725 Evergreen Street, California, Menlo Park, 94025 - 4 bed, 5 bath
725 Evergreen Street
California
Property Price
SUMMARY
Analysis of 725 Evergreen Street, California reveals a property with a current list price of $7,195,000, which is 5% above the estimated $6,772,072 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 California 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.
Estimated Market Value
Comparable Sales Map
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 | $1,958 | - |
A 1001 Olive Street Sold | $7,200,000 | 5 | 6 | 3,522 | $2,044 | 0.3 mi |
B 1481 Middle Avenue Sold | $5,250,000 | 5 | 3 | 2,623 | $2,002 | 0.4 mi |
C 805 Evergreen Street Sold | $5,250,000 | 5 | 3 | 2,705 | $1,941 | 0.1 mi |
D 1674 Oak Avenue Sold | $5,100,000 | 4 | 3 | 2,660 | $1,917 | 0.3 mi |
E 274 Princeton Road Sold | $5,350,000 | 4 | 3 | 2,400 | $2,229 | 0.9 mi |
F 1016 Lemon Street Active | $7,095,000 List Price | 5 | 5 | 3,519 | $2,016 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Located in the highly desirable Downtown Menlo Park neighborhood, offering convenient access to shopping, parks, and schools, enhancing its appeal and long-term value.
- Custom Build Opportunity
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.
- New Construction Benefits
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.
CONSRISKS & DEFICIENCIES
- Mandatory Builder Agreement
The purchase of the lot is contingent upon entering a separate construction agreement with the builder, limiting buyer flexibility and choice of contractor.
- Design Subject to Change
Preliminary architectural plans and illustrative landscaping are subject to change based on jurisdiction's design review process, introducing potential uncertainty regarding the final product.
- High Investment & Extended Timeline
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.
About 725 Evergreen Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 10,010 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
California Unified Schools
Oak Knoll Elementary School
Grades K-5 • 0.3 mi
Las Lomitas Elementary School
Grades K-3 • 1.1 mi
Lucille M. Nixon Elementary School
Grades K-5 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 5.0 | 3.0 | 86% |
| Square foot | 3,458 | 2,010 | 87% |
| Lot Size | 10,010 | 6,900 | 76% |
| Price | $7.20M | $3.05M | 87% |
| Price per sq ft | $2.1K | $1.7K | 86% |
| Built year | 2022 | 1951 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 1327 | 152 | 0% |
Pricing History
Listed for Sale
Jul 19, 2022
$7,195,000
Initial Listing