14521 Big Basin WaySaratoga, CA 95070

Property Details for 14521 Big Basin Way

Year built

1895

Lot size

0.03 AC

Property size (Sq ft)

565 SF

Zone code

CC

Property type

Retail properties

Property subtype

Retail space

APN

503-24-020

APU

50324020

Description

This exceptional 2,490 square foot mixed-use property, built in 2023, presents a unique owner-user or investment opportunity in the heart of historic Saratoga, California. Located at 14521 Big Basin Way (APN 503-24-084), this property sits on a 0.04-acre lot and boasts a desirable blend of commercial and residential space. The building features a 2-bedroom, 2-bathroom apartment, ideal for live-work scenarios, combined with a commercial component. The asking price is $3,140,000, translating to $1,405.62 per square foot. This prime location offers a serene setting with a beautiful patio overlooking Wildwood Park, and benefits from a high Walk Score and proximity to downtown Saratoga's amenities. The property's former life as the historic "Grover House" adds to its unique character and appeal. This is a rare chance to acquire a brand-new mixed-use building in a highly sought-after area with wealthy demographics. Don't miss this chance to own a piece of Saratoga's rich history and vibrant future.

• CAP approach

  CAP return

  Valuation

  6%

  $419,047

  6.5%

  $386,812

  7%

  $359,183

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,112

  Geo Method

  $397,112

• Alternative Use

  Use

  Valuation

  Residential

  $326,291

  Hospitality

  $298,880

  Educational

  $248,665

  Medical

  $257,217

  Retail

  $386,812

Location Insight

City

Saratoga

County

Santa Clara

State

California

Latitude

37.2572

Longitude

-122.034

CBSA code

41940

CBSA name

SAN JOSE-SUNNYVALE-SANTA CLARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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