699 Manresa Lane, Los Altos, California 94022, Los Altos, 94022 - 3 bed, 3 bath

699 Manresa Lane, Los Altos, California 94022 home-pic-0
ACTIVE$3,495,000
699 Manresa Lane, Los Altos, California 94022
3Beds
3Baths
3,408Sqft
Lot
Year Built
1988
Close
-
List price
$3.5M
Original List price
$4.2M
Price/Sqft
$1,026
HOA
$1,300
Days on market
-
Sold On
-
MLS number
ML82009522
Home ConditionGood
Features
Good View:
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $3.50M(77th), sqft - 3408(85th), beds - 3(85th), baths - 3(77th).

Offering the convenience of townhome living, and with just one shared wall, this home is a rare find in a coveted community of just 18 homes. Adjacent to one of two community gates, and overlooking lush foliage and green belts, the location is superb. Freshly painted interiors and beautiful hardwood floors span the two levels, which includes six signature pyramid-style vaulted ceilings, three with large skylights at the apex. Adding to the natural light are sliding glass doors in almost every room opening to inviting private decks and patios on both levels. There are 3 bedrooms and 3 full baths, including a main-level bedroom with a Murphy bed and custom office built-ins - perfect for today's work-from-home needs. Completing the appeal is a finished bonus room, an attached 2-car garage, community pool, and a park-like setting of 8 acres that is just blocks to the Los Altos Village.

Price History

Date
Event
Price
09/11/25
Price Change
$3,495,000-12.5%
08/11/25
Price Change
$3,995,000
06/03/25
Listing
$4,195,000
Condition Rating
Good

Built in 1988, this property has undergone significant updates, particularly in the kitchen and master bathroom. The kitchen features modern stainless steel appliances (including a high-end Wolf range), white shaker cabinets, granite countertops, and a contemporary subway tile backsplash, suggesting a renovation within the last 10-15 years. The master bathroom is exceptionally well-appointed with luxurious marble-look tile, a freestanding tub, a spacious glass-enclosed shower, and updated vanities, appearing to be a very recent and high-quality renovation. Hardwood floors are present throughout, and the interiors are freshly painted. While some elements like the wet bar and certain closet doors show the property's original era, the major systems and key areas are well-maintained and updated, making it move-in ready with no immediate renovation required.
Pros & Cons

Pros

Exceptional Location & Community: Situated in a coveted Los Altos community, just blocks from Los Altos Village, offering superb walkability and a rare, exclusive setting within a small community of 18 homes.
Architectural Elegance & Natural Light: Features unique pyramid-style vaulted ceilings, three with large skylights, and numerous sliding glass doors opening to private decks/patios, ensuring abundant natural light throughout.
Versatile & Updated Living Spaces: Boasts freshly painted interiors, beautiful hardwood floors, a main-level bedroom with a Murphy bed and custom office built-ins, and a finished bonus room, catering to modern needs.
Enhanced Privacy & Townhome Benefits: Offers the convenience of townhome living with only one shared wall, providing more privacy than typical condominiums, set amidst lush foliage and green belts.
Desirable Community Amenities: Residents benefit from an attached 2-car garage, a community pool, and access to an expansive 8-acre park-like setting, enhancing lifestyle and convenience.

Cons

Significant Price Reductions: The property has undergone substantial price drops from its original listing of $4.195M to $3.495M, potentially indicating market resistance or initial overpricing.
High Monthly Association Fee: A monthly association fee of $1300 is a considerable ongoing expense that could impact affordability and long-term ownership costs for potential buyers.
Condominium Ownership Limitations: Despite its privacy, the property is a condominium, which may entail HOA rules, regulations, and potential limitations on exterior modifications, which could deter buyers seeking full autonomy.

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