251 Ivy Drive, Menlo Park, California 94025, Menlo Park, 94025 - 4 bed, 3 bath
ACTIVE UNDER CONTRACT$1,098,000$1,800/sqft
251 Ivy Drive, Menlo Park, California 94025
4Beds
3Baths
1,800Sqft
6,339Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: The property boasts a prime Menlo Park location with excellent access to major freeways and leading tech campuses, ensuring high desirability and strong appreciation potential.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1800, other record living area = 1600. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Compared to the nearby listings
Price:$1.10M vs avg $3.05M ($-1,952,000)1%
Size:1,800 sqft vs avg 1,985 sqft37%
Price/sqft:$610 vs avg $1.6K1%
More Insights
This property has been on the market for 35 days.
Built in 1930 (96 years old).
Condition: Built in 1930 and explicitly described as a 'fixer-upper' in need of renovation, this property shows significant age-related deterioration. The kitchens and bathrooms are severely outdated with old cabinets, worn countertops, and basic fixtures, requiring substantial rehabilitation. While some areas have newer laminate flooring and a few updated appliances, the overall condition, including likely outdated major systems, necessitates extensive repairs to meet modern living standards.
Year Built
1930
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$610
HOA
-
Days on market
35 Days
Sold On
2026-02-10
MLS number
ML82030341
Home ConditionPoor
Features
View-
About this home
Prime Menlo Park location with easy access to major freeways and close proximity to leading tech campuses. This property is a fixer-upper, offering excellent potential for investors, flippers, or owner-occupants looking to build instant sweat equity. The home has been used as a long-term rental and is in need of renovation. A separate studio above the garage, complete with its own bathroom and kitchenette, provides flexibility for in-law living, guest use, or potential rental income.
T
Triet M. Nguyen
Listing Agent
Nearby schools
8/10
Laurel Elementary School
Public,•K-5•0.8mi
2/10
Belle Haven Elementary School
Public,•K-8•0.2mi
8/10
Hillview Middle School
Public,•6-8•3.1mi
7/10
Menlo-Atherton High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
06/18/21
Sold
$1,150,000
06/18/21
Sold
$1,170,000
12/16/10
Sold
$320,000
Condition Rating
Poor
Built in 1930 and explicitly described as a 'fixer-upper' in need of renovation, this property shows significant age-related deterioration. The kitchens and bathrooms are severely outdated with old cabinets, worn countertops, and basic fixtures, requiring substantial rehabilitation. While some areas have newer laminate flooring and a few updated appliances, the overall condition, including likely outdated major systems, necessitates extensive repairs to meet modern living standards.
Pros & Cons
Pros
Prime Location: The property boasts a prime Menlo Park location with excellent access to major freeways and leading tech campuses, ensuring high desirability and strong appreciation potential.
Accessory Dwelling Unit (ADU) Potential: A separate studio above the garage, complete with a bathroom and kitchenette, offers versatile use as an ADU, guest suite, or a valuable source of rental income.
Value-Add Opportunity: As a designated 'fixer-upper,' this property presents a significant opportunity for investors or owner-occupants to build substantial sweat equity through strategic renovation and customization.
Strong School District: Located within a highly-regarded school district, the property benefits from proximity to top-rated educational institutions, a key attraction for families.
Generous Lot Size: The 6,339 sqft lot provides ample outdoor space, offering potential for expansion, extensive landscaping, or creating desirable recreational areas.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1800, other record living area = 1600. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Extensive Renovation Required: Explicitly described as a 'fixer-upper' and 'in need of renovation,' the property demands significant capital investment and effort to bring it to modern standards.
Age-Related Deterioration: Built in 1930, the home likely features outdated systems, infrastructure, and finishes that will necessitate comprehensive upgrades and modernization.
Deferred Maintenance: Its history as a long-term rental often indicates a higher likelihood of deferred maintenance and wear and tear, potentially leading to unforeseen repair costs for a new owner.