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212 Gilbert Avenue, Menlo Park, California 94025, Menlo Park, 94025 - 3 bed, 3 bath

212 Gilbert Avenue, Menlo Park, California 94025 home-pic-0
ACTIVE$2,250,000
212 Gilbert Avenue, Menlo Park, California 94025
3Beds
3Baths
1,326Sqft
4,000Lot

Price Vs. Estimate

The estimated value ($2,250,000) is $0 (0%) lower than the list price ($2,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual Residence & Income Potential: The property features two separate residences, offering exceptional flexibility for multi-generational living, significant rental income potential, or a dedicated home office setup.
Top Cons:
Compact Living Spaces: With a total of 1326 sqft for 3 bedrooms and 3 bathrooms across two residences, individual living areas are relatively compact, which may not suit all buyer preferences.

Compared to the nearby listings

Price:$2.25M vs avg $3.20M ($-950,000)26%
Size:1,326 sqft vs avg 2,020 sqft21%
Price/sqft:$1.7K vs avg $1.6K61%

More Insights

Built in 1925 (100 years old).
Condition: The property, built in 1925, is well-maintained with clean interiors and hardwood floors throughout. However, the kitchen features outdated wood cabinets, dark laminate countertops, and older white appliances (refrigerator, gas range, range hood). The main bathroom has distinctly dated light blue square tiles around the tub/shower and an older vanity. While functional and move-in ready, these key areas show significant signs of being outdated and would require substantial updates to meet current aesthetic and feature standards, aligning with the 'Fair' condition criteria.
Year Built
1925
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$1,697
HOA
-
Days on market
-
Sold On
-
MLS number
ML82019624
Home ConditionFair
Features
Patio
View-

About this home

Nestled on a picturesque tree-lined street in the sought-after Willows neighborhood, this unique Menlo Park property offers two separate residences on one location ideal blend of flexibility, charm, and modern convenience. The front home at 212 Gilbert features 2 spacious bedrooms and 1 full bathroom, with natural light filling the living spaces. Classic architectural details are enhanced by thoughtful updates, creating a warm, move-in-ready home. Privately tucked at the rear, 214 Gilbert is a stylish 1-bedroom, 1-bathroom residence ideal for extended family, rental income, or a dedicated home office. Shared amenities include a private outdoor courtyard with garden, three off-street parking spaces, and versatile garage conversions: one garage transformed into a library with full bathroom and kitchenette, and the other offering a workshop plus a separate laundry room with full-size washer and dryer. Located in the highly acclaimed Menlo Park School District and moments from Stanford University, downtown Palo Alto, and major tech campuses, this property combines convenience with neighborhood charm. If you're a first-time buyer, a multi-generational household, or a homeowner seeking supplemental income, this exceptional offering delivers unmatched flexibility and a prime location.

Condition Rating
Fair
The property, built in 1925, is well-maintained with clean interiors and hardwood floors throughout. However, the kitchen features outdated wood cabinets, dark laminate countertops, and older white appliances (refrigerator, gas range, range hood). The main bathroom has distinctly dated light blue square tiles around the tub/shower and an older vanity. While functional and move-in ready, these key areas show significant signs of being outdated and would require substantial updates to meet current aesthetic and feature standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Dual Residence & Income Potential: The property features two separate residences, offering exceptional flexibility for multi-generational living, significant rental income potential, or a dedicated home office setup.
Prime Location: Situated in the highly sought-after Willows neighborhood, the property benefits from proximity to the acclaimed Menlo Park School District, Stanford University, downtown Palo Alto, and major tech campuses.
Versatile Converted Spaces: Garage conversions include a library with a full bathroom and kitchenette, and a workshop with a separate laundry room, adding substantial functional space and value.
Move-in Ready Front Home: The front residence at 212 Gilbert has undergone thoughtful updates, presenting a warm and move-in-ready condition for immediate occupancy.
Ample Off-Street Parking: The property provides three dedicated off-street parking spaces, a valuable amenity in a desirable and often parking-constrained area.

Cons

Compact Living Spaces: With a total of 1326 sqft for 3 bedrooms and 3 bathrooms across two residences, individual living areas are relatively compact, which may not suit all buyer preferences.
Age of Property: Built in 1925, while updated, older homes can present potential for unforeseen maintenance or system upgrades not explicitly detailed in the listing.
Limited Private Outdoor Space: The 4000 sqft lot, accommodating two residences, suggests that expansive and fully private outdoor areas for each unit may be limited, despite the shared courtyard.

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