NOT LISTED FOR SALE

255 Golden Hills Dr Portola Valley, CA 94028

Estimated Value: $5,871,000 - $9,688,967

5 Beds
4 Baths
3,910 Sq Ft
$1,955/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $17,000,000 $4,348 Per Sq Ft

Current estimated payment $50,557/month

43 Days on Market

Highlights

  • Barn
  • Horse Property
  • Private Pool
  • Ormondale Elementary School Rated A+
  • Paddocks
  • 11.64 Acre Lot

About This Home

As of September 2020

Views, views and more views. These four adjoining parcels with multiple breathtaking views of the Western Hills comprise one of the last large estates in the heart of Central Portola Valley. This approx 11.64-acre compound is a rare find in the Oak Hills/Westridge Corridor. Property has a 5 BR Mid-Century Modern home, 2 BR guesthouse, pool and two barns and the expansive surrounding land offers further development options. This private natural setting boasts a wide variety of mature trees which frame amazing views of Windy Hill from multiple locations. The property also features a large riding ring and a series of equestrian and hiking trails laid out to take advantage of the full expanse of the grounds. While surprisingly private in its central location, a host of amenities are nearby, including PV Town Center recreation facilities, the acclaimed PV schools, Windy Hill hiking trails, Ladera Shopping Center, Stanford University and 1-280 freeway access. 255GoldenHillsDrive.com

Last Agent to Sell the Property

Helen Miller

Compass License #01142061 Listed on: 07/20/2020

Compass

Last Buyer's Agent

Helen Miller

Compass License #01142061 Listed on: 07/20/2020

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124,257

Year Built

  • 1960

Lot Details

  • 11.64 Acre Lot
  • Partially Fenced Property
  • Lot Has A Rolling Slope

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,910 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Views of Hills
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Radiant Floor
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Electric Gate
  • Off-Street Parking

Pool

  • Private Pool
  • Solar Heated Pool

Horse Facilities and Amenities

  • Paddocks
  • Riding Trail

Utilities

  • Central Air
  • Septic Tank

Additional Features

  • Horse Property
  • 2,290 SF Accessory Dwelling Unit
  • Barn

Community Details

  • Property has a Home Owners Association
  • Oak Hills Homeowners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$124,257

Year Built

1960

Lot Details

0

Listing Details

  • Zoning: R1002A
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 2290
  • Structure Sq Ft: 3910
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Oven - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3910
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Concrete
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Hills
  • Horse Property: Yes
  • Fencing: Partial Fencing
  • Horse Property Description: Barn, Paddocks, Riding Trails
  • Pool: Pool - Cover
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Electric Gate, Off-Street Parking
  • Carport Min: 3

Utilities

  • Cooling System: Central Ac
  • Heating System: Radiant Floors
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • HOA Documents: Cc&rs
  • HOA Exist: Yes
  • H O A Name Text: Oak Hills Homeowners Association

Lot Info

  • Lot Description: Grade - Rolling, Subdivided, Views
  • Lot Acres: 11.6370
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 506907.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 506907.00

Green Features

  • Energy Features: Solar Heating - Pool

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 21, 2020
Sold by
Gnoss George H
Bought by
Kortlang Benjamin and Kortlang Caitlin
Seller's Agent
Helen Miller
Compass
Buyer's Agent
Helen Miller
Compass
List Price
$17,995,000
Sold Price
$17,000,000
Premium/Discount to List
-$995,000
-5.53%
Current Estimated Value
$7,642,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,357,344
Avg. Annual Appreciation
-14.51%

Purchase Details

Listed on
Jul 20, 2020
Closed on
Sep 18, 2020
Sold by
Albert R Schreck Administrative Trust and Gnoss George H
Bought by
Benjamin And Caitlin Kortlang Living Trust and Kortlang
Seller's Agent
Helen Miller
Compass
Buyer's Agent
Helen Miller
Compass
List Price
$17,995,000
Sold Price
$17,000,000
Premium/Discount to List
-$995,000
-5.53%

Purchase Details

Closed on
Jun 8, 2017
Sold by
Schreck Albert R
Bought by
Schreck Albert R

Purchase Details

Closed on
Aug 3, 2016
Sold by
Schreck Albert R
Bought by
Schreck Albert R

Purchase Details

Closed on
Apr 11, 2011
Sold by
Schreck Albert R and Schreck Joel W
Bought by
Schreck Albert R and Schreck Joel W
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kortlang Benjamin $17,000,000 Lawyers Title Company
Benjamin And Caitlin Kortlang Living Trust $17,000,000 Lawyers Title
Gnoss George H -- Lawyers Title Company
Schreck Albert R -- None Available
Schreck Albert R -- None Available
Schreck Albert R -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $17,000,000 -5.5% $4,348 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $17,995,000 -- $4,602 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $124,257 $11,522,488 $8,821,821 $2,700,667
2023 $124,257 $11,075,058 $8,479,260 $2,595,798
2022 $119,028 $10,857,900 $8,313,000 $2,544,900
2021 $117,460 $10,645,000 $8,150,000 $2,495,000
2020 $6,275 $520,222 $128,923 $391,299
2019 $6,212 $510,023 $126,396 $383,627
2018 $5,930 $500,023 $123,918 $376,105
2017 $5,865 $490,220 $121,489 $368,731
2016 $5,760 $480,608 $119,107 $361,501
2015 $5,723 $473,389 $117,318 $356,071
2014 $5,595 $464,117 $115,020 $349,097
Source: Public Records

Agents Affiliated with this Home

  • Helen Miller

    Seller's Agent in 2020

    Helen Miller

    Compass

    (650) 400-3426

    10 in this area

    35 Total Sales

    Helen Miller
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Map

Source: MLSListings

MLS Number: ML81801184

MLSListings

APN: 077-232-050

California San Mateo County Portola Valley 94028

255 Golden Hills Dr, Portola Valley, CA

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