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1016 Lemon Street, Menlo Park, California 94025, Menlo Park, 94025 - 5 bed, 5 bath

1016 Lemon Street, Menlo Park, California 94025 home-pic-0
ACTIVE$7,350,000
1016 Lemon Street, Menlo Park, California 94025
5Beds
5Baths
3,536Sqft
10,101Lot
Year Built
2025
Close
-
List price
$7.35M
Original List price
$7.35M
Price/Sqft
$2,079
HOA
-
Days on market
-
Sold On
-
MLS number
ML82028022
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 5 Cons,6 Pros. Rank: price - $7.35M(89th), sqft - 3536(85th), beds - 5(79th), baths - 5(84th).

Unique opportunity to unlock the advantages of buying an in progress home built by Thomas James Homes. When purchasing this home, you will benefit from preferred pricing, designed personalization, and more. Estimated home completion is Summer 2026. Enjoy an open floorplan, plenty of room for friends and family, perfect for entertaining. At the heart of the main floor is the spacious great room with fireplace and gourmet kitchen with top of line appliances, island with bar seating, walk in pantry, Butler's pantry, and dining area. This area leads out to your covered outdoor living through large doors that let in natural light. The main floor comes complete with an ADU with kitchenette and en suite bathroom. The grand suite boasts a spa like bath with a dual sink vanity, freestanding soaking tub, walk in shower and walk in closet. Additional bedrooms contain ample closet space. This home is conveniently located near local shops, restaurants, and lifestyle amenities! *Preliminary architecture shown is subject to change based on jurisdiction's design review process. Illustrative landscaping shown is generic and does not represent the landscaping proposed for this site. All imagery is representational and does not depict specific building, views or future architectural details.

Nearby schools

9/10
Oak Knoll Elementary School
Public,•K-5•0.4mi
10/10
Las Lomitas Elementary School
Public,•K-3•1.0mi
8/10
Lucille M. Nixon Elementary School
Public,•K-5•2.5mi
8/10
Hillview Middle School
Public,•6-8•0.2mi
8/10
La Entrada Middle School
Public,•4-8•0.6mi
7/10
Terman Middle School
Public,•6-8•4.3mi
7/10
Menlo-Atherton High School
Public,•9-12•2.0mi
9/10
Henry M. Gunn High School
Public,•9-12•4.3mi

Price History

Date
Event
Price
11/20/25
Listing
$7,350,000
05/15/25
Sold
$4,125,000
Condition Rating
Excellent
This property is a brand-new construction with an estimated completion in Summer 2026, falling well within the 'newly built' criteria. The description explicitly mentions a 'gourmet kitchen with top of line appliances' and a 'spa like bath with a dual sink vanity, freestanding soaking tub, walk in shower.' The architectural renderings depict a modern, high-quality design. As a new build, all components, including kitchen, bathrooms, systems, and finishes, will be brand new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Las Lomitas Elementary School (10/10). High School: Henry M. Gunn High School (9/10).
Prime Menlo Park Location: Situated in the highly desirable city of Menlo Park, offering convenient access to local shops, restaurants, and lifestyle amenities.
Brand New Construction & Customization: A unique opportunity to purchase a new build by Thomas James Homes, allowing for designed personalization and modern systems upon completion.
Luxury Features & Open Floor Plan: Boasts a spacious open floor plan, gourmet kitchen with top-of-the-line appliances, a spa-like grand suite, and a great room with a fireplace, ideal for entertaining.
Integrated Accessory Dwelling Unit (ADU): Includes a main floor ADU with a kitchenette and en suite bathroom, providing versatile options for rental income, multi-generational living, or a dedicated home office.
Access to Top-Rated Schools: Located within an excellent school district, with several highly-rated public elementary, middle, and high schools in close proximity.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3536, other record living area = 1960. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Recently Sold Property: The property was recently sold within the past year on 2025-05-15. The sold price is $4,125,000.00.
Extended Completion Timeline: The property is currently in progress with an estimated completion in Summer 2026, requiring a significant waiting period before move-in.
Premium Price Point: The list price of $7.35 million represents a substantial investment, potentially narrowing the pool of prospective buyers.
Preliminary Design & Valuation: Architectural plans and landscaping are preliminary and subject to change, and the current list price is above the property's estimated value, indicating a potential premium.

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