
California
This Custom New Construction Opportunity is listed at $7,195,000, representing a premium entry into the Downtown Menlo Park market aligned with its $6,980,992 Fair Market Value. Boasting a Pristine Condition Rating, this build-to-suit project by Thomas James Homes allows for complete personalization of a 3,458 sqft modern sanctuary. The property is anchored by an elite education profile, including Las Lomitas Elementary (10/10) and Gunn High (9/10). This rare offering combines architectural excellence with a high-lifestyle location, making it the ultimate choice for luxury-seeking families or Silicon Valley professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 725 Evergreen Street Subject | $7,195,000* List Price | 4 | 5 | 3,458 | $2,019 | - |
A 1016 Lemon Street Sold | $7,220,000 | 5 | 5 | 3,536 | $2,042 | 0.1 mi |
B 1001 Olive Street Sold | $7,200,000 | 5 | 6 | 3,522 | $2,044 | 0.3 mi |
C 20 Politzer Drive Sold | $6,630,000 | 3 | 4 | 2,969 | $2,233 | 0.4 mi |
D 845 Magnolia Street Sold | $6,218,000 | 3 | 3 | 3,050 | $2,039 | 0.2 mi |
E 1100 Hobart Street Active | $6,485,000 List Price | 5 | 5 | 3,529 | $1,838 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This listing represents a new construction opportunity with an estimated completion date of Summer/Fall 2023. As a custom build with Thomas James Homes, the property, once completed, will feature all new components, including a modern kitchen with new appliances, contemporary bathrooms, and up-to-date systems, meeting the highest current quality standards. The images provided are architectural renderings and program details, reinforcing that this is a brand-new, build-to-suit home.
Located in the highly desirable Downtown Menlo Park neighborhood, offering convenient access to shopping, parks, and schools, enhancing its appeal and long-term value.
Provides a unique opportunity for buyers to personalize their 'dream home' by working directly with the builder's in-house architecture and design team to match their specific lifestyle.
As a newly built home (Year built 2022, estimated completion Summer/Fall 2023), it will feature modern designs, energy efficiency, and minimal maintenance for years to come.
The purchase of the lot is contingent upon entering a separate construction agreement with the builder, limiting buyer flexibility and choice of contractor.
Preliminary architectural plans and illustrative landscaping are subject to change based on jurisdiction's design review process, introducing potential uncertainty regarding the final product.
The significant all-in price of $7,195,000 combined with an estimated completion date in Summer/Fall 2023 requires a substantial financial commitment and patience from the buyer.
Unique opportunity to build your dream home with Thomas James Homes. Work with our in-house architecture and design team to build this home to match how you live. Close to shopping, parks and schools, this modern home in the desirable neighborhood of Downtown Menlo Park has something for everyone. Estimated home completion date is Summer/Fall 2023. *Preliminary architecture shown is subject to change based on jurisdiction's design review process. Illustrative landscaping shown is generic and does not represent the landscaping proposed for this site. Purchase of this lot is contingent upon buyer entering into a separate construction agreement with builder for an all-in price of $7,195,000.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-3 • 1.1 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 5.0 | 3.0 | 85% |
| Square foot | 3,458 | 1,987 | 85% |
| Lot Size | 10,010 | 6,502.5 | 71% |
| Price | $7.20M | $3.23M | 86% |
| Price per sq ft | $2.1K | $1.7K | 82% |
| Built year | 2022 | 1952 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 1373 | 99 | 0% |
Jul 19, 2022
$7,195,000
Initial Listing