tomo logo

$4,888,888

Beds
6
Baths
6.5
sq ft
4,065

1061 Los Trancos Rd, Portola Valley, CA 94028

1061 Los Trancos Rd

Portola Valley, CA 94028

  • 72 days on market
    • Price drop $106,112↓
Only 7 minute drive from Hwy 280 this brand new ultra high end construction (2024) Modern/Contemporary home (Certificate of Occupancy issued May 2024) boasting 6 bedrooms (5 ensuite) inc 2 primary suites w/soaking tubs, 7 bathrooms, fully equipped ADU unit with separate entrance, 24' high ceilings & 10 ft doors throughout, glass elevator w/3 stops, chef's kitchen with upgraded appliances flowing to grand family room w/double indoor/outdoor fireplaces, 500 bottle wine cellar, office, expansive sky deck view terrace. Radiant heat + A/C, and up to 10 car parking, Adjacent 8,000 sq ft lot also available for purchase. Rare to find a newly constructed home of this caliber in Portola Valley. Highly sought after Portola Valley School District. Ultra high-end construction.

Details

Property type

Townhouse

Est. home value

$1,391,445

Property condition

New Construction

Lot size

7,888 sq ft

Price per sq ft

$1,203

Year built

2024

Price History

09/03/2024
BridgeMLS

BridgeMLS #ML81972426

Price change
$4,888,888
-2.12%
09/02/2024
BridgeMLS

BridgeMLS #ML81972426

Removed
$4,995,000
08/26/2024
BridgeMLS

BridgeMLS #ML81972426

Listed
$4,995,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Srinivas Gudipally Etux

Loan start date

April 2023

Original loan amount

$2,600,000

Est. remaining balance

Not provided

Interest rate

6.32%

Loan type

Building or Construction Loan

Seller

Awbrey Development Company Inc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/19/2024 at 5:10 PM

Listing updated: 09/16/2024 at 4:22 AM

Listed by: Andres Felipe Ardila, Compass Phone #: (415) 608-1003

MLS: BridgeMLS #ML81972426

BridgeMLS logo

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