Luxurious & Contemporary New Construction Home in Saratoga

Sold October, 2024 • $4,450,000  • 14 Days on Market

If you live in Saratoga, you’ve likely seen the recent sale of 12491 Paseo Cerro, a stunning, newly-built single-story home in El Quito Park that was snapped up for $4,450,000. This 2,800-square-foot modern beauty stands out for its sleek design and open layout, creating buzz in the neighborhood. With its four en-suite bedrooms, soaring ceilings, and gourmet kitchen, this home reflects the high demand for upscale properties in Saratoga.

It wasn’t on the market for long either, spending just a couple of weeks before attracting the right buyer. For those curious about Saratoga’s thriving luxury market, the sale highlights how quickly prime homes like this can move. Even though the house is no longer available, it’s a fun piece of news for anyone interested in what’s happening around town.

The sale of 12491 Paseo Cerro is another reminder of why so many people are drawn to Saratoga, it’s more than just a place to live; it’s a place to enjoy a mix of luxury, privacy, and community charm.

Property Statistics

The 2,800-square-foot property has four en-suite bedrooms, four and a half bathrooms, a dining area in the living room, and a family room kitchen combo.

Neighborhood & Schools

Saratoga is one of the most desirable places to reside in the Bay Area. And with good reason. The neighborhood is near many of the largest tech companies in Silicon Valley, including Apple, Google, Meta, Adobe, and more. This makes Saratoga perfect for tech professionals looking for luxurious homes near their workplaces.

Besides its suitability for professionals, 12491 Paseo Cerro is also ideal for families. The property is located within the Moreland School District, home to several highly-rated public schools, including Gussie M. Baker Elementary School, Moreland Middle School, and Prospect High School. This quality makes the property perfect for families who want to live in an affluent neighborhood while still providing their children with a high-quality education.

A serene neighborhood, Saratoga offers several attractions, including Hakone Gardens — one of the oldest Japanese gardens in the West. Situated on an 18-acre piece of land, the garden provides a tranquil escape with gorgeous views.

Besides Hakone Gardens, Saratoga has many other great places to visit, including The Montalvo Arts Center, the Santa Cruz Beach and Boardwalk, and Castle Rock State Park.
Saratoga is also a paradise for wine connoisseurs. The neighborhood is renowned for its wineries, including the iconic Mountain Winery. Recognized as a California Historic Landmark, the Mountain Winery also doubles up as a concert venue, and it has hosted some of the biggest names in music, like Ray Charles, Diana Ross, and Carlos Santana.

Overall, Saratoga offers a balanced lifestyle for homeowners looking to live in a neighborhood perfect for work and play.

Architectural & Interior Details

The architectural and interior details of 12491 Paseo Cerro are sure to appeal to sophisticated people who yearn for a luxurious space with a modern feel. The exterior of the home is made of smooth white stucco, giving it a sleek and stylish look. The home’s exterior entrance also has prominent wood paneling, which adds warmth and contrasts nicely with the white stucco walls.

With an emphasis on contemporary design, the house has large, rectangular windows. These windows ensure the house receives ample natural light while giving residents a vista of the lush front yard.

Indoors, the house features soaring ten-foot ceilings, giving it an airy feel. The open-plan, gourmet kitchen features a massive quartz island and custom cabinets with LED lights beneath. It also has state-of-the-art appliances, including a 48-inch extra-wide refrigerator.

The property boasts four spacious en-suite bedrooms and a half bathroom. For residents looking for extra creature comforts, the property has a dream master suite with spacious walk-in closets, a custom cabinet wall with muted lights, and a lavish bathroom.

The property also has a study room. So, if you need to retreat to a quiet place to work or brainstorm your next great idea, you’ll find yourself right at home.

Change Happens

Amenities

The family room features a fireplace that residents can cozy up to on frigid days and nights. There’s also a two-door garage and a dream master suite with extra closet storage.

Materials & Construction

The house is constructed and designed with remarkable attention to detail from the exterior to the interior. The roof has a slightly sloped design reminiscent of mid-century modern houses, giving it a clean and sharp look. A common feature of mid-century modern architecture, the home’s entrance has an expansive sliding door that provides easy access to the patio.

Inside, the kitchen features a premium quartz island. Chip-resistant, scratch-resistant, and moisture-resistant, quartz is a tough natural stone that’s undoubtedly the best material for islands and countertops. It’s no wonder it’s the most coveted countertop material among homeowners.

Landscaping & Outdoor Living

In line with the property’s contemporary feel, the landscaping complements the architecture with clean, simple lines. The front yard features a stone-paved walkway leading to the entrance with large rectangular tiles and small pebbles in between. It also has a verdant, well-manicured lawn that gives the property an inviting aura and elevates its curb appeal.

Market Overview & Sale Insights

12491 Paseo Cerro was listed on July 30, 2024, for $4,580,000. The property quickly caught the eye of prospective homebuyers and was marked as ”pending” by August 13, 2024. Ultimately, on October 16, 2024, the property was sold for $4,450,000.

While this represented a decline in the property listing price, it’s worth noting that the property was initially listed at $1,498,000 on May 9, 2018. It eventually closed for $1,750,000.

In just over six years, the closing price rose by a staggering $2,700,000 — representing an increase of about 162%. This demonstrates the massive potential of the luxury real estate market in Saratoga.

It’s also worth noting that the property spent just over two and a half months on the market. This period is relatively short for homes within this price range, as luxury homes typically take up to four months or more to sell.

Conclusion

For those curious about what’s happening in our lovely Saratoga neighborhood, the recent sale of 12491 Paseo Cerro is worth noting. This home sits in a quiet, upscale corner of Saratoga, perfect for families and professionals alike. With top-rated schools nearby and easy access to Silicon Valley’s tech hubs, it’s no wonder this home was snapped up so quickly.

Beyond the daily grind, the area’s lush parks, chic restaurants, and picturesque trails offer the perfect escape for outdoor lovers. Whether it’s shopping, dining, or enjoying Saratoga’s peaceful charm, this home reflects why so many people choose to settle here. While 12491 Paseo Cerro is now off the market, it’s a reminder of the quality and beauty that continues to make our community such a special place to call home.

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