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24886 Olive Tree Ln, Los Altos Hills, CA, 94024

$5,298,000

5 Bedrooms
5 Full Baths
4,123 SqFt
$1,285/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1968
HeatingCentral
CoolingCentral Air
FireplaceGas Starter, Wood Burning
ViewBay, City Lights, Hills
MLS #ML81982704
Lot Size1.61 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 24886 Olive Tree Ln

A perfect combination of nature and city with panoramic views. Experience the tranquility and privacy of this 1.6 acres three-level home, where natural light floods every room. Just 4 minutes from 280, on a private dead-end road, 500 feet from private keyed access to Rancho San Antonio Trail, with miles of hiking. The main level includes a guest suite and office space. The kitchen (with SubZero refrigerator and newer appliances), dining, and living rooms have large windows with views that are half nature and half city and bay. The third floor is dedicated to the primary suite, complemented by a sunroom and bonus room that can serve as another office or an extra bedroom. The lower floor has a large family room and three more bedrooms, all open to an expansive IPE deck, solar-heated pool, and hot tub. The grounds provide mature fruit trees, flat play areas, and extra storage. The main and lower levels feature spectacular Rosewood solid hardwood floors.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1968
  • Stories: 3
  • Living Area: 4,123 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 941-1111
  • Listing Agent: Nicole Ruccolo

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Refrigerator, Vented Exhaust Fan
  • Flooring Type: Carpet, Wood
  • Interior: Breakfast Area, Walk-In Closet(s)
  • Fireplace: Gas Starter, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Bay, City Lights, Hills

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 1.61 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Cross Street: Blandor Way

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,298,000
  • Price Per SqFt: $1,285/SqFt

Tax Information:

  • Annual Amount: $34,802
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Altos Hills, CA.

Med. Sold Price

$5.5M

Med. Price/SqFt

$1,586

Avg. Days On Market

26

# of Sold Homes

8

24886 Olive Tree Ln vs Los Altos Hills

44 DAYS ON ROCKET

+18 Days

$5,298,000

-$252K Less

$1,285/SqFt

-$301 Less

KEY TAKEAWAY

This property is $252K less than the Median Sold Price and $301/SqFt less than other homes in Los Altos Hills, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81982704

Listing Office:

  • Office Name: Compass
  • Office Phone: (650) 941-1111
  • Listing Agent: Nicole Ruccolo

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2005Home Sold
$2,210,000
Mar 29, 1988Home Sold
$700,000

Tax History

YEARPROP. TAXASSESSMENT
2021$34,802$2,845,948
2020$34,801$2,816,767
2019$32,728$2,761,537
2018$32,728$2,707,390
2017$31,462$2,654,305

History based on county public records data.

Payment Calculator

$26.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.9K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-228246
9
/10
  • Loyola Elementary School

  • 770 Berry Ave

  • 2.13 miles

  • Public District Grades KG-6

school-card-donut-228247
9
/10
  • Covington Elementary School

  • 205 Covington Rd

  • 2.19 miles

  • Public District Grades KG-6

school-card-donut-228248
8
/10
  • Montclaire Elementary School

  • 1160 Saint Joseph Ave

  • 2.32 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $249,807. Residents of Los Altos Hills, CA typically earn $200k+ each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 24886 Olive Tree Ln

What is the listing price of this property?

The listing price of 24886 Olive Tree Ln property is $5,298,000.

What type of property is this?

The property 24886 Olive Tree Ln is a house located in Los Altos Hills, California, 94024.

Is this property for sale now?

Accepting Backup Offers: 24886 Olive Tree Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $34,802 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 13, 2005 for $2,210,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 24886 Olive Tree Ln has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 24886 Olive Tree Ln is 4,123 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 24886 Olive Tree Ln is 1968.
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Rocket HomesCaliforniaSanta Clara CountyLos Altos Hills9402424886 Olive Tree Ln

This home is located at 24886 Olive Tree Ln in Los Altos Hills, CA and zip code 94024 in the Olive Tree Hill neighborhood. This 4,123 square foot home, which was built in 1968, sits on a 1.61 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $5,298,000.

While more than 4 listings in Los Altos Hills, CA in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 4 were sold below. The number of homes for sale in Los Altos Hills, CA increased by 14.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $5,550,000, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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