2 Campo Bello Lane, Menlo Park, California 94025, Menlo Park, 94025 - 3 bed, 2 bath

2 Campo Bello Lane, Menlo Park, California 94025 home-pic-0
ACTIVE$2,950,000
2 Campo Bello Lane, Menlo Park, California 94025
3Beds
2Baths
1,860Sqft
13,148Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Menlo Park Location: Situated in a highly sought-after Menlo Park neighborhood with excellent proximity to Stanford University, Stanford Shopping Center, Sharon Park, and downtown amenities.
Top Cons:
Teardown Existing Structure: The current 1,860 SqFt residence is in poor, uninhabitable condition and is presumed to be a complete teardown, necessitating demolition costs.

Compared to the nearby listings

Price:$2.95M vs avg $3.20M ($-250,000)44%
Size:1,860 sqft vs avg 2,020 sqft39%
Price/sqft:$1.6K vs avg $1.6K48%

More Insights

Built in 1954 (71 years old).
Condition: The property was built in 1954, making it 70 years old. The listing description explicitly states the existing structure is 'in poor condition and presumed to be a teardown' and 'not considered habitable.' The images confirm an extremely outdated kitchen with old appliances, worn concrete flooring, and very old light fixtures, indicating no significant renovations in decades. The overall condition, as described and depicted, suggests the structure is beyond repair, and the property's value is based solely on the land.
Year Built
1954
Close
-
List price
$2.95M
Original List price
$2.95M
Price/Sqft
$1,586
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021304
Home ConditionTear down
Features
Patio
View-

About this home

Situated on a desirable 13,148 SqFt corner lot in Menlo Park, this property offers an outstanding opportunity to design and build a spacious new residence. Zoned R1S, the well-proportioned, mostly flat parcel features favorable dimensions and a calculated Floor Area Limit (FAL) of approximately 4,398 SqFt per City of Menlo Park planners (buyer to verify). The existing 3-bedroom, 2-bath, 1,860 SqFt structure is in poor condition and presumed to be a teardown; no inspections have been conducted, and the structure is not considered habitable. Buyers should anticipate an all-cash purchase or construction financing. Located within the highly regarded Las Lomitas Elementary, La Entrada Middle, and Menlo-Atherton High School districts, the property also benefits from excellent proximity to Stanford University, Stanford Shopping Center, Sharon Park, and downtown Menlo Park. Access to I-280 and Sand Hill Road adds convenience for commuting or investment purposes. This is a rare chance to secure a large, buildable parcel in one of the Peninsulas most sought-after neighborhoods. Buyer(s) to confirm all schools plus zoning, development, and permitting requirements with the City of Menlo Park and/or County of San Mateo.

Condition Rating
Tear down

The property was built in 1954, making it 70 years old. The listing description explicitly states the existing structure is 'in poor condition and presumed to be a teardown' and 'not considered habitable.' The images confirm an extremely outdated kitchen with old appliances, worn concrete flooring, and very old light fixtures, indicating no significant renovations in decades. The overall condition, as described and depicted, suggests the structure is beyond repair, and the property's value is based solely on the land.
Pros & Cons

Pros

Prime Menlo Park Location: Situated in a highly sought-after Menlo Park neighborhood with excellent proximity to Stanford University, Stanford Shopping Center, Sharon Park, and downtown amenities.
Top-Tier School Districts: Benefits from highly regarded school districts including Las Lomitas Elementary, La Entrada Middle, and Menlo-Atherton High School.
Substantial Development Opportunity: Offers an outstanding chance to design and build a new, spacious residence with a generous Floor Area Limit (FAL) of approximately 4,398 SqFt.
Large, Buildable Corner Lot: A desirable 13,148 SqFt corner lot, well-proportioned, mostly flat, and favorably zoned (R1S) for new construction.
Superior Commuter Accessibility: Provides convenient access to major thoroughfares like I-280 and Sand Hill Road, ideal for Silicon Valley commuters.

Cons

Teardown Existing Structure: The current 1,860 SqFt residence is in poor, uninhabitable condition and is presumed to be a complete teardown, necessitating demolition costs.
Restricted Financing Requirements: The property likely requires an all-cash purchase or specialized construction financing, potentially limiting the pool of prospective buyers.
Significant Additional Investment: Beyond the purchase price, buyers must budget for substantial costs associated with demolition, architectural design, permitting, and full new construction.

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