59 Nora Way, Atherton, California 94027, Atherton, 94027 - 4 bed, 5 bath
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59 Nora Way
Atherton, California 94027
ACTIVE
CONDITION: EXCELLENT
4Beds
5Baths
3,155Sq Ft
22,545Lot Size
Property Price
LIST PRICE$6,500,000
EST. MARKET VALUE
$6,929,280
6% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $6,500,000—positioned well below the $6,929,280 Fair Market Value by 6%. This valuation gap offers $429,280 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the property includes a detached ADU, a three-hole putting green, and updated interiors. Its central Atherton location provides a prestigious lifestyle near Stanford University. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury, move-in ready estate.
Estimated Market Value
$6,929,280+$429,280 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Atherton.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 59 Nora Way Subject 4 bd · 5 ba · 3,155 sqft · $2,196 | $6,500,000* List Price | 4 | 5 | 3,155 | $2,196 | - |
A 90 Holbrook Lane Sold 5 bd · 5 ba · 3,734 sqft · $1,875 · 1.0 mi | $7,000,000 | 5 | 5 | 3,734 | $1,875 | 1.0 mi |
B 61 Lloyden Drive Active 4 bd · 3 ba · 2,700 sqft · $1,851 · 0.3 mi | $4,999,000 List Price | 4 | 3 | 2,700 | $1,851 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1952, the property features freshly updated interiors, refinished hardwood floors, and new carpet, indicating a high-end renovation within the last 5 years that leaves it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22545, living area = 3878.
- Detached ADU & Versatility
The property features a detached guest house equipped with a kitchenette, sauna, and oversized closet, offering exceptional flexibility for guests, a home office, or multi-generational living.
- Prime Atherton Location
Situated on a generous half-acre lot in central Atherton, the home provides a prestigious address with close proximity to Stanford University and the amenities of downtown Menlo Park and Palo Alto.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1952, the property may require ongoing maintenance or further modernization of core systems to match the efficiency and scale of newer luxury builds in the area.
- Premium Pricing for Age
At a $6.5 million price point, the property faces stiff competition from more contemporary estates, which may impact buyer perception of value regarding the home's architectural era.
About 59 Nora Way
Freshly updated interiors, generous proportions, and expansive outdoor space define this central Atherton property on just over one-half acre. The single-level main residence features 4 bedrooms and 4.5 baths, with refinished hardwood floors, new carpet, and abundant natural light. Formal living and dining rooms are complemented by a spacious kitchen and adjoining family room and each bedroom is en suite, highlighted by the primary suite with direct outdoor access and spacious bath. Beyond the main residence, a detached studio/office/fitness provides exceptional flexibility with a kitchenette (no cooktop) bath, sauna, and oversized walk-in closet. The private rear yard is designed for outdoor enjoyment with a built-in barbecue center, fruit trees, perimeter redwoods, and a three-hole putting green. Downtown Menlo Park and Palo Alto, as well as Stanford University, are all just minutes away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 22,545 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.2 |
| Baths | 5.0 | 5.8 |
| Square foot | 3,155 | 5,224.75 |
| Lot Size | 22,545 | 42,278.417 |
| Price | $6.50M | $10.02M |
| Price per sq ft | $2.1K | $2.2K |
| Built year | 1952 | 1974 |
| HOA | $0 | $0 |
| Days on market | 29 | 29 |
Pricing History
Listed for Sale
Sep 25, 2026
$6,500,000
Initial Listing
Sold
Aug 5, 2015
$3,300,000
Public Record
Sold
Mar 10, 2011
$2,800,000
Public Record
Sold
May 9, 2007
$2,800,000
Public Record
Sold
Mar 10, 2005
$1,681,875
Public Record