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.
AGENT: Rick Smith LISTING BROKERAGE: Robert Smith, Broker
Courtesy of Robert Smith, Broker. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1138 Laureles
Los Altos, CA
Property Details
Price:
$4,698,000
MLS #:
ML82049515
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Jun 9, 2026
Finished Sq Ft:
1,861
Lot Size:
15,617 sqft / 0.36 acres (approx)
Year Built:
1955
Ranch699 – Not Defined699notdefinedOtherOtherOtherLos AltosNeighborhood
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Schools
School District:
Other
Elementary School:
Other
Middle School:
Other
High School:
Los Altos
Interior
Appliances
DW, GD, RF, ES, VEF
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
CA
Flooring
TILE, WOOD
Laundry Features
DINC, WINC
Exterior
Architectural Style
RAN
Attached Garage YN
1
Common Walls
NCW
Direction Faces
E
Fencing
WD
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
SHK
Spa Features
HT, IG
View
PK, NE
Financial
Map
Community
- Address1138 Laureles Los Altos CA
- CityLos Altos
- CountySanta Clara
- Zip Code94022
