14835 Farwell Avenue, Saratoga, California 95070, Saratoga, - bed, bath

home-pic
ACTIVE$4,500,000
14835 Farwell Avenue, Saratoga, California 95070
3Beds
2Baths
1,662Sqft
58,938Lot
Year Built
1955
Close
-
List price
$4.5M
Original List price
$4.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82019066
Home ConditionTear down
Features
Good View:
Deck
View-

About this home

Welcome to 14835 Farwell Ave - a rare and extraordinary Saratoga opportunity! This premier property offers fully approved plans for a breathtaking 6,000+ SF ultra-modern luxury estate, showcased in the renderings provided. Designed for elegance, comfort, and functionality, the architectural vision includes a spacious main residence with soaring open-concept living areas, dramatic walls of glass, and seamless indoor-outdoor flow. A private ADU, three-car garage, and resort-style pool complete the estate, creating the ultimate retreat for modern living. The seller has invested over $400,000 in world-class architecture, interior design, detailed drawings, and permits, ensuring a seamless building process and saving valuable time. Set in one of Saratogas most prestigious neighborhoods, the property is just minutes from downtown Saratoga, Villa Montalvo, and award-winning Saratoga schools. With entitlements in place and construction-ready plans, you can confidently bring this visionary estate to life. Saratoga luxury at its finest - approved, designed, and ready to build!

Price History

Date
Event
Price
08/22/25
Listing
$4,500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (63 Listings)
Beds34
16%
Baths23
22%
Square foot1,6622,828
14%
Lot Size58,93814,220
91%
Price$4.5M$4.11M
66%
Price per square foot$2,708$1,529.5
98%
Built year19559825983
22%
HOA
Days on market75158
20%
Condition Rating
Tear down

The property, built in 1955, is explicitly marketed for its land and fully approved plans for a new 6,000+ SF luxury estate, as evidenced by the numerous renderings provided. The few images of the existing 1662 sqft structure show an older, modest home with a weathered deck and unkempt yard. There are no interior photos of the current kitchen or bathrooms, and the description makes no mention of the existing home's condition or features, strongly indicating that the current structure is considered a tear-down, with the property's value based solely on the land and its redevelopment potential.
Pros & Cons

Pros

Pre-Approved Luxury Development: The property comes with fully approved plans for a breathtaking 6,000+ SF ultra-modern luxury estate, including an ADU, three-car garage, and resort-style pool, significantly de-risking and accelerating the building process.
Substantial Seller Investment: The seller has invested over $400,000 in world-class architecture, interior design, detailed drawings, and permits, offering considerable time and cost savings for the prospective buyer.
Prime Saratoga Location: Situated in one of Saratoga's most prestigious neighborhoods, the property is minutes from downtown Saratoga, Villa Montalvo, and award-winning schools, ensuring strong desirability and long-term value.
Generous Lot Size: An expansive 58,938 sqft lot provides ample space for a grand estate, ensuring privacy and the potential for extensive outdoor amenities.
Visionary Custom Estate Opportunity: This rare offering allows a buyer to realize a custom-designed, ultra-modern luxury home with soaring open-concept living areas, dramatic walls of glass, and seamless indoor-outdoor flow.

Cons

Significant Additional Construction Costs: The $4.5 million list price is for the land and approved plans; the buyer must budget for substantial additional multi-million dollar construction costs to complete the proposed luxury estate.
Inherent Construction Project Management: Despite approved plans, the buyer will still be responsible for managing a large-scale construction project, which involves significant time, effort, and potential complexities.
Existing Structure Demolition/Obsolescence: The current 1955-built, 1662 sqft home is likely intended for demolition, meaning the property's value is primarily in the land and approved development, not the existing dwelling.

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