1138 Laureles Drive

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.