Today’s top property is located in the sleepy little Mid-Pen town of Menlo Park. Bordered by Atherton, Portola Valley, and Palo Alto should give you some indication that homes in this area are going to be on the pricier side. But in today’s market, I am always surprised to see a standard-sized home pop up that goes for $1000 per square foot. And a little research told me that $1000/sf is the middle of the road for this suburban enclave. That’s right folks, homes start in the $500/sf range (exclusive of anything on the east side of 101), and go up to $1,453/sf. And while there are some nice homes here, you are paying for the schools, the address, and the location (close to Stanford and Silicon Valley). Because let’s face it folks, you can find a home as nice in Emerald Hills of Redwood City for $600ish/sf or Burlingame for $700ish/sf.
So what does $1000/sf buy you? A 57-year-old home of 1,732 square feet located in Menlo Oaks. A single story mid-mod, it has been remodeled in a completely contemporary fashion. Light and bright, it contains 3 bedrooms, 2 baths on a 9,724 sf lot. I like the look of the exterior; it feels comfy and almost a bit rustic with what looks like exterior shingles. The interior shots show a different side, with clean sophisticated lines, high-end amenities and upgrades, and walls of windows. On the market 4 days, it is priced at $1,695,000.
BONUS: If you want to see this home, it will be OPEN SUNDAY 1-4 pm
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