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$4,850,000$3,718/sqft
Est. Value: $5,401,745
11%
BelowEstimate
308 Yale Road, Menlo Park, California 94025
5Beds
5Baths
3,718Sqft
7,500Lot

Price Vs. Estimate

The estimated value ($5,401,744.72) is $551,744.72 (11%) higher than the list price ($4,850,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Oak Knoll Elementary School (9/10).
Top Cons:
Substantial Additional Investment Required: The listed price covers the land and approved plans, but buyers must account for significant additional construction costs to complete the home.

Compared to the nearby listings

Price:$4.85M vs avg $3.12M (+$1,725,000)80%
Size:3,718 sqft vs avg 2,015 sqft88%
Price/sqft:$1.3K vs avg $1.6K24%

More Insights

Built in 2026 (0 years old).
Condition: This listing is for a new construction opportunity with approved plans for a modern, high-quality home to be built in 2026. The description highlights a 'gourmet kitchen' and a 'clean modern aesthetic' designed by a respected architect. While not yet built, the property, upon completion, will be brand new with all components meeting current quality standards, aligning perfectly with the 'Excellent' criteria for a newly built property.
Year Built
2026
Close
-
List price
$4.85M
Original List price
$4.85M
Price/Sqft
$1,304
HOA
-
Days on market
-
Sold On
-
MLS number
ML82031075
Home ConditionExcellent
Features
Patio
View-

About this home

Dont miss your final chance to build your dream home in this truly 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.

X
Xin Jiang
Listing Agent

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
12/16/24
Sold
$3,418,000
Condition Rating
Excellent

This listing is for a new construction opportunity with approved plans for a modern, high-quality home to be built in 2026. The description highlights a 'gourmet kitchen' and a 'clean modern aesthetic' designed by a respected architect. While not yet built, the property, upon completion, will be brand new with all components meeting current quality standards, aligning perfectly with the 'Excellent' criteria for a newly built property.
Pros & Cons

Pros

Great Schools: Elementary School: Oak Knoll Elementary School (9/10).
Prime Allied Arts Location: Situated on a highly desirable, tree-lined street in Allied Arts, offering unmatched convenience to downtown Menlo Park, Stanford University, and leading tech campuses.
Approved Custom Build Opportunity: Features an 'Approved Vision' with plans by respected architect Steve Simpson, significantly streamlining the process for building a bespoke dream home.
Modern & Functional Design: The approved plans boast a clean modern aesthetic with a thoughtfully functional layout, including 5 beds, 4.5 baths, a private office, and an attached ADU.
Seamless Indoor-Outdoor Living: Designed with a gourmet kitchen, dining, and family area that flow seamlessly into a deep, private backyard, ideal for entertaining and everyday living.
Access to Top-Rated Schools: Located within proximity to highly-rated public schools including Oak Knoll Elementary (9), Hillview Middle (8), and Menlo-Atherton High (7).

Cons

Substantial Additional Investment Required: The listed price covers the land and approved plans, but buyers must account for significant additional construction costs to complete the home.
Not Move-in Ready: As a build opportunity, the property requires the buyer to undertake and manage the entire construction process, delaying immediate occupancy.
Extended Timeline to Occupancy: The nature of new construction means a considerable waiting period from purchase to move-in, which may not suit buyers seeking immediate housing solutions.
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