
Atherton, California 94027
This property presents a High-Potential Investment Opportunity with a List Price of $10,500,000—positioned well below the $10,597,863 Fair Market Value by 0.92%. This valuation gap offers $97,863 in Instant Equity. Featuring a Condition Rating of 3, the residence offers a pool and patio on a massive 1-acre lot. With proximity to top-rated schools like Laurel Elementary and Menlo-Atherton High, this is a premier Asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking significant long-term redevelopment potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Edge Subject 4 bd · 3 ba · 3,130 sqft · $3,386 | $10,500,000* List Price | 4 | 3 | 3,130 | $3,386 | - |
A 30 Catalpa Drive Sold 4 bd · 3 ba · 2,850 sqft · $3,695 · 0.2 mi | $10,530,000 | 4 | 3 | 2,850 | $3,695 | 0.2 mi |
B 98 Fredrick Drive Sold 3 bd · 2 ba · 3,182 sqft · $2,451 · 0.4 mi | $7,800,000 | 3 | 2 | 3,182 | $2,451 | 0.4 mi |
C 134 Hawthorne Drive Pending 4 bd · 3 ba · 2,110 sqft · $3,786 · 0.6 mi | $7,988,000 List Price | 4 | 3 | 2,110 | $3,786 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property has undergone significant renovations that make it move-in ready. The kitchen features updated dark cabinetry and stone countertops, and the bathrooms show modern tile work and gold fixtures consistent with a 5-15 year renovation cycle. While some areas like the laundry room and specific floor tiles show more age, the overall condition is well-maintained with updated flooring and vaulted ceilings.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43714, living area = 3130.
Situated on a rare 1-acre lot in Atherton, one of the nation's most exclusive neighborhoods, offering unparalleled privacy and expansive grounds.
The property presents a significant opportunity for long-term value appreciation through custom renovation or the construction of a new luxury estate.
The property was recently sold within the past year on 2026-07-29. The sold price is $8,000,000.00.
Originally built in 1969, the existing residence may require substantial modernization or a complete rebuild to meet the standards of contemporary luxury living.
The $10.5M list price reflects a high cost per square foot for the existing home, indicating that the primary value lies in the land rather than the current improvements.
Rare opportunity at 1 Edge Rd in Atherton, set on an approximately 1-acre (43,714 SF) lot in one of the Bay Areas most prestigious residential neighborhoods. Tucked away in a quiet, private setting with mature trees and expansive grounds, the property offers exceptional scale, privacy, and presence. The existing 4BR/3BA residence provides approximately 3,130 SF of living space with generous living and entertaining areas, an updated kitchen, multiple courtyards, pool, and three-car garage, creating a seamless indoor-outdoor lifestyle. Enjoy the home as it is, renovate to your vision, or explore the property's significant long-term redevelopment potential. Conveniently located near downtown Menlo Park, Stanford University, and major Silicon Valley destinations. A truly special opportunity to own a full-acre property in Atherton. Buyer to independently verify square footage, development potential, feasibility, and applicable requirements.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.2 |
| Baths | 3.0 | 5.8 |
| Square foot | 3,130 | 5,224.75 |
| Lot Size | 43,714 | 42,278.417 |
| Price | $10.50M | $10.02M |
| Price per sq ft | $3.4K | $2.2K |
| Built year | 1969 | 1974 |
| HOA | $0 | $0 |
| Days on market | 15 | 29 |
Oct 9, 2026
$10,500,000
Initial Listing
Jul 29, 2026
$8,000,000
Public Record
Nov 19, 2021
$6,500,000
Public Record
May 15, 2019
$5,000,000
Public Record