See Home Value
$4,800,318
● House - Off Market

1138 Laureles Drive

Los Altos, CA 94022
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,861 Ft²
$23,068
Est. Monthly

About This Property

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.
Unit Size
1,861 Ft²
Days on Market
37 days
Land Size
0.36 acres
Price per sqft
$2,524
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (MLSListings Inc. #ML82049515)

Price History

Date / Event Date Event Price
Jul 16, 2026 Sold
Sold
Jun 23, 2026 In contract -
In contract
Jun 9, 2026 Listed by Robert Smith, Broker $4,698,000
Listed by Robert Smith, Broker
Jun 30, 2015 Sold
Sold
Jun 8, 2015 Listed by Compass $2,495,000
Listed by Compass
Located in desirable N. Los Altos, this lovely home is located on more than one-third of an acre bordered by a creek on the edge of Palo Alto. The setting is incredibly private surrounded with colorful trees and large stretches of lawn in the front & back. Inside, custom color walls, tile floors & new carpeting, plus plantation shutters in many rooms add designer appeal. The one-level floor plan has a large family room, plus an entertainer's rear yard with spacious terrace and sparkling, solar-heated pool.

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 14
  • Porch Type: 8
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 15,617
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 970
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHO LAURELES
  • Land Acres: 0000000359
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: TRACT 903 RANCHO LAURELES BOOK 51 PAGE 55 LOT 22

Neighborhood

  • School District Name: Los Altos Elementary School District
  • Census Tract: 510500

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 44-D6
  • Subdivision Tract Number: 903
  • Parcel: 167-10-039
  • Lot: 22
  • Municipality: LOS ALTOS
  • Latitude: 37.4037
  • Longitude: -122.122

    Address

  • Full Address: 1138 Laureles Dr
  • Address - House Number: 1138
  • Address - Street Name: Laureles
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Altos
  • Carrier Code: C001
  • 4-Digit Zip Code: 1012
  • Zip Code: 94022

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,179,616
  • Tax Rate Code Area: 11-026

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 3,058,814
  • High Value: 3,659,501
  • Low Value: 2,458,127

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,523,297
  • Assessed Land Value: $3,465,541
  • Assessed Improvements Value: $57,756

    Sales

  • Current Sale Contract Date: Jun 19, 2015
  • Current Sale Recording Date: Jun 30, 2015
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 23003358
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Los Altos


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 777 San Antonio Road, EAST PALO ALTO, CA, 94303

$4,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,068 ft²
777 San Antonio Road #2, EAST PALO ALTO, CA, 94303 Listing by David Kelsey
Unit for rent at 833 N San Antonio Road, LOS ALTOS, CA, 94022

$5,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,086 ft²
833 N San Antonio Road, LOS ALTOS, CA, 94022 Listing by Venkat Ramasamy
Unit for rent at 4115 El Camino Real, PALO ALTO, CA, 94306

$9,250 /mo

  • 2 Beds
  • 2 Baths
  • 13,861 ft²
4115 El Camino Real #331, PALO ALTO, CA, 94306 Listing by Brianne Miller


Frequently Asked Questions

When was property at 1138 Laureles Drive built and last sold?
The property at 1138 Laureles Drive was built in 1955 and last sold on Jun 19, 2015 for $3,050,000.
How much is this home worth?
The estimated value of the home located at 1138 Laureles Drive is $4,542,675.
What are some comparable homes to 1138 Laureles Drive?
There are currently no comparable homes to 1138 Laureles Drive.