263 Santa Margarita Avenue, Menlo Park, California 94025, Menlo Park, 94025 - 4 bed, 4 bath
ACTIVE$4,375,000
263 Santa Margarita Avenue, Menlo Park, California 94025
4Beds
4Baths
2,556Sqft
7,079Lot
Price Vs. Estimate
The estimated value ($4,296,509.21) is $78,490.79 (1%) lower than the list price ($4,375,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Modern Renovation: The property was totally rebuilt to the studs with a second floor added in 2011, offering a virtually new construction feel with contemporary design and high-quality finishes.
Top Cons:
Limited Garage Capacity: The property features only a one-car garage, which may be insufficient for a 4-bedroom home in this luxury market where multi-car households are common.
Compared to the nearby listings
Price:$4.38M vs avg $3.20M (+$1,175,000)71%
Size:2,556 sqft vs avg 2,058 sqft67%
Price/sqft:$1.7K vs avg $1.6K62%
More Insights
Built in 1948 (77 years old).
Condition: This property, though originally built in 1948, was 'totally rebuilt to the studs with a 2nd floor added in 2011.' This extensive renovation effectively makes it a 2011 construction in terms of quality and modernity. The description highlights an 'updated gourmet kitchen with large island,' '2 ensuite bedrooms,' and a 'primary upstairs with walk-in closet, fireplace, soaking tub, heated bathroom floors and balcony.' Images confirm a pristine, modern aesthetic throughout, featuring high-end stainless steel appliances, contemporary cabinetry, granite/quartz countertops, hardwood flooring, recessed lighting, and luxurious bathroom finishes. Recent additions like $80k in solar panels with a backup battery, an EV charger, and a tankless water heater further underscore its excellent, updated condition and energy efficiency. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1948
Close
-
List price
$4.38M
Original List price
$4.38M
Price/Sqft
$1,712
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025001
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood
About this home
Best of Tour! Welcome to this STUNNING & IMMACULATE Menlo Oaks home totally rebuilt to the studs with 2nd floor added in 2011, designed with an eye towards blending the interior with the surroundings. Offering 4 bedrooms, 3.5 baths, with 2 ensuite bedrooms, a large living room and dining area with 12' vaulted ceilings, an updated gourmet kitchen with large island, inside laundry, 3 fireplaces and a one car garage. The bright primary bedroom on the main floor with large picture windows opens to the rear yard making it deal for indoor/outdoor living, plus additional primary upstairs with walk-in closet, fireplace, soaking tub, heated bathroom floors and balcony overlooking garden. New interior paint, $80k in solar panels with back-up battery and EV charger, plus a tankless water heater. Stellar Menlo Park schools. All this is in close proximity to everything Peninsula has to offer, including downtown Menlo Park, Library, Parks, and vibrant Palo Alto. Cal Train and an easy commute to 280 & 101.
Nearby schools
8/10
Laurel Elementary School
Public,•K-5•0.7mi
8/10
Hillview Middle School
Public,•6-8•2.2mi
7/10
Menlo-Atherton High School
Public,•9-12•0.5mi
Condition Rating
Excellent
This property, though originally built in 1948, was 'totally rebuilt to the studs with a 2nd floor added in 2011.' This extensive renovation effectively makes it a 2011 construction in terms of quality and modernity. The description highlights an 'updated gourmet kitchen with large island,' '2 ensuite bedrooms,' and a 'primary upstairs with walk-in closet, fireplace, soaking tub, heated bathroom floors and balcony.' Images confirm a pristine, modern aesthetic throughout, featuring high-end stainless steel appliances, contemporary cabinetry, granite/quartz countertops, hardwood flooring, recessed lighting, and luxurious bathroom finishes. Recent additions like $80k in solar panels with a backup battery, an EV charger, and a tankless water heater further underscore its excellent, updated condition and energy efficiency. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Extensive Modern Renovation: The property was totally rebuilt to the studs with a second floor added in 2011, offering a virtually new construction feel with contemporary design and high-quality finishes.
Premium Energy Efficiency & Technology: Significant investments include $80k in solar panels with a back-up battery, an EV charger, and a tankless water heater, providing substantial energy savings and modern conveniences.
Luxurious & Flexible Living Spaces: Features include 4 bedrooms, 3.5 baths with two ensuite primary bedrooms, 12' vaulted ceilings, an updated gourmet kitchen with a large island, and a luxurious upstairs primary suite with heated bathroom floors and a balcony.
Exceptional Location & Schools: Situated in a highly desirable Menlo Park location with access to stellar schools, and close proximity to downtown Menlo Park, Palo Alto, Cal Train, and major freeways (280 & 101).
Seamless Indoor/Outdoor Living: Designed to blend interior with surroundings, highlighted by a main floor primary bedroom with large picture windows opening directly to the rear yard, ideal for California living.
Cons
Limited Garage Capacity: The property features only a one-car garage, which may be insufficient for a 4-bedroom home in this luxury market where multi-car households are common.
Absence of Central Air Conditioning: There is no mention of a cooling system, which could be a significant drawback for comfort during warmer months, especially for a rebuilt luxury home.
Standard Neighborhood View: While the property is designed to integrate with its surroundings, the listed 'Neighborhood' view may not meet the expectations of buyers seeking more expansive or private vistas at this price point.