Back 1138 Laureles Dr
Off Market

1138 Laureles Dr

Los Altos CA 94022

3
3
2
1861 sq. ft.
15617 sq. ft.
Single-Family
Last sold for $4,800,318
Rick SmithRick Smith, last sold this property on 16 July 2026 after 36 days on market.

Overview

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.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
1861 sq. ft. floor area
15617 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Los Altos over the last 12 months, the estimated median property value of 1138 Laureles Dr is $4.54m.

Median value
$4.54m
Estimated value range
$1.3m - $6.85m
Median days on market
7
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Altos. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1138 Laureles Dr

2026
Sold
$4,800,318
16 Jul 2026 by Rick Smith, of Robert Smith, Broker
2015
Sold
$3,050,000
30 Jun 2015 by Kathy Bridgman, of Compass

Happy sellers in Los Altos

90%
90% of sellers in Los Altos reported that their sale price either exceeded or met their price expectations.

Los Altos stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Los Altos over the last 12 months.

Local market activity for 3 bedroom single-family properties in Los Altos

In the last 12 months, 43 three-bedroom single-family properties similar to 1138 Laureles Dr, have been sold.

This represents a 43% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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