550 Gabilan Street, Los Altos, California 94022, Los Altos, 94022 - 3 bed, 3 bath
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Los Altos, California 94022
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $2,500,000—positioned well below the $2,721,062 Fair Market Value by 8%. This valuation gap provides $221,062 in Instant Equity. Boasting a Mint Condition Rating, the home features a chef's kitchen with Wolf appliances, 10-foot ceilings, and a shaded backyard patio. Its prime location offers unmatched walkability to Downtown Los Altos dining and boutiques. This property is an exceptional find for discerning professionals or owner-occupants seeking a luxury lifestyle with built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 550 Gabilan Street Subject | $2,500,000* List Price | 3 | 3 | 1,584 | $1,718 | - |
A 71 Bay Tree Lane Sold | $3,250,000 | 2 | 2 | 1,840 | $1,766 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1997, the property has undergone significant high-end renovations. It features a chef's kitchen with premium Wolf appliances and stone countertops, fully remodeled bathrooms with modern fixtures, and fresh designer paint throughout. The home is in mint, turnkey condition with no immediate maintenance required.
Situated just steps from the heart of Downtown Los Altos, this property offers exceptional walkability to world-class dining, boutiques, and local parks.
The home features premium Wolf appliances, 10-foot ceilings, and a primary suite with vaulted ceilings, providing a luxurious and turnkey living experience.
Built in 1997, the residence offers contemporary architectural elements and structural integrity often missing in older Los Altos inventory.
With a lot size of only 2,366 sq. ft., the outdoor space is relatively small, which may not appeal to buyers seeking a traditional expansive backyard.
Being a detached home on a condo map involves CC&Rs and a monthly association fee, which can be a deterrent for those seeking traditional fee-simple ownership.
Discover this stunning 3-bedroom, 2.5-bath residence perfectly positioned just steps from the heart of Downtown Los Altos. Spanning over 1,580 sq. ft. of refined living space, this home welcomes you with soaring 10-foot ceilings, abundant natural light, and a cozy fireplace. The chefs kitchen is a standout, featuring premium Wolf appliances and seamless access to a beautifully shaded backyard with an ideal setting for entertaining. Retreat upstairs to find three spacious bedrooms, including a primary suite with dramatic vaulted ceilings and a generous walk-in closet. With fresh designer paint and upgrades throughout, this home offers a turnkey lifestyle within walking distance of world-class dining, boutiques, and parks. Enjoy effortless commuting via Hwy 280 and Foothill Expressway. Experience the best of Los Altos living. The property is a single-family detached home on a condo map which includes ownership of the lot, per the CC&Rs (buyer to verify).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 31% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,584 | 2,635 | 14% |
| Lot Size | 2,366 | 18,750 | 3% |
| Price | $2.50M | $5.00M | 7% |
| Price per sq ft | $1.6K | $1.8K | 31% |
| Built year | 1997 | 1961 | 83% |
| HOA | $144.0 | $0 | 93% |
| Days on market | 21 | 92 | 7% |
Apr 18, 2026
$2,500,000
$2,325,000
+8% Price Increase
Initial Listing
Apr 1, 2026
$2,325,000
Initial Listing