-14 feet).
Extensive High-End Amenities: Residents benefit from a fitness center, a luxurious rooftop deck with a full kitchen, seating, fire-table, and barbecue with views, two interior courtyard gardens, and private storage lockers.
Superior Construction & Soundproofing: Built with exceptional quality, featuring a 2-hour fire rating for safety, extra layers of drywall for superior sound insulation, solid core doors, and level 4-5 finish on walls.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-06-12. The sold price is $1,500,000.00.
High Association Fee: The monthly association fee of $762.0 is substantial and adds a significant recurring cost to ownership.
Limited Private Outdoor Space: The description mentions a 'pedestal balcony,' which suggests a smaller, less expansive private outdoor area compared to what some luxury buyers might expect from a penthouse unit.
Potentially Limited Parking: While providing 'one parking space per bedroom' (two spaces for this unit), some luxury buyers may desire additional dedicated parking or more extensive guest parking options, especially in a downtown location.
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