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269 Selby Lane, Atherton, California 94027, Atherton, 94027 - 6 bed, 5 bath

269 Selby Lane, Atherton, California 94027 home-pic-0
ACTIVE$11,000,000$4,300/sqft
Est. Value: $10,944,070
%
FairlyEstimate
269 Selby Lane, Atherton, California 94027
6Beds
5Baths
4,300Sqft
61,806Lot

Price Vs. Estimate

The estimated value ($10,944,069.66) is $55,930.34 (0%) lower than the list price ($11,000,000). This property may be overpriced.

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 = 61806, living area = 4300.
Top Cons:
Age of Property & Potential System Updates: Built in 1927, the property, despite some mentioned updates, may require further investment in modernizing core systems (e.g., plumbing, electrical, HVAC) not explicitly stated as fully renovated throughout the entire estate.

Compared to the nearby listings

Price:$11.00M vs avg $8.00M (+$2,999,999)71%
Size:4,300 sqft vs avg 3,770 sqft57%
Price/sqft:$2.6K vs avg $1.8K76%

More Insights

Built in 1927 (99 years old).
Condition: Built in 1927, this estate features an 'updated kitchen' and a 'heated-floor bathroom' in one primary suite, indicating significant renovations. While the kitchen (wood cabinets, granite, older black appliances) and bathroom (vessel sinks, tiled) appear well-maintained and functional, their style suggests updates that are likely 10-15 years old rather than brand new. The property is move-in ready with a blend of timeless elegance and modern comfort, but the age of the core structure and the noted absence of central air conditioning prevent it from being rated 'Excellent'.
Year Built
1927
Close
-
List price
$11M
Original List price
$11M
Price/Sqft
$2,558
HOA
-
Days on market
-
Sold On
-
MLS number
ML82028964
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

"THE ZIP CODE 94027 BELONGS TO ATHERTON, CALIFORNIA, AN AREA CONSISTENTLY RANKED AS ONE OF THE MOST EXPENSIVE AND "TROPHY" REAL ESTATE MARKETS IN THE UNITED STATES." Nestled in the heart of Atherton on a sun-drenched, level 1.42 acre parcel, exceptional estate blends timeless elegance with modern comfort. A grand adobe fireplace, an inviting living room, the formal dining room is ideal for memorable gatherings.The updated kitchen,finished in a rich, warm palette, opens to a charming breakfast room with garden-view windows perfect for morning coffee.The spacious family room-currently configured as a luxurious primary suite-features a fireplace,heated-floor bathroom & a large custom walk-in closet.Upstairs,5 generous bedrooms & 3 additional baths, including a stunning main primary suite,provide ample space for family.Step outside to your private oasis:a full tennis court,sparkling pool & spa with brick decking,a pool cabana with changing rooms & a half-bath,all surrounded by lush,manicured grounds.Enjoy a coveted central location with access to acclaimed Las Lomitas schools,& Sand Hill Road, Stanford University & Silicon Valleys top employers.This is Atherton living at its finest-perfectly positioned between San Francisco & San Jose International airports for ultimate convenience.

F
Frank Liu
Listing Agent

Price History

Date
Event
Price
08/02/23
Sold
$8,100,000
Condition Rating
Good
Built in 1927, this estate features an 'updated kitchen' and a 'heated-floor bathroom' in one primary suite, indicating significant renovations. While the kitchen (wood cabinets, granite, older black appliances) and bathroom (vessel sinks, tiled) appear well-maintained and functional, their style suggests updates that are likely 10-15 years old rather than brand new. The property is move-in ready with a blend of timeless elegance and modern comfort, but the age of the core structure and the noted absence of central air conditioning prevent it from being rated 'Excellent'.
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 = 61806, living area = 4300.
Elite Location & Prestige: Situated in Atherton (94027), consistently ranked among the most expensive and 'trophy' real estate markets in the U.S., offering unparalleled prestige and investment value.
Expansive & Amenity-Rich Grounds: A sun-drenched, level 1.42-acre parcel featuring a full tennis court, sparkling pool & spa with brick decking, a pool cabana with changing rooms, and lush, meticulously manicured landscaping.
Elegant & Updated Interiors: The estate blends timeless elegance with modern comfort, highlighted by a grand adobe fireplace, formal dining room, and an updated kitchen finished in a rich, warm palette.
Ample & Flexible Living Spaces: Offers 6 generous bedrooms and 5 baths, including two luxurious primary suites (one on the main level with a heated-floor bathroom and custom walk-in closet, and a stunning main primary suite upstairs), providing ample space and flexibility for various living arrangements.
Strategic Silicon Valley Access: Coveted central location with access to acclaimed Las Lomitas schools, proximity to Sand Hill Road, Stanford University, Silicon Valley's top employers, and convenient positioning between major international airports.

Cons

Age of Property & Potential System Updates: Built in 1927, the property, despite some mentioned updates, may require further investment in modernizing core systems (e.g., plumbing, electrical, HVAC) not explicitly stated as fully renovated throughout the entire estate.
High Maintenance for Extensive Amenities: The extensive outdoor amenities, including a full tennis court, large pool/spa, and manicured grounds, will incur significant ongoing maintenance costs and time commitment for the homeowner.
Absence of Central Air Conditioning: The property description does not mention a central air conditioning system, which could be a significant drawback for comfort during warmer months, especially for a luxury estate in California.
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