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488 Knoll Drive — Los Altos — 3 Beds • 3 Baths • 2,057 Sq Ft | Belmont Brokerage | Belmont Brokerage

Pending

+10 more

$5,888,000

22 DOM

$2,862/sqft3 bd3 ba2,057 sqft

Call

488 Knoll Dr Los Altos, CA 94024

34,580sqft lot

Our apologies for the delay in being able to look at offers. You may now submit and we will gladly review. INCREDIBLE VIEWS abound from this 34,580 square foot (.79+ acre) lot in a serene and picturesque part of Los Altos. You have an opportunity to build your Family "Forever" Grand Estate on this one-of-a-kind property...OR just relax in this charming single story home that boasts 2,057 square feet of living space comprising 3 bedrooms, 3 bathrooms, living & dining rooms, and a detached 2-car garage, which has been occupied by the same family for over 75 years, lounging poolside while soaking in the sun and views. Los Altos has a top-tier high school, and this property is in close proximity to shopping, dining, world-class medical, transportation, and everything else the San Francisco Bay Area has to offer.

MLS ML82038382

(925) 984-6234 (Office) 925-984-6234 (Cell) spencer@castlerockpartnersinc.com

Est. payment

$37,623/mo

Principal & interestTaxesInsurance

$29,773$6,133$1,717

Down %

Rate %

Years

Down payment: $1,177,600 · Total cost: $11,895,856

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$37,623/mo

Principal & interest: $29,773
Est. property tax: $6,133
Est. insurance: $1,717
Down payment: $1,177,600

Est. gross rent$24,533/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-13,090/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Virtual Tour

Explore 3D Space

Opens interactive virtual tour

Price History

Event	Date	Price	Change
Listed	Mar 23, 2026	$5,888,000	—

Facts & Features

Transaction Data

Close DateMay 19, 2026

Structure & Property

Year Built1948

Garage Spaces2

(925) 984-6234 (Office) 925-984-6234 (Cell) spencer@castlerockpartnersinc.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

488 Knoll Drive, Los Altos, CA 94024

Get Directions

Call

488 Knoll Dr Los Altos, CA 94024

About this home

Spencer Snyder

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Spencer Snyder

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

488 Knoll Drive, Los Altos, CA 94024

About This Property

Property Photos

488 Knoll Dr Los Altos, CA 94024

About this home

Spencer Snyder

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Spencer Snyder

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.