Estimated payment $48,591/month
Highlights
- 1.63 Acre Lot
- Views
- Level Lot
- Saratoga Elementary School Rated A
- Partially Fenced Property
About This Lot
An exceptional opportunity to acquire 1.63 acres in the heart of Saratogas prestigious Golden Triangle. This property offers a Tentative Map Approval for the development of five luxury single-family residences plus two additional ADUs, catering to Silicon Valleys strong demand for upscale, multi-generational housing. Approved under Builders Remedy (August 2025), the project has cleared major entitlement milestones, significantly reducing approval risk. The next steps include securing Final Map Approval and executing site development, giving developers the flexibility to refine architectural finishes and positioning before breaking ground. The thoughtfully designed private community features a tree-lined entrance and the creation of a new private drive, Steele Dr, delivering a sense of arrival and maximum privacy. Plans highlight modern architecture, seamless indoor-outdoor living, and premium materials curated for long-term value. Perfectly situated within walking distance of award-winning Saratoga schools, boutique shopping, fine dining, and vibrant downtown amenities, the property also offers easy access to Highway 85 and proximity to Silicon Valleys major tech campuses, including Apple, Google, NVIDIA, and Meta
Property Details
Property Type
- Land
Est. Annual Taxes
- $71,617
Lot Details
- 1.63 Acre Lot
- Partially Fenced Property
- Level Lot
Additional Features
- Property Views
Home Values in the Area
Average Home Value in this Area
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 | $71,617 | $6,017,049 | $3,979,530 | $2,037,519 |
| 2024 | $71,617 | $5,899,068 | $3,901,500 | $1,997,568 |
| 2023 | $71,088 | $5,783,400 | $3,825,000 | $1,958,400 |
| 2022 | $69,666 | $5,670,000 | $3,750,000 | $1,920,000 |
| 2021 | $34,371 | $2,661,169 | $2,599,290 | $61,879 |
| 2020 | $33,561 | $2,633,883 | $2,572,638 | $61,245 |
| 2019 | $32,904 | $2,582,240 | $2,522,195 | $60,045 |
| 2018 | $32,250 | $2,531,609 | $2,472,741 | $58,868 |
| 2017 | $32,032 | $2,481,970 | $2,424,256 | $57,714 |
| 2016 | $31,034 | $2,433,305 | $2,376,722 | $56,583 |
| 2015 | $30,337 | $2,396,756 | $2,341,022 | $55,734 |
| 2014 | $29,614 | $2,349,808 | $2,295,165 | $54,643 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $8,000,000 | +41.1% | -- |
| 12/23/2021 12/23/21 | Sold | $5,670,000 | +12.3% | $957 / Sq Ft |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 10/11/2021 10/11/21 | For Sale | $5,050,000 | -- | $852 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,670,000 | Old Republic Title | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,150,000 | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | New Conventional | |
| Previous Owner | $1,515,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,500,000 | Purchase Money Mortgage |
Source: MLSListings
MLS Number: ML82020702
APN: 393-45-016
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