196 Patricia Drive, Atherton, California 94027, Atherton, 94027 - 5 bed, 8 bath

196 Patricia Drive, Atherton, California 94027 home-pic-0

196 Patricia Drive

Atherton, California 94027

ACTIVE
CONDITION: EXCELLENT
5Beds
8Baths
6,914Sq Ft
44,255Lot Size

Property Price

LIST PRICE$25,800,000

SUMMARY

Analysis of 196 Patricia Drive, Atherton, California 94027 is currently available with a list price of $25,800,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Atherton 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.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2024 custom-built estate featuring state-of-the-art modern luxury finishes, a chef's kitchen with dual islands, and high-end smart home technology. As a new construction, all systems and components are in pristine condition with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44255, living area = 6914.

  • Modern New Construction

    Completed in 2024, this custom estate offers the latest in architectural design and smart home technology, ensuring a turnkey experience with no immediate capital expenditure required.

  • Elite Location

    Situated in Atherton, one of the nation's most prestigious zip codes, the property offers unparalleled status and proximity to Silicon Valley's major tech hubs.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =44255, other record lot size in square feet = 35360. Living area discrepancy between mls listing and other public or private record. mls listing living area = 6914, other record living area = 5503.

  • High Price Point

    With a list price of $25.8 million, the property sits at a luxury premium that significantly narrows the pool of potential qualified buyers.

  • Bedroom Configuration

    Despite the expansive 6,914 square footage and eight bathrooms, the five-bedroom layout may be perceived as insufficient for buyers seeking more guest or family accommodations at this price level.

About 196 Patricia Drive

Completed in 2024, this extraordinary, custom-built Atherton estate represents the pinnacle of modern luxury living with unmatched quality, architectural presence and refined design. Offering 5 bedrooms and 8 baths, the residence blends grand scale with thoughtful functionality tailored to today's most discerning buyer. A meticulously landscaped entry courtyard with water feature and dramatic pivot door opens to light-filled interiors, including formal living and dining spaces, wet bar and wine cellar. The chef's kitchen features dual islands, walls of glass and seamless flow into the expansive family great room with disappearing glass doors for true indoor-outdoor living. The upstairs primary suite offers a spa-inspired bath and private relaxation terrace, complemented by a dedicated executive office. Resort-style grounds include a pool, spa, expansive lawn, covered loggia with outdoor fireplace and al fresco dining pavilion creating an ideal setting for entertaining or hosting large gatherings. Amenities such as a golf simulator, fully equipped gym, voice-activated smart home system, private motor court, and four-car garage space complete this exceptional offering. A rare opportunity to own a newly completed modern estate in one of Silicon Valley's most prestigious enclaves.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2024
Lot Size
44,255 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
8 (8 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.05.0
50%
Baths8.05.0
83%
Square foot6,9143,780
72%
Lot Size44,25542,511.5
78%
Price$25.80M$9.20M
94%
Price per sq ft$3.7K$1.9K
83%
Built year20241974
83%
HOA$0$0
50%
Days on market10161
6%

Pricing History

Listed for Sale

Feb 25, 2026

$25,800,000

Initial Listing

Sold

Dec 22, 2020

$5,500,000

Public Record

Sold

Jun 12, 2013

$3,998,000

Public Record

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