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Saratoga › Local news

14725 Sobey Road lists at $17 million

The only comparable single-family sale to clear $12 million in the past year closed at $11.9 million. This one is priced at $17 million.
Tim McMullen · DRE #02016832
September 30, 2026 · 4 min read
Saratoga

The four comparable single-family sales recorded in Saratoga over the past 12 months — same type, within one bedroom, within 25% of 7,784 square feet, pulled from the widest radius needed to find at least four — topped out at $11,888,000. 14725 Sobey Road just listed at $17,000,000, which is $5.1 million above that ceiling and carries a per-square-foot ask of $2,184.

Address14725 Sobey Road, Saratoga
List price$17,000,000
Price per sq ft$2,184
Beds / Baths5 / 8
Square footage7,784
Lot81,893 sq ft (1.88 acres)
Year built2004
MLSML82062968
First listedSeptember 29, 2026

How it compares with homes like it

The peer rule here is: single-family homes, within one bedroom (4–6 beds), size within 25% of 7,784 square feet, sold in the last 12 months, expanded to the whole Saratoga market to reach four sales.

Four sales qualified. Their median recorded price was $8,370,000 and their median price per square foot was $1,330. The subject's ask of $2,184 per square foot is 64% above that median. The closest peer by both distance and recency is 14486 Leland Cir, 0.34 miles away, which recorded at $9,400,000 — $1,536 per square foot — in June 2026. The highest peer sale in the set, 15906 Cuvilly Way, closed at $11,888,000 in November 2025.

Among active listings, the peer pool is thin: one other listing meets the same type-and-size criteria, 24106 Deerpath Road, asking $3,649,000 at $608 per square foot on 6,000 square feet with 5 beds. By asking price, 14725 Sobey Road ranks second among those two active peers — it is the higher of the two asks.

The recorded high for any Saratoga sale in the past 24 months is $20,000,000. The 90th-percentile active ask across all property types is $10,949,910. On both measures, this listing sits well into the top tier.

Comparable sales

Four sales, same type (single-family), within one bedroom, size within 25% of subject, last 12 months, whole Saratoga market.

AddressRecordedPriceSq ft$/sq ftDistance
14486 Leland CirJune 2026$9,400,0006,120$1,5360.34 mi
14113 Pike RdJune 2026$6,200,0006,639$9342.83 mi
12359 Farr Ranch RdMarch 2026$7,340,0006,529$1,1243.22 mi
15906 Cuvilly WayNov 8, 2025$11,888,0006,493$1,831—

The four-sale range runs from $934 to $1,831 per square foot. The subject's $2,184 per square foot ask clears the top of that range by $353.

Single-family homes across Saratoga

There are 58 single-family homes actively listed in Saratoga right now. Over the past 180 days, 199 single-family homes sold at a median price of $4,400,000 and a median of $1,562 per square foot. The current median asking price among active listings is $4,625,000. The subject's ask is roughly 3.7 times that median.

In the specific size band that covers 14725 Sobey Road — 6,227 to 9,341 square feet — only three sales recorded in the past 180 days, with a median price of $7,340,000 and a median of $1,124 per square foot. That is a small sample and should be read as directional, not definitive.

How the Saratoga market is doing

Across all property types, 149 Saratoga homes sold in the last 180 days, compared with 151 in the same period a year ago. The all-type median sale price held at $4,100,000 in both periods. Median price per square foot moved from $1,481 to $1,532 — up about 3.4%. Prices ranged from $770,000 to $17,250,000 across those 149 sales. With 69 active listings of all types currently in the market, inventory is modest relative to that sales pace.

What it would cost a month

At the list price of $17,000,000, using the national 30-year average mortgage rate of 7.03% as of the week of September 24, 2026 (Freddie Mac Primary Mortgage Market Survey), the principal and interest payment on a fully financed loan would be:

What it would cost a month

Principal and interest only, on the 7.03% average 30-year rate published 2026-09-24 (Freddie Mac). Property taxes, insurance and any homeowners' dues are on top, and your own rate will depend on your lender, credit and deposit.

This is principal and interest only and is not an affordability assessment.

Three you could write an offer on today

These three properties are not listed for sale. Every home in this market has a page on this site, and an owner does not have to be listed to receive a written offer — the agent takes the offer directly to the owner, and no one is committed to anything until terms are agreed in a signed contract. Read how an offer works.


Tim McMullen · CA DRE #02016832
[email protected] · (415) 691-9272

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