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12 Arastradero Rd, Portola Valley, CA, 94028
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Land sold for $17,250,000 in 226 days

12 Arastradero Rd Portola Valley, CA, 94028

Off the market 13.84 acres

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NEW PRICE!!! The existing home on the property was recently demolished to showcase the potential of this magnificent parcel and pave the way for a buyer to build their dream home. Existing utilities onsite already including: water, gas, and electricity. Perc testing has been completed for a new septic system. This is truly a once-in-a-lifetime opportunity. Located at the end of a private road, this magnificent estate lot has spectacular views of Arastradero Preserve open space, San Francisco Bay and the western hills. Located in unincorporated Santa Clara County and part of Palo Alto Unified School District.
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Property details

602,870 sqft interior area
Land area
602,870 sqft (13.84 acres)
Price per sqft
$28/sqft
Address
12 Arastradero Rd, Portola Valley, CA, 94028
City of California
Portola Valley
County
Santa Clara
District
Palo Alto Hills
Zoning
HS

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Listed by

Hugh Cornish, Coldwell Banker Realty
Name
Hugh Cornish
License number
00912143
Brokerage company
Coldwell Banker Realty
MLS #
ML81908477

Buyer agent

Name
Hugh Cornish
Brokerage company
Coldwell Banker Realty

Payment calculator

Calculate your monthly payments
Mortgage
$52,962
Taxes
$0
HOA dues
$0
$52,962 per month
Mortgage
$3,450,000 / 20%
2.28%
30 years
Your amount $52,962 / month

Lot details

TMK #18201022
Lot Description
Horses Possible, Rolling Slope
Parcel #
18201022

94028 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 94028

42%
Families with children
National average: 39%
26%
Non family households
166,749
Population
$244,358
Average Income

Age & gender

Median age 47 years
More info

Commute types

71% commute by car
More info

Education level

45% have professional education
More info

Number of employees

2% work in management
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Vehicles available

39% have 2 vehicle
More info

Vehicles by gender

39% have 2 vehicle
More info

Housing market insights for

$4.77m
Neighborhood average
sales price*
$4.1m
Neighborhood median
sales price*
51
Number
of sales*

Housing type

76% are single detacheds
More info

Rooms

39% of the houses have 8 or more rooms
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Bedrooms

45% have 4 or more bedrooms
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Owners vs Renters

76% are owners
More info
7.17 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Location Details, Documents & Disclosures

Directions to property
Take Arastradero to John Marthe

Price history

Sold May 9, 2023
Date Event Price $/sqft Source
May 9, 2023 Sold $17,250,000 28.61 Public Record
May 9, 2023 Price Decrease $17,250,000 -1.4% 28.61 MLS #ML81908477
May 9, 2023 Pending $17,495,000 29.02 MLS #ML81908477
Apr 27, 2023 Under contract $17,495,000 29.02 MLS #ML81908477
Jan 26, 2023 Price Decrease $17,495,000 -10.28% 29.02 MLS #ML81908477
Sep 26, 2022 New Listing $19,500,000 32.35 MLS #ML81908477

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Frequently Asked Questions about 12 Arastradero Rd

What is 12 Arastradero Rd?

12 Arastradero Rd is a lot of 13.84 acres (about is 602,870 sqft).

What is the full address of this Land?

12 Arastradero Rd, Portola Valley, CA, 94028.

Tell me about the point of interest nearby

The closest grocery stores are Roberts Market, 1.16 miles away and Bianchini's, 1.51 miles away.

Based on information from the bridgeMLS as of 05-01-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 10, 2023
Verhouse Last checked 3 minutes ago


The closest grocery stores are Roberts Market, 1.16 miles away and Bianchini's, 1.51 miles away.
The 94028 zip area has a population of 166,749, and 42% of the families have children. The median age is 47.78 years and 71% commute by car. The most popular housing type is "single detached" and 76% is owner.
Land Sold $17.25m 12 Arastradero Rd, Portola Valley, CA, 94028 13.84 acres Save House Remove from Saved