30 Pine Ridge Way, Portola Valley, California 94028, Portola Valley, - bed, bath
ACTIVE$3,600,000
30 Pine Ridge Way, Portola Valley, California 94028
4Beds
3Baths
2,380Sqft
94,731Lot
Year Built
1965
Close
-
List price
$3.6M
Original List price
$4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012992
Home ConditionTear down
Features
Excellent View: Valley
Deck
ViewValley
About this home
Commanding, panoramic views that must be seen in person photos can't do them justice! This is a rare opportunity to build new or reimagine the existing home with a full makeover, bringing natural views into every corner of your living space. Nearly every window frames the stunning beauty of the outdoors. Experience the very best of California living, with an expansive, ever-changing landscape/skyline unfolding before you. Situated on a 2-acre lot, this home offers 4 bedrooms, 2.5 bathrooms, and 2,380 square feet of living space. A once-in-a-lifetime opportunity to own a home in this coveted Portola Valley location.
Price History
Date
Event
Price
10/31/25
Price Change
$3,600,000-7.7%
10/11/25
Price Change
$3,900,000-2.5%
08/01/25
Listing
$4,000,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (18 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 3 | 3 | 50% |
| Square foot | 2,380 | 2,880 | 21% |
| Lot Size | 94,731 | 45,987 | 79% |
| Price | $3.6M | $4.41M | 21% |
| Price per square foot | $1,513 | $1,627 | 42% |
| Built year | 1965 | 1966 | 47% |
| HOA | $600 | ||
| Days on market | 96 | 142 | 37% |
Condition Rating
Tear down
Built in 1965, this property is 59 years old. The kitchen and bathrooms are extremely dated, appearing original or from a very early renovation, showing no major updates in the past 50 years. The listing description itself suggests a 'full makeover' or to 'build new,' indicating the existing structure is largely considered a tear-down, with the property's value primarily in the expansive 2-acre lot and panoramic views.
Pros & Cons
Pros
Panoramic Views: The property boasts commanding, panoramic views that are a significant asset, with nearly every window framing the stunning outdoor landscape and skyline, enhancing the living experience.
Coveted Location: Situated in a 'coveted Portola Valley location,' this property benefits from a highly desirable and prestigious address, contributing to its long-term value and appeal.
Expansive Lot Size: With a generous 2-acre lot (approximately 94,731 sqft), the property offers ample space, privacy, and potential for extensive landscaping, expansion, or new construction.
Significant Development Potential: Described as a 'rare opportunity to build new or reimagine the existing home with a full makeover,' it presents a unique chance for buyers to customize or develop a bespoke luxury residence.
Natural Integration: The design emphasis on 'bringing natural views into every corner' and experiencing 'the very best of California living' highlights a strong connection to the natural environment, a key luxury amenity.
Cons
Age and Condition of Existing Structure: Built in 1965, the property description explicitly suggests the need for a 'full makeover' or to 'build new,' indicating that the existing home likely requires substantial renovation or replacement, incurring significant additional costs.
Price Reduction History: The listing has undergone multiple price reductions from an original $4M to $3.6M, which may suggest initial overpricing or a slower market response, potentially impacting buyer perception of value.
Modest Existing Home Size for Lot: While the lot is expansive, the existing 2,380 sqft home with 4 beds/2.5 baths might be considered modest for a luxury property on a 2-acre lot in Portola Valley, reinforcing the expectation for significant renovation or new construction to maximize the site's potential.