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141 Lake Rd, Portola Valley, CA, 94028

4beds
5baths
3,380sqft
$3,850,000
$1,139price/sqft
$24,079/moest. monthly cost
$963,160/yrincome needed

About This Home

Newly built and tucked into the serene landscape of Portola Valley, this exquisitely designed contemporary residence offers a rare blend of privacy, scale, smart-home features, and flexible living spaces. The multi-level home is designed to embrace its Bay views and natural surroundings. Situated by a lake, the home is on a cul-de-sac leading to acres of open space and hiking trails. The main level features generous living and entertaining areas, including a spacious living room with fireplace, seamlessly connected to an outdoor deck ideal for indoor-outdoor living. Expansive windows and skylights invite in abundant light and peaceful views. The open and functional layout includes a high-tech chefs kitchen and dining area complete with wet bar and wine fridge. A dumb waiter connects the garage to the main level. Wi-Fi-enabled appliances, a Tesla PowerWall, and solar system fuel the multiple smart home features. An auxiliary family room and kitchen combination offers flexible living spaces for a home office, fitness area, guest suite, or attached ADU. Bedrooms are privately situated, offering quiet retreats. Step outside to experience Bay views from the master bedroom and rooftop deck that provide multiple vantage points to relax and take in the surrounding greenery.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

10/10
Corte Madera SchoolGrades 4-81.6 mi
8/10
Woodside High SchoolGrades 9-126.8 mi
10/10

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Concrete Perimeter,Crawl Space
  • Roof: Metal
  • Construction materials: Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,Custom,Luxury,Modern/HighTech
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 5
  • Full bathrooms: 5

Dining Room

  • Features: BreakfastBar, DiningArea

Family Room

  • Features: Other

Features

  • Vaulted Ceiling(s),Wet Bar
  • Flooring: Wood
  • Number of fireplaces: 2
  • Fireplace features: Living Room,Primary Bedroom

Heating & Cooling

  • Heating features: Electric,Heat Pump,2 plus Zones,Solar With Backup
  • Cooling features: Zoned

Interior Area

  • Total structure area: 3,380
  • Total interior livable area: 3,380 sqft

Property

Details

  • Parcel number: 080072610
  • Zoning: R1
  • Special condition: Standard

Features

  • Fencing: Partial,Wood

Lot

  • Lot size: 7,515 sqft
  • Features: Hillside

Parking

  • Total spaces: 2
  • Parking features: Electric Vehicle Charging Station(s),Guest,Off Street
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding
Landslide
Wildfire

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,467$233,604
Home Insurance *$479$5,748
Property Taxes $3,409$40,908
Electricity $724$8,697
Total$24,079$288,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$825,565/yr
40% on housing$722,370/yr
45% on housing$642,106/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,139This listing

vs Other Active Listings

Avg $/sqft

ZIP 94028$1,467
San Mateo County$914

vs Homes Sold Last Month

Median $/sqft

ZIP 94028$1,281
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Price change$3,850,000
2026-04-20Listed for sale$4,250,000

For Sale by Agent

Agent Kavanaugh Group
BrokerageColdwell Banker Realty

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