Home for Sale at 1694 Miller AVE, LOS ALTOS, CA 94024

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1694 Miller Ave
Los Altos, CA 94024

Rachel Zhang with Compass, original listing - (650) 462-1111

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Property Details

List Price:	$4,250,000
Beds:	4
Baths:	Full: 3
Status:	Active
SqFt:	2868 Square Feet
Agency:	Compass
Agency Phone:	(650) 462-1111

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Description/Comments

Lot Size:	0 acre(s)
Garage:	Garage
Property Type:	Residential-Single Family Residence
Year Built:	1973
Notes:	Nestled in the highly desirable Los Altos Country Club neighborhood, this stunning 4-bedroom, 3-bathroom home spans 2,868 SF, exuding contemporary elegance with spectacular renovations. The grand living room with soaring vaulted ceilings features new white oak hardwood floors throughout and a beautifully tiled fireplace, elevating everyday living. Floor-to-ceiling windows invite an abundance of light, while a panoramic upper deck offers views of verdant greenery. The open floor plan flows into a formal dining room, perfect for entertaining. The chef's kitchen boasts custom cabinetry, quartz countertops, intricate tiling, top-of-the-line appliances, and a grand center island along with a spacious informal dining area. The home offers dual expansive primary suites on both levels with modern bathrooms, bespoke vanities, and access to private patios with scenic views. The upper level also includes a generously appointed second bedroom with an ensuite, while the lower level features another lovely bedroom, and a vast versatile multipurpose room with sliding window glass doors leading to the tranquil backyard. Features owned solar panels. Exceptional location in a serene tree-lined neighborhood, minutes from Los Altos Village, top-rated schools, golf course amenities, and Highway 280.
MlsNumber:	--
ListingId:	ML82000138

Listing Provided By:	Compass, original listing
Phone:	(408) 666-0889
Office Phone:	(650) 462-1111
Agent Name:	Rachel Zhang
Disclaimer:	Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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