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Sold for $3,025,000
  • $3,025,000

    111 Carmel Way, Portola Valley, CA 94028

    4beds
    2,580sqft
    Single Family Residence, Residential
    Built in 1930
    0.34 Acres Lot
    $3,069,400 Zestimate®
    $1,172/sqft
    $6,695 Estimated rent

    Home value

    $3,069,400

    $2.76M - $3.41M

    $6,695/mo

    Zestimate® history
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    What's special

    A rare gem in the heart of Portola Valley! Nestled on a serene 1/3-acre lot, this beautifully maintained property offers two charming homesperfect for multi-generational living, guests, or rental income. The main residence boasts 3 beds, 2 baths, a formal living and dining area, an inviting family room, and a luxurious primary suite. High ceilings, abundant natural light, and thoughtful updates enhance the warm, welcoming ambiance. The detached 1-bed, 1-bath guest cottage (approx. 600 sq. ft.) has a private entrance, ideal for extended stays or potential rental income. Outside, enjoy the asphalted sports court, lush landscaping, and ample parking, including a spacious oversized garage. Connected to the sewer, this home is move-in ready with top-rated Portola Valley schools nearby. Access to hiking trails. Located minutes from Alpine Rd., this peaceful retreat offers both tranquility and convenience. Don't miss this exceptional opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Rubin 01995038 650-575-5981,

    Compass 650-462-1111

    Bought with:

    Kimm Terpening, 01522106

    Compass

    Jennifer Alfaro, 01721877

    Compass

    Source: MLSListings Inc,MLS#: ML81995172MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Laundry, Office
    Bathroom
    • Features: Granite, ShowerandTub, StallShower, Tile, UpdatedBaths
    Dining room
    • Features: BreakfastBar, DiningAreainLivingRoom
    Family room
    • Features: SeparateFamilyRoom
    Kitchen
    • Features: Countertop_Other, ExhaustFan
    Heating
    • Central Forced Air
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Exhaust Fan, Disposal, Built In Oven, Self Cleaning Oven, Refrigerator, Washer/Dryer
    Features
    • Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Hardwood, Tile
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room, Wood Burning
    Interior area
    • Total structure area: 2,580
    • Total interior livable area: 2,580 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Exterior features: Back Yard, Fenced
    Lot
    • Size: 0.34 Acres
    Details
    • Additional structures: Garage
    • Parcel number: 080085060
    • Zoning: R10008
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Portola Valley

    Financial & listing details

    • Price per square foot: $1,172/sqft
    • Tax assessed value: $2,080,800
    • Annual tax amount: $29,128
    • Date on market: 2/24/2025
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    4/4/2025Sold$3,025,000+4.5%$1,172/sqft
    Source: MLSListings Inc #ML81995172 Report a problem
    3/20/2025Pending sale$2,895,000+44.8%$1,122/sqft
    Source: MLSListings Inc #ML81995172 Report a problem
    11/24/2024Listing removed$3,990$2/sqft
    Source: Zillow Rentals Report a problem
    10/27/2024Price change$3,990-11.1%$2/sqft
    Source: Zillow Rentals Report a problem
    10/3/2024Price change$4,490-8.4%$2/sqft
    Source: Zillow Rentals Report a problem
    8/26/2024Listed for rent$4,900+104.2%$2/sqft
    Source: Zillow Rentals Report a problem
    4/10/2023Sold$2,000,000$775/sqft
    Source: eXp Realty #116028652 Report a problem
    2/21/2023Price change$2,000,000-13%$775/sqft
    Source: MLSListings Inc #ML81917646 Report a problem
    2/1/2023Listed for sale$2,300,000+31.4%$891/sqft
    Source: MLSListings Inc #ML81917646 Report a problem
    12/16/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    12/6/2021Listed for rent$2,400$1/sqft
    Source: Zillow Rental Manager Report a problem
    12/30/2015Sold$1,750,000-5.4%$678/sqft
    Source: Public Record Report a problem
    10/23/2015Price change$1,850,000-15.9%$717/sqft
    Source: Coldwell Banker Residential Brokerage - Woodside #81519984 Report a problem
    6/16/2015Listed for sale$2,200,000$853/sqft
    Source: Miller Real Estate #ML81470304 Report a problem
    3/1/2015Listing removed$2,200,000$853/sqft
    Source: Miller Real Estate #81436652 Report a problem
    10/11/2014Listed for sale$2,200,000$853/sqft
    Source: Miller Real Estate #81436652 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,128 +1.4%$2,080,800 +2%
    2024$28,728 +1.9%$2,040,000 +2.5%
    2023$28,193 +2.2%$1,991,198 +2%
    2022$27,595 +0.3%$1,952,155 +2%
    2021$27,505 -0.5%$1,913,878 +1%
    2020$27,632 +1.9%$1,894,254 +2%
    2019$27,121 +4.2%$1,857,113 +2%
    2018$26,024 +2.2%$1,820,700 +2%
    2017$25,459 -0.1%$1,785,000 +2%
    2016$25,483 +203.4%$1,750,000 +561.6%
    2015$8,401 -1.8%$264,504 +2%
    2014$8,558 $259,323 +0.5%
    2013-- $258,152 +2%
    2012-- $253,091 +91.6%
    2011-- $132,091 +2.8%
    2010-- $128,535 -0.2%
    2009-- $128,841 +2%
    2008-- $126,315 +2%
    2007-- $123,839 +2%
    2006-- $121,411
    2005-- $121,411 +4%
    2004-- $116,698 +1.9%
    2003-- $114,560 +2%
    2002-- $112,314 +2%
    2001-- $110,113 +2%
    2000-- $107,955
    Find assessor info on the county website

    Neighborhood: 94028

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: OrmondaleElementary
    • Middle: CorteMaderaElementary
    • High: WoodsideHigh
    • District: PortolaValleyElementary

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,069,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,069,400