1138 Laureles Drive, Los Altos, CA 94022
Single-family home · 2 recorded sales since 2015
Sold July 2026
Listing Agent: Rick Smith (DRE #01431920) · Listing Office: Robert Smith, Broker · Contact: 650-492-9007 · Bought with: Sean Chen · Gaea Realty · MLS #ML82049515 · Source: CRMLS
How this sale compares
1138 Laureles Drive sold for $4,800,318 in July 2026, 2.2% over its $4,698,000 list price, after 10 days on the market. That works out to $2,579 per square foot on 1,861 square feet. Across 51 closed sales in 94022 over the last 12 months, the median sold price is $3,725,000 and the median is $1,747 per square foot, 32% below this sale's $2,579.
| Quarter | Closed sales in 94022 | Median sold price |
|---|---|---|
| Q1 2026 | 2 | $3,599,500 |
| Q2 2026 | 26 | $3,537,500 |
| Q3 2026 | 22 | $3,900,000 |
| Q4 2026 | 1 | $7,395,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Altos · Homes for sale in 94022
Description
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.
Listing description from the July 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 1138 Laureles Drive
1114 Laureles Drive: Sold $4,500,000 · 3 bd · 3 ba · 1,921 sqft · Jun 2026 · 0.1 mi
Coldwell Banker Realty | DRE #01196243
Buyer's agent: Laura Bertolacci, Christie's International Real Estate Sereno | DRE #008681801070 Mercedes Avenue 12: Sold $940,000 · 2 bd · 2 ba · 1,055 sqft · Jul 2026 · 0.3 mi
Golden Gate Sotheby's International Realty | DRE #01837664
Buyer's agent: Mike Carey | DRE #010555451070 Mercedes Ave 16: Sold $962,000 · 2 bd · 2 ba · 1,055 sqft · Jul 2026 · 0.3 mi
Intero Real Estate Services | DRE #01882266
Buyer's agent: Royce Cablayan, Christie's Int'l R. E. Sereno | DRE #010620781070 Mercedes Avenue 1: Sold $960,000 · 2 bd · 2 ba · 960 sqft · Jun 2026 · 0.3 mi
The Agency | DRE #01703792
Buyer's agent: Ephan Liu, Wilbur Properties | DRE #021552563003 Marcelli Circle: Sold $1,889,000 · 3 bd · 3 ba · 1,429 sqft · Apr 2026 · 0.6 mi
Coldwell Banker Realty | DRE #01246488
Buyer's agent: Li Jen Chang | DRE #01817019805 N San Antonio Road: Sold $1,740,000 · 3 bd · 2 ba · 1,086 sqft · Apr 2026 · 0.7 mi
Coldwell Banker Realty | DRE #01076494
Buyer's agent: Tina Li, Coldwell Banker Realty | DRE #0208590823 Los Altos Square: Sold $1,788,000 · 3 bd · 3 ba · 1,568 sqft · Jul 2026 · 0.8 mi
Intero Real Estate Services | DRE #01223189
Buyer's agent: David Anderson | DRE #0140044564 Alvarado Avenue: Sold $8,500,000 · 4 bd · 5 ba · 4,059 sqft · Jul 2026 · 0.9 mi
Closed sales reported in 94022, nearest first, last 12 months. All recent sales in Los Altos →