1045 College Avenue, Menlo Park, California 94025, Menlo Park, 94025 - 5 bed, 5 bath
1045 College Avenue
Menlo Park, California 94025
Property Price
SUMMARY
Analysis of 1045 College Avenue, Menlo Park, California 94025 reveals a Fairly Priced Property with a current list price of $6,648,000 aligned with the estimated $6,571,093 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Menlo Park Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1045 College Avenue Subject | $6,648,000* List Price | 5 | 5 | 4,095 | $1,605 | - |
A 1016 Lemon Street Sold | $7,220,000 | 5 | 5 | 3,536 | $2,042 | 1.0 mi |
B 94 Yale Road Sold | $7,300,000 | 4 | 6 | 4,023 | $1,815 | 0.2 mi |
C 1001 Olive Street Sold | $7,200,000 | 5 | 6 | 3,522 | $2,044 | 0.8 mi |
D 308 Yale Road Active | $4,850,000 List Price | 5 | 5 | 3,718 | $1,304 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket for a 'good' rating. The home is move-in ready and features high-quality finishes including a kitchen with granite slab counters and professional-grade stainless steel appliances. The bathrooms are well-maintained with modern fixtures and a soaking tub in the primary suite. While the home boasts a timeless modern aesthetic and premium features like hardwood floors and soaring ceilings, it does not meet the 'excellent' criteria as it lacks a full-scale renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Oak Knoll Elementary School (9/10).
- Prime Location
Situated in the prestigious Allied Arts neighborhood, the property offers unparalleled proximity to downtown Menlo Park, Palo Alto, and Stanford University, placing it in one of Silicon Valley's most desirable pockets.
- Modern Versatile Layout
The three-level floor plan features a dedicated executive office, a main-level guest suite, and a spacious lower-level recreation room with a wet bar, providing exceptional functionality for multi-generational living and remote work.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4095, other record living area = 2436.
- Limited Lot Size
The 7,384-square-foot lot is relatively modest for a 4,000+ square-foot residence at this price point, which may limit outdoor activities or the potential for significant future expansions like a pool.
- High Price-to-Land Ratio
With a list price exceeding $6.6 million on a sub-8,000 square foot lot, the property represents a high price-per-square-foot for land, which may be a consideration for buyers seeking more expansive estate grounds.
About 1045 College Avenue
Located in the coveted Allied Arts neighborhood, this residence offers sophisticated contemporary living just blocks from downtown Menlo Park, Palo Alto, Stanford University, parks, shopping & dining. Spanning three levels, the home features 5 bedrooms & 4.5 baths, soaring ceilings, abundant natural light & a timeless modern aesthetic. A wrap-around front porch welcomes you into a foyer anchored by a private executive office with fireplace, built-ins & French doors for convenient guest access. An elegant dining room with transom windows provides an inviting setting for gatherings of family & friends. The open kitchen-family great room forms the heart of the home with granite slab counters, center island, stainless appliances, breakfast area & seamless backyard access for effortless indoor-outdoor living. A main-level guest suite, powder bath & mudroom with laundry complete this level. Upstairs includes a vaulted primary suite with soaking tub & walk-in closet plus an additional en suite bedroom. The lower level offers a spacious recreation room with wet bar & counter seating, two bedrooms, bath & generous storage. A private, tranquil backyard with slate terrace, hardwood floors, 2-car garage & access to top-rated Menlo Park schools complete this rare Silicon Valley offering.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 7,384 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Menlo Park Unified Schools
Oak Knoll Elementary School
Grades K-5 • 1.1 mi
Hillview Middle School
Grades 6-8 • 0.9 mi
Menlo-Atherton High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 5.0 | 3.0 | 86% |
| Square foot | 4,095 | 2,010 | 93% |
| Lot Size | 7,384 | 6,900 | 56% |
| Price | $6.65M | $3.05M | 87% |
| Price per sq ft | $1.6K | $1.7K | 45% |
| Built year | 2006 | 1951 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 151 | 6% |
Pricing History
Listed for Sale
Feb 19, 2026
$6,648,000
Initial Listing
Sold
Sep 27, 2018
$4,500,000
Public Record
Sold
Dec 29, 2011
$3,300,000
Public Record