
Atherton, California 94027
This Atherton Estate represents a High-Potential Investment Opportunity, listed at $9,950,000—positioned above the $9,276,189 Fair Market Value. While priced for the land's prestige, the property features a Condition Rating of 3, offering a move-in-ready residence with a pool, spa, and screened-in gazebo. The expansive 1.01-acre lot provides significant development potential for future expansion or custom construction. This rare, gated sanctuary near the Menlo Circus Club is an ideal acquisition for Luxury Homeowners or Real Estate Developers seeking a premier Atherton address.
Property is move-in ready.
Although built in 1964, the property has undergone high-quality renovations likely within the last 10-15 years. The kitchen features stone countertops and stainless steel appliances, and the interior boasts updated recessed lighting, skylights, and well-maintained hardwood floors. The home is move-in ready and functional, fitting the criteria for a well-maintained older home with a mid-range renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44000, living area = 3981.
Situated just one block from the exclusive Menlo Circus Club in Atherton, the property offers unparalleled prestige and close proximity to elite public and private schools.
The over one-acre level lot provides exceptional privacy and features a private well, a pool, a spa, and a screened gazebo, creating a resort-like atmosphere.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3981, other record living area = 3100. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1964, the home may require significant modernization of its core systems and architectural style to meet the expectations of contemporary luxury buyers.
With a list price near $10M for under 4,000 square feet, the value is heavily concentrated in the land, which may deter buyers seeking a turn-key modern mansion at this price point.
More than one level acre of gated privacy just one block from the Menlo Circus Club is the setting for this light-filled, move-in-ready home. Classic and timeless in character, the primarily one-level floor plan features 4 generously sized bedrooms and 4 baths with hardwood floors, refined millwork, and numerous French doors throughout the main level. Spacious formal and casual living venues provide wonderful flexibility, with numerous connections to the expansive rear grounds. The 1.01-acre property with private well features a pool and spa, screened-in gazebo, mature trees, and vast areas for outdoor living and recreation. There are two separate 2-car garages, plus significant off-street parking. Wonderfully comfortable as it is today, this property also presents possibilities for future renovation, expansion, or new construction, all in a private setting with close proximity to excellent public and private schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.2 |
| Baths | 4.0 | 5.8 |
| Square foot | 3,981 | 5,224.75 |
| Lot Size | 44,000 | 42,278.417 |
| Price | $9.95M | $10.02M |
| Price per sq ft | $2.5K | $2.2K |
| Built year | 1964 | 1974 |
| HOA | $0 | $0 |
| Days on market | 8 | 29 |
Oct 16, 2026
$9,950,000
Initial Listing