349 Walsh Road, Atherton, California 94027, Atherton, 94027 - 5 bed, 8 bath
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Atherton, California 94027
Analysis of 349 Walsh Road, Atherton, California 94027 is currently available with a list price of $49,680,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Atherton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features ultra-modern architectural design, dual high-end kitchens with Miele appliances, and state-of-the-art systems including solar power with Tesla Powerwalls and smart home integration.
Elementary School: Las Lomitas Elementary School (10/10).
This brand-new 2025 estate features world-class design by Mike Khalesi, boasting high-end finishes like onyx-clad walls, a sculptural floating staircase, and motorized glass walls that create a seamless indoor-outdoor luxury experience.
The property is a self-contained resort with a 9-seat theater, a fitness center with steam and sauna rooms, a 56-foot pool with waterfalls, and a separate 2-bedroom ADU, all supported by advanced solar power and 4 Tesla Powerwalls.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 11968, other record living area = 3120.
A substantial price reduction of nearly $8 million from the original $57.5 million listing suggests initial overpricing and may indicate a challenging market for ultra-luxury assets at this specific price point.
The massive 11,968 square foot scale combined with intricate features like living plant walls, programmable waterfalls, and extensive smart systems will require significant and costly ongoing professional management.
Villa Anahid Just completed---architectural masterpiece showcasing 3 above-ground levels w/exceptional design by Mike Khalesi, Beverley Hills One. 5 bedrooms, 6 full baths & 2 half-baths, plus a separate 2-bedroom, 2.5-bath ADU w/kitchen and laundry. A sculptural floating staircase spans all 3 levels plus there is an elevator. Dramatic living spaces include an entry level lounge with fireplace, refreshment center, wine cellar display wall, living plant wall, and theater with seating for 9. Second level main living/dining area has motorized retractable glass walls and an onyx-clad fireplace wall. Two exceptional kitchens, one for a personal chef and each with Miele appliances. This level also has a family room open to the kitchen, bedroom suite & fitness center with steam room and large sauna. Top floor primary suite w/tremendous private terrace, three additional suites, spacious lounge, & access to the ADU. Incredible outdoor amenities include a 56-foot pool w/sheer descent waterfall, oversized spa, barbecue center & programmable waterfalls. Smart features throughout plus solar power with 4 Tesla Powerwalls and 5 EV charging outlets. Excellent Las Lomitas schools. This home is close to Stanford University, venture capital centers, SF tech companies & 2 international airports.
No exterior & parking available.
Grades K-3 • 0.3 mi
Grades 4-8 • 0.9 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 5.0 | 50% |
| Baths | 8.0 | 6.0 | 73% |
| Square foot | 11,968 | 5,017 | 93% |
| Lot Size | 44,842 | 41,464 | 87% |
| Price | $49.68M | $10.70M | 93% |
| Price per sq ft | $4.2K | $1.9K | 87% |
| Built year | 2025 | 1990 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 168 | 13% |
Apr 20, 2026
$49,680,000
$57,500,000
-14% Price Drop
Initial Listing
Feb 1, 2026
$57,500,000
Initial Listing
Jul 27, 2020
$4,500,000
Public Record