Rare opportunity in one of North Los Altos most desirable settings defines a prime opportunity w/ a long-term upside. Sitting on a huge 15,617 sq ft lot, the home enjoys a peaceful creekside backdrop directly along the Palo Alto border placing it at the intersection of two of SVs most sought-after markets. Private and tucked away, yet moments from core amenities of both Los Altos & Palo Alto. The home offers flexibility for immediate use, renovation, or a complete re-imagination. Looking to maximize the sites potential, Los Altos specs support a compelling vision: ~4,311 sqft primary residence/1,200 sq ft attached ADU/1,200 sq ft detached ADU + jr ADU potential. Together, this configuration creates a rare opportunity for a true compound ideal for multi-gen living, guest quarters, or long-term flexibility in design and use. Firmly within a proven high-value corridor surrounded by established estates and newer luxury $6-$9M homes the creekside setting further enhances privacy and ambiance, offering a natural buffer that is increasingly difficult to find. Combination of top-rated Los Altos schools & convenient commutes to tech giants makes this a winner. Whether approached as a thoughtful renovation or a ground-up development defined by its fundamentals THIS IS THE ONE to get.
Sold for $4,800,318
Street View
$4,800,318
1138 Laureles Dr, Los Altos, CA 94022
3beds
1,861sqft
Single Family Residence, Residential
Built in 1955
0.36 Acres Lot
$4,799,100 Zestimate®
$2,579/sqft
$7,644 Estimated rent
Home value
$4,799,100
$4.46M - $5.18M
$7,644/mo
Zestimate® history
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$7,644/mo
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$7,644/mo
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$30,807/mo
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Zillow last checked:
Listing updated:
Listed by:
Rick Smith 01431920 650-492-9007,
Robert Smith, Broker 650-492-9007,
Farshid Tazesh 02200901 408-479-4679,
Robert Smith, Broker
Bought with:
Sean Chen, 02022634
Gaea Realty
Anna J Wang, 02230800
Gaea Realty
Source: MLSListings Inc,MLS#: ML82049515
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Laundry
Bedroom
- Features: BedroomonGroundFloor2plus
Bathroom
- Features: Marble, ShoweroverTub1, StallShower
Dining room
- Features: BreakfastRoom, FormalDiningRoom
Family room
- Features: SeparateFamilyRoom
Kitchen
- Features: Countertop_Formica, ExhaustFan, Skylights
Heating
- Central Forced Air Gas
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Dishwasher, Exhaust Fan, Disposal, Built In Oven/Range, Electric Oven/Range, Refrigerator, Dryer, Washer
- Laundry: Tub/Sink
Features
- Flooring: Hardwood, Tile
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 1,861
- Total interior livable area: 1,861 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Parking Area
- Attached garage spaces: 2
Features
- Stories: 1
- Pool features: Heated, In Ground, Pool Sweep
- Fencing: Back Yard,Wood
- Has view: Yes
- View description: Garden/Greenbelt
Lot
- Size: 0.36 Acres
Details
- Parcel number: 16710039
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Raised, Slab, Crawl Space
- Roof: Shake
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public, Solar
Community & HOA
Location
- Region: Los Altos
Financial & listing details
- Price per square foot: $2,579/sqft
- Tax assessed value: $3,665,637
- Annual tax amount: $44,754
- Date on market: 6/9/2026
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Listing removed | $8,488$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2026 | Listed for rent | $8,488+21.3%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/16/2026 | Sold | $4,800,318+2.2%$2,579/sqft |
Source:  MLSListings Inc #ML82049515 Report a problem | ||
| 7/9/2026 | Pending sale | $4,698,000+9.5%$2,524/sqft |
Source: MLSListings Inc #ML82049515 Report a problem | ||
| 7/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/7/2023 | Price change | $7,000-6.7%$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/6/2023 | Listed for rent | $7,500$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/5/2023 | Listing removed | -- |
Source:  MLSListings Inc #ML81929852 Report a problem | ||
| 5/28/2023 | Listed for rent | $7,500$4/sqft |
Source: MLSListings Inc #ML81929852 Report a problem | ||
| 9/12/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 9/4/2022 | Price change | $7,500-6.3%$4/sqft |
Source: Zillow Rental Network_1 #ML81905291 Report a problem | ||
| 8/27/2022 | Listed for rent | $8,000+14.3%$4/sqft |
Source: Zillow Rental Network_1 #ML81905291 Report a problem | ||
| 8/26/2022 | Listing removed | -- |
Source: MLSListings Inc #ML81899430 Report a problem | ||
| 8/2/2022 | Price change | $4,290,000-8.3%$2,305/sqft |
Source: MLSListings Inc #ML81899430 Report a problem | ||
| 7/8/2022 | Listed for sale | $4,680,000+53.4%$2,515/sqft |
Source: MLSListings Inc #ML81899430 Report a problem | ||
| 3/10/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/26/2016 | Listing removed | $7,000+12.9%$4/sqft |
Source: Owner Report a problem | ||
| 7/14/2015 | Listing removed | $6,200$3/sqft |
Source: Owner Report a problem | ||
| 7/11/2015 | Listed for rent | $6,200$3/sqft |
Source: Owner Report a problem | ||
| 6/30/2015 | Sold | $3,050,000+22.2%$1,639/sqft |
Source: Public Record Report a problem | ||
| 6/9/2015 | Listed for sale | $2,495,000$1,341/sqft |
Source: Alain Pinel Realtors - Los Altos #81469310 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,754 +3.8% | $3,665,637 +2% |
| 2024 | $43,100 +1.8% | $3,593,762 +2% |
| 2023 | $42,355 +1.3% | $3,523,297 +2% |
| 2022 | $41,796 -0.9% | $3,454,214 +2% |
| 2021 | $42,158 +0% | $3,386,485 +1% |
| 2020 | $42,143 | $3,351,761 +2% |
| 2019 | $42,143 +6.6% | $3,286,041 +2% |
| 2018 | $39,541 | $3,221,610 +2% |
| 2017 | $39,541 +3.9% | $3,158,442 +2% |
| 2016 | $38,050 +386.7% | $3,096,512 +388.6% |
| 2015 | $7,817 +2% | $633,773 +2% |
| 2014 | $7,666 | $621,359 +0.5% |
| 2013 | -- | $618,552 +2% |
| 2012 | -- | $606,425 +2% |
| 2011 | -- | $594,535 +0.8% |
| 2010 | -- | $590,093 -0.2% |
| 2009 | -- | $591,495 +2% |
| 2008 | -- | $579,898 +2% |
| 2007 | -- | $568,529 +2% |
| 2006 | -- | $557,383 +2% |
| 2005 | -- | $546,455 +2% |
| 2004 | -- | $535,741 +1.9% |
| 2003 | -- | $525,923 +2% |
| 2002 | -- | $515,612 +2% |
| 2001 | -- | $505,503 |
Find assessor info on the county website
Neighborhood: Palo Alto Orchards
Nearby homes
- $5,517,9004 bd2 ba2.4k sqft1148 Laureles Dr, Los Altos, CA 94022Off Market
- $4,891,7004 bd3 ba2.3k sqft1130 Laureles Dr, Los Altos, CA 94022Off Market
- $4,675,5003 bd3 ba1.9k sqft629 Glenbrook Dr, Palo Alto, CA 94306Off Market
- $7,430,4006 bd5 ba4.7k sqft631 Glenbrook Dr, Palo Alto, CA 94306Off Market
- $4,597,2003 bd2 ba1.7k sqft1156 Laureles Dr, Los Altos, CA 94022Off Market
- $6,450,4004 bd3 ba3.2k sqft625 Glenbrook Dr, Palo Alto, CA 94306Off Market
- $4,912,1004 bd3 ba2.2k sqft1135 Laureles Dr, Los Altos, CA 94022Off Market
- $5,228,1004 bd3 ba2.4k sqft1126 Laureles Dr, Los Altos, CA 94022Off Market
Nearby schools
GreatSchools rating
- 10/10Santa Rita Elementary SchoolGrades: K-6Distance: 0.7 mi
- 9/10Ardis G. Egan Junior High SchoolGrades: 7-8Distance: 0.7 mi
- 10/10Los Altos High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: SantaRitaElementary_1
- Middle: ArdisGEganIntermediate
- High: LosAltosHigh_1
- District: LosAltosElementary
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
$4,799,100
Get a cash offer in 3 minutes
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Estimated market value
$4,799,100
- California
- Santa Clara County
- Palo Alto
- 94022
- Palo Alto Orchards
- 1138 Laureles Dr
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