40 Deer Path Drive, Portola Valley, California 94028, Portola Valley, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$2,985,000
40 Deer Path Drive, Portola Valley, California 94028
3Beds
3Baths
3,320Sqft
64,713Lot
Year Built
1979
Close
-
List price
$2.98M
Original List price
$3.25M
Price/Sqft
-
HOA
-
Days on market
192 Days
Sold On
2025-11-24
MLS number
ML82007263
Home ConditionPoor
Features
Good View:
Deck
View-

About this home

Nestled at the end of a private drive, this 3,320 square foot sits on almost 1.5 acres (per county) in tranquil Los Trancos Woods. Floor-to-ceiling and clerestory windows as well as skylights and sliding doors fill the 2-story home with natural light and provide views to the surrounding natural environment from every room. The top level includes an open-concept layout creating a seamless flow between the living room, dining area and kitchen. The expansive living room includes a wood burning fireplace surrounded by a sunken, built-in circular sofa, a wet bar and an additional large area ideal for a game table. The dining area flows seamlessly to the large kitchen, complete with island and walk in pantry. Access to the connecting deck from all three areas creates a large space ideal for indoor/outdoor entertaining. Completing the level is a spacious bedroom, a full bath. The lower level accommodates the primary suite and the third spacious bedroom, both with en suite baths, walk-in closets and outside access. The conveniently placed large laundry room includes ample cabinetry, a sink and an attached large storage room.

Price History

Date
Event
Price
09/06/25
Price Change
$2,985,000-8.2%
05/16/25
Listing
$3,250,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (18 Listings)
Beds34
47%
Baths33
50%
Square foot3,3202,980
68%
Lot Size64,71345,987
74%
Price$2.98M$4.41M
21%
Price per square foot$899$1,627
11%
Built year19791967
63%
HOA$600
Days on market172152
58%
Condition Rating
Poor

The property was built in 1979, making it 45 years old. While the home appears well-maintained structurally and is livable, the interior finishes, particularly the kitchen, are severely outdated. The kitchen features tiled countertops, dated light wood cabinets, older appliances (black refrigerator, integrated dishwasher), and older tiled flooring, indicating no major renovation in over 30-40 years. Although no bathroom images are provided, it's highly probable they are similarly dated. The living areas have older carpeting and a distinct 70s/80s aesthetic (e.g., sunken circular sofa, exposed wood beams). Bringing this property up to modern standards would require substantial rehabilitation, including a complete overhaul of the kitchen and bathrooms, which goes beyond 'minor updates' and aligns with the 'Poor' category's requirement for substantial rehabilitation due to outdated major components, despite the absence of immediate structural defects.
Pros & Cons

Pros

Private & Tranquil Setting: Nestled at the end of a private drive on almost 1.5 acres in tranquil Los Trancos Woods, offering exceptional privacy and a serene natural environment.
Abundant Natural Light & Views: Floor-to-ceiling and clerestory windows, skylights, and sliding doors ensure every room is filled with natural light and provides captivating views of the surrounding environment.
Excellent Indoor/Outdoor Entertaining: An open-concept layout seamlessly connects the living, dining, and kitchen areas, all with direct access to a large deck, creating an ideal space for indoor/outdoor entertaining.
Spacious & Functional Layout: Features an expansive living room with unique built-ins, a large kitchen with an island and walk-in pantry, and a primary suite with en-suite bath, walk-in closet, and outside access, catering to comfortable living.
Desirable Location: Situated in Portola Valley, a highly sought-after area known for its natural beauty, exclusivity, and proximity to Silicon Valley, enhancing the property's long-term value.

Cons

Extended Market Time & Price Reduction: With 192 days on market and a significant price reduction from its original listing, this suggests potential challenges in market appeal or initial overpricing.
Potential for Dated Systems/Finishes: Built in 1979, while some features are modern, the property may require updates to core systems or finishes to meet contemporary luxury standards expected in this market segment.
Lack of Explicit High-End Amenities: The description does not highlight specific luxury amenities such as smart home technology, advanced energy efficiency, or a dedicated home office, which are often expected by discerning buyers in this price range.

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