25 Stowe Lane, Menlo Park, California 94025, Menlo Park, 94025 - 4 bed, 3 bath
ACTIVE$11,000,000
25 Stowe Lane, Menlo Park, California 94025
4Beds
3Baths
1,590Sqft
57,935Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 57935, living area = 1590.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =57935, other record lot size in square feet = 4979.
Compared to the nearby listings
Price:$11.00M vs avg $3.20M (+$7,800,000)99%
Size:1,590 sqft vs avg 2,020 sqft27%
Price/sqft:$6.9K vs avg $1.6K99%
More Insights
Built in 1971 (54 years old).
Condition: The property was built in 1971, making it over 50 years old. The listing explicitly states that the existing homes 'likely require substantial renovation or demolition,' and the description focuses on the land's development potential rather than the current structures' livability. There is no indication of major renovations within the last 50 years. The value is clearly tied to the land and its redevelopment opportunities, aligning with the 'tear-down' criteria.
Year Built
1971
Close
-
List price
$11M
Original List price
$11M
Price/Sqft
$6,918
HOA
-
Days on market
-
Sold On
-
MLS number
ML82027253
Home ConditionTear down
Features
Good View:
View-
About this home
Rarely available, 1.33 acres of property made up of 5 contiguous parcels located between Stowe Lane and the San Francisquito Creek in bucolic Stanford Weekend Acres. Parcels to be sold together. Two of the parcels are improved with MidCentury Modern homes built in the 1960s and 1970s, one parcel is improved with an original cottage seamlessly integrated into the natural environment and two parcels of vacant land. Refurbish the existing homes, build new residences, add density through SB-9, pursue further subdivision, create a family compound, or hold as a long-term investment. This exceptional property offers a rare range of possibilities. Buyer to verify all potential uses and development opportunities.
Condition Rating
Tear down
The property was built in 1971, making it over 50 years old. The listing explicitly states that the existing homes 'likely require substantial renovation or demolition,' and the description focuses on the land's development potential rather than the current structures' livability. There is no indication of major renovations within the last 50 years. The value is clearly tied to the land and its redevelopment opportunities, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
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 = 57935, living area = 1590.
Unparalleled Development Flexibility: The property offers an extraordinary range of development opportunities, including refurbishing existing homes, building new residences, adding density via SB-9, further subdivision, creating a family compound, or holding as a long-term investment.
Rare & Expansive Land Parcel: Comprising 1.33 acres (57,935 sqft) across 5 contiguous parcels, this is an exceptionally rare and substantial land offering in a highly desirable area like Menlo Park.
Premium Menlo Park Location: Located in the affluent and highly sought-after 'bucolic Stanford Weekend Acres' within Menlo Park, ensuring strong property values and a desirable lifestyle.
Multiple Existing Structures: The presence of two Mid-Century Modern homes and an original cottage provides immediate utility, potential rental income, or a foundation for phased redevelopment.
Significant Long-Term Investment Value: Given the scarcity of large, developable parcels in this prime location, the property represents a robust long-term investment with substantial appreciation potential.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =57935, other record lot size in square feet = 4979.
Complex Development & Due Diligence: The property's multi-parcel nature and extensive development potential necessitate significant buyer due diligence, navigating complex zoning, permitting, and regulatory requirements (e.g., SB-9).
Age and Condition of Existing Structures: Homes built in the 1960s and 1970s, along with an 'original cottage,' likely require substantial renovation or demolition, adding significant cost and effort beyond the acquisition price.
High Entry Price for Undeveloped Potential: The $11,000,000 list price primarily reflects the land value and development potential, meaning buyers must be prepared for substantial additional investment to realize the property's full value, narrowing the buyer pool.