Seller's Agent in 2021
Hugh Cornish
Coldwell Banker Realty
(650) 566-5353
17 in this area
112 Total Sales
880 Westridge Dr Portola Valley, CA 94028
Estimated Value: $8,984,000 - $15,847,354
5
Beds
3.5
Baths
6,610
Sq Ft
$1,878/Sq Ft
Est. Value
Highlights
- Barn
- Stables
- Two Primary Bedrooms
- Ormondale Elementary School Rated A+
- Horse Property
- 9.77 Acre Lot
About This Home
As of December 2021A rare opportunity, this landmark property was built in 1957 for the late Bill and Jean Lane of Sunset Magazine, a legendary West Coast publishing house. The rare and unrivaled setting encompasses almost 10 acres of glorious land - one of the largest parcels available in central Westridge, the most sought-after area in all of Portola Valley. Vast open meadows and endless views are all-encompassing and sublimely, private, yet 2 miles from every convenience. This spectacular property provides an incredible opportunity to build your dream home or remodel the existing Cliff May-designed structures. The current owners engaged Aidlin Darling Design to reimagine the development potential of the property. The architectural firm created potential site and home plans that are available upon request. This is truly a once-in-a-lifetime opportunity to own of the most iconic properties in the Silicon Valley.
Last Agent to Sell the Property
Coldwell Banker Realty License #00912143 Listed on: 11/15/2021
Last Buyer's Agent
Tenny Susanto
Susanto Brokerage License #01880841
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $182,865
Year Built
- Built in 1957
Lot Details
- 9.77 Acre Lot
- Gentle Sloping Lot
- Zoning described as R1002A
HOA Fees
- $17 Monthly HOA Fees
Parking
- 3 Car Detached Garage
- 3 Carport Spaces
Home Design
- Slab Foundation
- Wood Shingle Roof
- Tile Roof
- Composition Roof
- Stucco
Interior Spaces
- 6,610 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Wood Burning Fireplace
- Separate Family Room
- Formal Dining Room
- Mountain Views
- Alarm System
Kitchen
- Double Oven
- Electric Cooktop
- Dishwasher
- Formica Countertops
Flooring
- Carpet
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Double Master Bedroom
- Bathroom on Main Level
- Dual Sinks
- Bathtub with Shower
Laundry
- Laundry in unit
- Electric Dryer Hookup
Outdoor Features
- Horse Property
- Balcony
- Outdoor Fireplace
Horse Facilities and Amenities
- Stables
- Arena
Additional Features
- Barn
- Septic Tank
Community Details
- Westridge Architectural Supervising Comm Association
Listing and Financial Details
- Assessor Parcel Number 077-070-240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2019
Closed on
Jul 15, 2019
Sold by
Worth Thomas B
Bought by
Sonsini Matthew William and Valley Lisa Sobrato
Seller's Agent
Hugh Cornish
Coldwell Banker Realty
Buyer's Agent
Stephanie Elkins
Coldwell Banker Realty
List Price
$13,750,000
Sold Price
$13,750,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,047,681
Avg. Annual Appreciation
-2.75%
Purchase Details
Closed on
Jun 3, 2011
Sold by
Lane Donna Jean
Bought by
Lane Jean
Purchase Details
Closed on
Jan 13, 2000
Sold by
Lane Laurence William and Lane Jean
Bought by
Lane Laurence William and Lane Donna Jean
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sonsini Matthew William | $13,750,000 | Lawyers Title Co | |
| Lane Jean | -- | None Available | |
| Lane Laurence William | -- | -- | |
| Lane Laurence William | -- | -- | |
| Lane Laurence William | -- | -- | |
| Lane Laurence William | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2021 12/31/21 | Sold | $16,000,000 | -8.6% | $2,421 / Sq Ft |
| 12/26/2021 12/26/21 | Pending | -- | -- | -- |
| 11/15/2021 11/15/21 | For Sale | $17,500,000 | +27.3% | $2,648 / Sq Ft |
| 07/18/2019 07/18/19 | Sold | $13,750,000 | 0.0% | $2,080 / Sq Ft |
| 05/31/2019 05/31/19 | Pending | -- | -- | -- |
| 05/13/2019 05/13/19 | For Sale | $13,750,000 | -- | $2,080 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $182,865 | $16,979,327 | $15,069,153 | $1,910,174 |
| 2023 | $182,865 | $16,320,000 | $14,484,000 | $1,836,000 |
| 2022 | $175,159 | $16,000,000 | $14,200,000 | $1,800,000 |
| 2021 | $153,139 | $13,892,449 | $9,871,217 | $4,021,232 |
| 2020 | $152,303 | $13,750,000 | $9,770,000 | $3,980,000 |
| 2019 | $11,169 | $948,366 | $226,355 | $722,011 |
| 2018 | $10,640 | $929,771 | $221,917 | $707,854 |
| 2017 | $10,445 | $911,541 | $217,566 | $693,975 |
| 2016 | $10,260 | $893,668 | $213,300 | $680,368 |
| 2015 | $10,192 | $880,246 | $210,097 | $670,149 |
| 2014 | $9,954 | $863,004 | $205,982 | $657,022 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2021
Stephanie Elkins
Coldwell Banker Realty
(650) 324-4456
7 in this area
74 Total Sales
-
T
Buyer's Agent in 2021
Tenny Susanto
Susanto Brokerage
Map
Source: MLSListings
MLS Number: ML81870241
APN: 077-070-240
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