
Menlo Park, California 94025
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $2,900,000—positioned well above the $2,620,974 Fair Market Value by -10%. While the price reflects the premium Menlo Park location, the property’s Condition Rating of 3 and 5,300 sqft lot offer significant expansion potential. Featuring a Granite Kitchen, Central AC, and views of Lyle Park, this home is situated near Top-Rated Schools like Oak Knoll Elementary. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a prime development project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 564 Fremont Street Subject 2 bd · 1 ba · 1,000 sqft · $2,621 | $2,900,000* List Price | 2 | 1 | 1,000 | $2,621 | - |
A 740 Roble Avenue Sold 2 bd · 2 ba · 1,145 sqft · $2,031 · 0.4 mi | $2,325,000 | 2 | 2 | 1,145 | $2,031 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1940, the property has been well-maintained and updated. The kitchen features modern stainless steel appliances and granite countertops, and the bathroom is explicitly noted as updated. The inclusion of central air conditioning and a Nest thermostat indicates that the systems have been modernized within the 5-15 year range, making it move-in ready.
Elementary School: Oak Knoll Elementary School (9/10).
Ideally situated just blocks from both downtown Menlo Park and Palo Alto, this property offers exceptional access to high-end dining, shopping, Caltrain, and Stanford University, while sitting directly across from the amenities of Lyle Park.
With a 5,300 sqft lot and a modest existing footprint, the property presents a rare opportunity for a high-value expansion, remodel, or the construction of a new custom luxury residence in a premier neighborhood.
At a list price of $2.9 million for 1,000 square feet, the cost per square foot is exceptionally high, indicating that the value is almost entirely in the land and location rather than the current improvements.
The 2-bedroom, 1-bathroom configuration is restrictive for modern family needs and may necessitate immediate and costly renovations to add a second bathroom or additional living area to justify the price point.
Rarely available, this enchanting Cape Cod home offers abundant natural light in convenient location just blocks from downtown Menlo Park and Palo Alto. Originally built in the 1940s and updated over the years, it features hardwood floors throughout, plentiful south-facing windows, and French doors. An inviting foyer opens to a bright living room with a gas fireplace, brick surround, double-hung windows, and views of Lyle Park. The adjacent formal dining area connects to an outdoor porch, the kitchen features granite countertops, stainless steel appliances, gas cook-top, and double ovens. French doors from the primary bedroom open to the private backyard with a lawn and deck for outdoor dining and relaxation. A front-facing second bedroom shares an updated bath with tiled walls and a tub-shower combination. A gated driveway leads to a detached two-car garage. Central air conditioning, a Nest thermostat, and indoor laundry enhance everyday comfort. Enjoy as is or explore opportunities to expand, remodel, or build new. Across the street, Lyle Park offers a play structure, basketball court, and fields. Fantastic location, just blocks to downtown shopping, restaurants, coffee shops, Cal Train, excellent Menlo Park schools, Stanford University,Stanford hospital and downtown Palo Alto.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.6 |
| Square foot | 1,000 | 1,945.739 |
| Lot Size | 5,300 | 6,360.022 |
| Price | $2.90M | $3.38M |
| Price per sq ft | $2.9K | $1.7K |
| Built year | 1940 | 1960 |
| HOA | $0 | $359 |
| Days on market | 12 | 34 |
Oct 12, 2026
$2,900,000
Initial Listing
May 7, 2015
$1,760,000
Public Record
Jan 16, 2015
$1,551,000
Public Record