74 Middlefield Rd, Atherton, California 94027, Atherton, 94027 - 9 bed, 10 bath
ACTIVE$14,860,000
74 Middlefield Rd, Atherton, California 94027
9Beds
10Baths
8,297Sqft
43,661Lot
Price Vs. Estimate
The estimated value ($14,860,000) is $0 (0%) lower than the list price ($14,860,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 43661, living area = 8297.
Top Cons:
High Price Point: The list price of $14.86 million significantly narrows the potential buyer pool to ultra-high-net-worth individuals, potentially extending market time.
Compared to the nearby listings
Price:$14.86M vs avg $8.10M (+$6,759,999.5)70%
Size:8,297 sqft vs avg 3,780 sqft80%
Price/sqft:$1.8K vs avg $1.8K55%
More Insights
Built in 2023 (2 years old).
Condition: This property was built in 2023, making it brand new. The description highlights a 'newly built' estate with a 'gourmet kitchen' featuring 'high-end appliances' and a 'spa-like bathroom.' The images confirm a pristine condition throughout, showcasing modern design, top-tier finishes, state-of-the-art appliances, contemporary light fixtures, and immaculate flooring. There is no deferred maintenance or physical depreciation visible, meeting all criteria for an excellent rating.
Year Built
2023
Close
-
List price
$14.86M
Original List price
$14.86M
Price/Sqft
$1,791
HOA
-
Days on market
-
Sold On
-
MLS number
41106090
Home ConditionExcellent
Features
Good View:
Pool
Spa
Patio
View-
About this home
Discover sophisticated living in this newly built, solar-powered 8,297 sq ft estate on over an acre in Atherton. This residence offers 7 bedrooms, 7.5 bathrooms, and a guest house with 2 bed/2 bath. A gated entry, circular driveway, and fountain welcome you. Inside, a grand curved staircase leads to the luxurious primary suite with a fireplace and spa-like bathroom. The expansive patio features a fireplace, solar-heated 40' lap pool, Jacuzzi, terrace, mini golf, and an entertainment cabana. The lower level boasts a movie theater, sauna, gym, and wine cellar. The gourmet kitchen includes high-end appliances, a prep kitchen, and a 12-foot island seamlessly connecting to the family room. Located ideally between San Francisco and Silicon Valley, it's also close to Stanford University and tech hubs.
Condition Rating
Excellent
This property was built in 2023, making it brand new. The description highlights a 'newly built' estate with a 'gourmet kitchen' featuring 'high-end appliances' and a 'spa-like bathroom.' The images confirm a pristine condition throughout, showcasing modern design, top-tier finishes, state-of-the-art appliances, contemporary light fixtures, and immaculate flooring. There is no deferred maintenance or physical depreciation visible, meeting all criteria for an excellent rating.
Pros & Cons
Pros
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 = 43661, living area = 8297.
Prime Location: Situated in Atherton, one of the most exclusive and desirable cities, offering strategic proximity to San Francisco, Silicon Valley, Stanford University, and major tech hubs.
Newly Built & Modern: Constructed in 2023, this estate boasts contemporary design, state-of-the-art amenities, and adherence to the latest building standards, requiring no immediate upgrades.
Extensive Luxury Amenities: Features an impressive array of high-end amenities including a solar-heated 40' lap pool, Jacuzzi, mini golf, entertainment cabana, movie theater, sauna, gym, and wine cellar.
Spacious Estate with Guest House: Encompasses 8,297 sq ft of living space on over an acre, complemented by a separate 2-bedroom, 2-bathroom guest house, providing exceptional space and versatility.
High-End Finishes & Eco-Friendly Features: Showcases a gourmet kitchen with high-end appliances, a prep kitchen, a 12-foot island, a grand curved staircase, a luxurious primary suite, gated entry, and solar power for energy efficiency.
Cons
High Price Point: The list price of $14.86 million significantly narrows the potential buyer pool to ultra-high-net-worth individuals, potentially extending market time.
Extensive Maintenance Requirements: The sheer size of the property (over an acre) and the multitude of luxury features (pool, mini golf, guest house, gym, etc.) will necessitate substantial ongoing maintenance and operational costs.
High Property Tax Burden: Given the property's high valuation and location in Atherton, annual property taxes will be exceptionally substantial, adding a significant recurring cost to ownership.