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5 Artisan Way, Menlo Park, California 94025, Menlo Park, 94025 - 3 bed, 4 bath

5 Artisan Way, Menlo Park, California 94025 home-pic-0
ACTIVE$1,799,000
5 Artisan Way, Menlo Park, California 94025
3Beds
4Baths
1,830Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Oak Knoll Elementary School (9/10).
Top Cons:
Monthly Association Fees: A monthly association fee of $345 adds a recurring cost to homeownership, which may be a consideration for budget-conscious buyers.

Compared to the nearby listings

Price:$1.80M vs avg $1.93M ($-135,500)50%
Size:1,830 sqft vs avg 1,987.5 sqft50%
Price/sqft:$983 vs avg $99550%

More Insights

Built in 2014 (11 years old).
Condition: Built in 2014, this townhouse is exactly 10 years old, fitting the 'Excellent' criteria for properties built within 10 years. The images and description confirm a modern aesthetic throughout, with a kitchen featuring stainless steel appliances, light stone countertops, subway tile backsplash, and rich wood cabinets, all in pristine condition. Bathrooms are equally modern with en-suite access for all bedrooms, contemporary vanities, and tiled floors. Hardwood flooring is prevalent in living areas and bedrooms, and lighting consists primarily of modern recessed fixtures. The property shows no signs of deferred maintenance and meets current quality standards.
Year Built
2014
Close
-
List price
$1.8M
Original List price
$2M
Price/Sqft
$983
HOA
$345
Days on market
-
Sold On
-
MLS number
ML82023021
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Beautiful Newer 3 Bed, 3.5 Bath Townhouse Near Downtown This beautiful townhouse is 0.5 miles from downtown Menlo Park and the Stanford Shopping Center. Even downtown Palo Alto is only about 0.75 miles away. An incredible number of cafes and shops are a short walk away. Nearby Nealon Park puts outdoor recreation a block away. If you like bicycling, nearby Sand Hill Rd is a favorite route to the Santa Cruz Mountains or to the Portola Valley - Woodside loop. The Allied Arts Guild hosts community events and numerous art studios and shops. Nearby Stanford University hosts numerous public events and you don't need a car to reach them, a bike or walking will be fine. This home has both a covered porch and a balcony where you can enjoy reading and refreshments outdoors. The modern kitchen has stainless steel appliances, light colored stone counter tops, high subway tile backsplash, rich stained wood cabinets and a wood plank floor, forming a delightful place to prepare meals. The kitchen is open to the dining room and to the living room beyond. It is a great floor plan for either daily family life or entertaining. All three bedrooms have their own bath en-suite. The bedroom on the ground floor could be a great guest room, an office, or a recreation room.

Nearby schools

9/10
Oak Knoll Elementary School
Public,•K-5•1.6mi
8/10
Hillview Middle School
Public,•6-8•1.3mi
7/10
Menlo-Atherton High School
Public,•9-12•0.7mi
Condition Rating
Excellent
Built in 2014, this townhouse is exactly 10 years old, fitting the 'Excellent' criteria for properties built within 10 years. The images and description confirm a modern aesthetic throughout, with a kitchen featuring stainless steel appliances, light stone countertops, subway tile backsplash, and rich wood cabinets, all in pristine condition. Bathrooms are equally modern with en-suite access for all bedrooms, contemporary vanities, and tiled floors. Hardwood flooring is prevalent in living areas and bedrooms, and lighting consists primarily of modern recessed fixtures. The property shows no signs of deferred maintenance and meets current quality standards.
Pros & Cons

Pros

Great Schools: Elementary School: Oak Knoll Elementary School (9/10).
Exceptional Location: The property boasts an unparalleled location, being within walking distance to downtown Menlo Park, Stanford Shopping Center, downtown Palo Alto, and Stanford University, offering convenient access to amenities, employment, and cultural attractions.
Modern Construction & Condition: Built in 2014, this newer townhouse features contemporary design, a modern kitchen equipped with stainless steel appliances, stone countertops, and subway tile backsplash, indicating excellent condition and up-to-date finishes.
Functional & Flexible Layout: All three bedrooms include their own en-suite bathrooms, providing privacy and convenience. The ground-floor bedroom offers versatility as a guest suite, office, or recreation room, catering to diverse lifestyle needs.
Access to Top-Rated Schools: The property is situated within a highly-regarded school district, with nearby elementary, middle, and high schools all receiving excellent ratings, making it a strong draw for families.
Private Outdoor Amenities: The inclusion of both a covered porch and a balcony provides desirable private outdoor spaces for relaxation, reading, and enjoying refreshments.

Cons

Monthly Association Fees: A monthly association fee of $345 adds a recurring cost to homeownership, which may be a consideration for budget-conscious buyers.
Townhouse Configuration: As a townhouse, the property likely features shared walls and potentially less private outdoor space compared to a single-family home, which might not align with all buyer preferences for privacy and yard size.
Recent Price Reduction: The property has undergone a significant price reduction from its original listing price, which could prompt potential buyers to question its market value or previous challenges in attracting offers.

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