1016 Lemon Street, Menlo Park, California 94025, Menlo Park, 94025 - 5 bed, 5 bath
ACTIVE UNDER CONTRACT$7,350,000$3,536/sqft
Est. Value: $6,956,125
-5%
AboveEstimate
1016 Lemon Street, Menlo Park, California 94025
5Beds
5Baths
3,536Sqft
10,101Lot
Price Vs. Estimate
The estimated value ($6,956,124.53) is $393,875.47 (5%) lower than the list price ($7,350,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Las Lomitas Elementary School (10/10). High School: Henry M. Gunn High School (9/10).
Top 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.
Compared to the nearby listings
Price:$7.35M vs avg $3.12M (+$4,225,000)91%
Size:3,536 sqft vs avg 2,015 sqft87%
Price/sqft:$2.1K vs avg $1.6K92%
More Insights
This property has been on the market for 44 days.
Built in 2026 (0 years old).
Condition: This property is a brand new construction by Thomas James Homes, with an estimated completion in Summer 2026. The description highlights luxury finishes, top-tier Wolf and Sub-Zero appliances in the kitchen, and a spa-like primary bath, ensuring all components will be new, meet current quality standards, and have no deferred maintenance.
Year Built
2026
Close
-
List price
$7.35M
Original List price
$7.35M
Price/Sqft
$2,079
HOA
-
Days on market
44 Days
Sold On
2026-02-20
MLS number
ML82030467
Home ConditionExcellent
Features
ViewNeighborhood
About this home
Stunning new Thomas James Homes transitional-style residence on prestigious, quiet, tree-lined Lemon Street in prime Menlo Park. Set on a wide lot among beautifully maintained homes, this property offers exceptional privacy and abundant natural light. The chefs kitchen showcases top-tier Wolf and Sub-Zero appliances, an oversized island, and both walk-in and butlers pantries. The grand suite includes a spa-like bath, freestanding soaking tub, walk-in shower, and generous walk-in closet. A private ADU with kitchenette and ensuite bath provides ideal flexibility for guests or multi-gen living. This home is minutes to top-rated schools, Sharon Heights amenities, downtown Menlo Park, Stanford, and everyday shopping and dining. Buy early from Thomas James Homes to enjoy preferred pricing and design personalization. Estimated home completion is Summer 2026. *All imagery is illustrative and subject to change and does not depict the subject property.
N
Nadine Masarweh
Listing Agent
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
05/15/25
Sold
$4,125,000
Condition Rating
Excellent
This property is a brand new construction by Thomas James Homes, with an estimated completion in Summer 2026. The description highlights luxury finishes, top-tier Wolf and Sub-Zero appliances in the kitchen, and a spa-like primary bath, ensuring all components will be new, meet current quality standards, and have 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).
New Construction & Luxury Finishes: A brand new Thomas James Homes residence, estimated for completion in Summer 2026, featuring a chef's kitchen with top-tier Wolf and Sub-Zero appliances, an oversized island, and a spa-like grand suite.
Prime Menlo Park Location: Situated on a prestigious, quiet, tree-lined street in prime Menlo Park, offering convenient access to top-rated schools, Stanford University, downtown amenities, and everyday shopping and dining.
Versatile ADU: Includes a private Accessory Dwelling Unit (ADU) with a kitchenette and ensuite bath, providing exceptional flexibility for multi-generational living, guest accommodations, or potential rental income.
Generous Lot & Privacy: Set on a wide 10,101 sqft lot, the property offers exceptional privacy and abundant natural light within a beautifully maintained neighborhood.
Top-Rated School District: Located within a highly-regarded school district, with multiple top-rated public schools (e.g., Las Lomitas Elementary, Oak Knoll Elementary, Hillview Middle) 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.
Pre-Construction Uncertainty: As a pre-construction home with an estimated completion in Summer 2026, buyers are purchasing based on illustrative imagery and plans, introducing a degree of uncertainty regarding the final appearance and features.
Premium Price Point: The substantial list price of $7.35 million positions this property in the ultra-luxury market, significantly limiting the pool of potential buyers.
Delayed Occupancy: Buyers must account for a significant waiting period until Summer 2026 for the home's completion, precluding immediate move-in or rental income generation.