
Atherton, California 94027
This Historic West Atherton Estate is a Prime Investment Opportunity listed at $24,998,000—positioned well below the $25,626,217 Fair Market Value by 2%. This valuation gap provides $628,217 in Instant Equity. Boasting a Move-in Ready Condition, the 1.45-acre property features a rare 12-car showroom garage, a 10-seat theater, and a two-bedroom guest house. Located near Stanford, this legacy residence combines architectural pedigree with modern amenities, making it an ideal match for luxury estate collectors or high-net-worth families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 241 Polhemus Avenue Subject | $24,998,000* List Price | 8 | 11 | 11,090 | $2,311 | - |
A 35 Barry Lane Sold | $23,988,888 | 7 | 10 | 11,257 | $2,131 | 0.6 mi |
B 89 Tallwood Court Sold | $23,500,000 | 6 | 6 | 10,688 | $2,199 | 1.0 mi |
C 1 Tallwood Court Sold | $18,000,000 | 6 | 9 | 10,047 | $1,792 | 0.9 mi |
D 167 Almendral Avenue Active | $24,500,000 List Price | 8 | 8 | 8,805 | $2,783 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with high-end finishes that reflect meticulous maintenance. Although the major renovation occurred in 2001, the kitchen is equipped with professional-grade stainless steel appliances and marble countertops that remain stylish. The interior features premium materials, including ornate wood-beamed and coffered ceilings, dark hardwood floors, and custom millwork. The overall quality and the presence of luxury amenities like the 12-car showroom garage and updated theater suggest the home has been well-preserved and updated beyond the typical wear of a 20-year-old renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 63119, living area = 11090.
The property features an extraordinary 12-car underground garage of over 3,700 square feet finished to showroom standards, a highly coveted and rare asset for luxury collectors.
Situated on 1.45 level acres in one of Silicon Valley's most prestigious neighborhoods, the estate offers proximity to Stanford, Sand Hill Road, and top-tier private schools.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 11090, other record living area = 10772. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 6.
While extensively renovated in 2001, the interior finishes and systems may require modern updates to align with the current aesthetic preferences of ultra-high-net-worth buyers.
The massive scale of the residence, 11 bathrooms, and expansive grounds will necessitate significant ongoing costs for maintenance, landscaping, and staffing.
Set on approximately 1.45 level acres in the heart of west Atherton, this exceptional estate blends historic pedigree with modern livability. Extensively renovated and expanded in 2001, the residence reflects timeless architecture with the scale and amenities expected in one of Silicon Valley's most sought-after neighborhoods. The home, defined by grand proportions, spans over 12,000 livable square feet across three levels plus a guest house. Signature elements include carved stone fireplaces, arched windows and a series of formal and casual spaces designed for both entertaining and everyday living. Amenities are extensive: a luxurious primary suite with dual dressing rooms, steam room and gym; a wine cellar with tasting room; a 10-seat theater; library and billiards room with bar; and a rare 12-car underground garage of over 3,700 square feet finished to a showroom standard. The property includes six bedroom suites in the main residence, along with a two-bedroom guest house with office, ideal for extended stays or multigenerational living. Resort-style grounds feature a pool, spa, outdoor kitchen, rose garden and expansive lawns framed by mature trees. Located close to top private schools, Stanford, Sand Hill & Hwy 280, this is a rare opportunity in a premier Atherton setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 5.0 | 93% |
| Baths | 11.0 | 6.0 | 87% |
| Square foot | 11,090 | 5,017 | 87% |
| Lot Size | 63,119 | 41,464 | 87% |
| Price | $25.00M | $10.70M | 93% |
| Price per sq ft | $2.3K | $1.9K | 73% |
| Built year | 1922 | 1958 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 168 | 7% |
Apr 13, 2026
$24,998,000
Initial Listing