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Portola Valley Home Sells for $20 Million; Top Sales Announced

URGENT UPDATE: A stunning $20 million single-family home in Portola Valley has topped the list of the most expensive residential real estate sales in San Mateo for the week ending June 30, 2023. This week, a total of 183 residential properties were sold in the area, with an average price of $2.1 million.

The Portola Valley residence, located on the 300 block of Golden Oak Drive, features five bedrooms and spans 4,065 square feet. It changed hands in May, with a remarkable price per square foot of $4,917. The sale reflects the ongoing demand for high-end properties in the Bay Area.

Here’s a breakdown of the top ten most expensive home sales recorded during this week:

10. $5 million – A single-family home on the 800 block of La Mesa Drive in Portola Valley, featuring two bedrooms in a spacious 3,074 square feet area, was sold for $1,627 per square foot.

9. $5.5 million – A residence in the 1200 block of San Raymundo Road, Hillsborough, boasts four bedrooms in a 3,890 square feet home, priced at $1,414 per square foot.

8. $5.5 million – Another property in the 1200 block of Bellair Way, Menlo Park, features four bedrooms within 3,612 square feet for $1,523 per square foot.

7. $5.9 million – A single-family house in the first block of Lassen Court, Menlo Park, includes four bedrooms in a 2,560 square feet layout, sold for a remarkable $2,285 per square foot.

6. $6.8 million – A luxurious residence on the first block of Oak Haven Way, Woodside, encompasses 6,200 square feet and was finalized for $1,100 per square foot.

5. $7 million – A charming home on the 200 block of La Questa Way, Woodside, features three bedrooms in a 1,960 square feet area, priced at $3,571 per square foot.

4. $7.3 million – In Menlo Park, a property on 600 block of Berkeley Ave was sold for $7,300,000, featuring five bedrooms in a spacious 4,280 square feet home at $1,706 per square foot.

3. $8 million – A newly built residence on the 700 block of Vine Street, Menlo Park, spans 5,073 square feet and was sold for $1,577 per square foot.

2. $8.6 million – Another newly constructed home on the first block of Hesketh Drive in Menlo Park features five bedrooms in 4,683 square feet, priced at $1,836 per square foot.

The real estate market in San Mateo continues to show resilience and demand for high-value properties, showcasing the region’s allure to affluent buyers.

Stay tuned for more updates on this developing story as the market trends continue to evolve. This data was compiled from public records and verified by local county offices.

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