308 Yale Road, Menlo Park, California 94025, Menlo Park, 94025 - 5 bed, 5 bath

308 Yale Road, Menlo Park, California 94025 home-pic-0
ACTIVE$5,480,000
308 Yale Road, Menlo Park, California 94025
5Beds
5Baths
3,718Sqft
7,500Lot
Year Built
2025
Close
-
List price
$5.48M
Original List price
$5.98M
Price/Sqft
$1,474
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024824
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $5.48M(84th), sqft - 3718(86th), beds - 5(79th), baths - 5(84th).

Exceptional Location. Approved Vision. Endless Possibility. Nestled on one of the most desirable blocks in Allied Arts, 308 Yale offers a rare opportunity to build your dream home in one of Menlo Parks most coveted neighborhoods. The tree-lined street is surrounded by beautiful newer homes, offering a timeless sense of community and charm. The approved plan, designed by Steve Simpson, one of Silicon Valleys most respected architects, features a clean modern aesthetic and a thoughtfully functional layout ideal for todays lifestyle. Highlights of the approved design include: 5 Beds, 4.5 baths, total 3,718 sq. ft. of living space, including an attached ADU. First floor: one ensuite bedroom plus a private office. Second floor: three ensuite bedrooms. A gourmet kitchen, dining, and family area that flow seamlessly into a deep, private backyard - perfect for entertaining and everyday living. Unmatched convenience close to downtown Menlo Park, Stanford University, and leading tech campuses.

Nearby schools

9/10
Oak Knoll Elementary School
Public,K-51.2mi
8/10
Hillview Middle School
Public,6-81.0mi
7/10
Menlo-Atherton High School
Public,9-121.0mi

Price History

Date
Event
Price
11/15/25
Price Change
$5,480,000-8.4%
10/14/25
Listing
$5,980,000
Condition Rating
Excellent

This listing is for a lot with approved plans for a new construction, with a 'year_built' of 2025. The description highlights a 'modern aesthetic' and 'gourmet kitchen' in the approved design. The provided images include a rendering of the future home, depicting a contemporary and high-quality build. Once constructed, the property will be brand new, featuring all new components and modern amenities, thus meeting the criteria for an 'excellent' condition.
Pros & Cons

Pros

Great Schools: Elementary School: Oak Knoll Elementary School (9/10).
Prime Menlo Park Location: Nestled on one of the most desirable blocks in Allied Arts, this property offers an exceptional location with unmatched convenience to downtown Menlo Park, Stanford University, and leading tech campuses.
Architect-Designed Approved Plans: The property comes with approved plans designed by Steve Simpson, a respected Silicon Valley architect, featuring a clean modern aesthetic and a thoughtfully functional layout, significantly de-risking the building process.
Opportunity for Custom New Construction: This is a rare opportunity to build a brand-new, custom-tailored dream home in one of Menlo Park's most coveted neighborhoods, allowing for personalized finishes and modern amenities.
Comprehensive & Modern Home Design: The approved design includes 5 beds, 4.5 baths, 3,718 sq ft of living space, an attached ADU, a private office, and a gourmet kitchen flowing into a deep, private backyard, ideal for modern living and entertaining.
Established & Charming Neighborhood: The tree-lined street is surrounded by beautiful newer homes, offering a timeless sense of community and charm, complemented by access to highly-rated local schools.

Cons

Not a Move-In Ready Property: The offering is for land with approved plans, meaning the buyer is not purchasing a completed home and must undertake the entire construction process.
Significant Additional Investment & Time: Beyond the purchase price, the buyer will incur substantial additional costs for construction and will need to manage the project, requiring a significant time commitment before occupancy.
Recent Price Reduction: The property has experienced a notable price drop from its original list price of $5.98M to $5.48M, which could indicate initial overpricing or market resistance for a lot with plans.

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