NOT LISTED FOR SALE

246 Elena Ave Atherton, CA 94027

Estimated Value: $7,216,000 - $15,693,650

5 Beds
6 Baths
5,770 Sq Ft
$1,759/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $13,750,000 $2,383 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $64,181/month

5 Days on Market

Highlights

  • Solar Heated Pool and Spa
  • Primary Bedroom Suite
  • Radiant Floor
  • Oak Knoll Elementary School Rated A
  • 1.05 Acre Lot
  • Traditional Architecture

About This Home

As of May 2024

In Atherton's most prestigious Menlo Circus Club area, this classic estate, originally built in 1935, has been meticulously transformed into an exquisite retreat, elegant yet completely livable. Reimagined by a team of leading design professionals to offer the best of California living, this Monterey Colonial is perfectly proportioned, with exceptional craftsmanship and stunning design. Experience timeless sophistication in every room with tastefully selected wall coverings, luxury marble and tile finishes, and carefully curated light fixtures that set just the right mood. Arranged on two levels with a separate guest house, this home offers every amenity desired today, including ample space for work from home, distance learning and indoor/outdoor entertainment. Ideally situated on one acre of land, the estate offers complete privacy in a resort-like garden setting. The impressive array of outdoor features includes a wisteria covered loggia, a landscape framed fire-pit terrace, pool and spa, two water features, and beautifully cultivated grounds with heritage olive trees. This extraordinary property, located midway between San Francisco and Silicon Valley, presents a rare opportunity to enjoy the quintessential California lifestyle on one of Atherton's most coveted avenues.

Last Agent to Sell the Property

Colleen Foraker

Compass License #01349099 Listed on: 04/09/2024

Compass

Co-Listed By

Carolyn Keddington

Compass License #01490400

Last Buyer's Agent

Mary Gullixson

Compass License #70001879

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 1.05 Acre Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Zoning described as R1001A

Parking

  • 3 Car Detached Garage
  • Electric Vehicle Home Charger
  • Electric Gate
  • Guest Parking

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Wood Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 5,770 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Mud Room
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Library
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Oven
  • Microwave
  • Dishwasher
  • Marble Countertops

Flooring

  • Wood
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Home Security

  • Security Gate
  • Alarm System

Pool

  • Solar Heated Pool and Spa
  • Solar Heated In Ground Pool

Outdoor Features

  • Fire Pit
  • Barbecue Area

Additional Features

  • 395 SF Accessory Dwelling Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 070-343-330

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 395
  • Structure Sq Ft: 5770
  • Incorporated: Yes
  • Year Built: 1935
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Kitchen: Countertop - Marble, Dishwasher, Microwave, Oven - Built-In, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 5770
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Tile, Wood
  • Additional Rooms: Basement - Unfinished, Den / Study / Office, Formal Entry, Laundry Room, Library, Mud Room
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Marble, Primary - Stall Shower(s), Stall Shower, Stall Shower - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Heated - Solar, Pool - In Ground, Pool / Spa Combo
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: BBQ Area, Fenced, Fire Pit, Sprinklers - Lawn
  • Pool: Yes
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 6
  • Garage Parking Features: Detached Garage, Electric Gate, Guest / Visitor Parking
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Walk-in Closet

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 070-343-330
  • Lot Acres: 1.0460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 45564.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 45564.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Oak Knoll Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Apr 17, 2024
Sold by
Ann Barrier Carter Living Trust and Carter Ann
Bought by
David Y W Chan Trust and Woo
Seller's Agent
Colleen Foraker
Compass
Buyer's Agent
Mary Gullixson
Compass
List Price
$13,250,000
Sold Price
$13,750,000
Premium/Discount to List
$500,000
3.77%
Views
25
Current Estimated Value
$10,150,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,599,450
Avg. Annual Appreciation
-16.18%

Purchase Details

Closed on
May 17, 2019
Sold by
Carter Ann
Bought by
The Ann Barrier Carter Living Trust

Purchase Details

Closed on
Jun 11, 2013
Sold by
Schatz Steven M and Schatz Lisa K
Bought by
Carter Scott and Carter Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Schatz Steven M and Schatz Lisa K
Bought by
Schatz Steven M and Schatz Lisa K

Purchase Details

Closed on
Sep 3, 1999
Sold by
Vander Ploeg Mark Vander and Vander Ploeg Jeanne
Bought by
Vander Ploeg Mark A Vander and Vander Ploeg Jeanne Schacht

Purchase Details

Closed on
Apr 24, 1998
Sold by
Sousa Walter J and Sousa Karin
Bought by
Vanderploeg Mark and Vanderploeg Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.99%

Purchase Details

Closed on
Mar 27, 1997
Sold by
Mortazavi Mohammad and Mortazavi Alaheh
Bought by
Sousa Walter J and Sousa Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.62%

Purchase Details

Closed on
Nov 19, 1996
Sold by
Lachman Stanley P and Lachman Martha J
Bought by
Mortazavi Mohammad and Mortazavi Alaheh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
7.88%

Purchase Details

Closed on
Nov 12, 1996
Sold by
Lachman Stanley P and Lachman Martha J
Bought by
Mortazavi Mohammad and Mortazavi Alaheh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
7.88%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Lachman Stanley P and Lachman Martha J
Bought by
Lachman Stanley P and Lachman Martha J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
David Y W Chan Trust $13,750,000 Chicago Title Company
The Ann Barrier Carter Living Trust -- None Available
Carter Ann -- None Available
Carter Scott -- None Available
Carter Scott $9,750,000 Chicago Title Company
Schatz Steven M -- --
Vander Ploeg Mark A Vander -- --
Vanderploeg Mark $3,600,000 North American Title Insuran
Sousa Walter J $2,575,000 Fidelity National Title
Mortazavi Mohammad $2,600,000 Fidelity National Title Co
Mortazavi Mohammad $2,600,000 Fidelity National Title Co
Lachman Stanley P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Scott $2,750,000
Previous Owner Vanderploeg Mark $2,000,000
Previous Owner Sousa Walter J $1,800,000
Previous Owner Mortazavi Mohammad $2,400,000
Closed Carter Scott $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $13,750,000 +3.8% $2,383 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $13,250,000 -- $2,296 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $137,032 $14,025,000 $9,529,860 $4,495,140
2023 $137,032 $12,150,127 $9,433,375 $2,716,752
2022 $131,306 $11,911,890 $9,248,407 $2,663,483
2021 $129,227 $11,678,325 $9,067,066 $2,611,259
2020 $128,244 $11,558,580 $8,974,095 $2,584,485
2019 $126,769 $11,331,943 $8,798,133 $2,533,810
2018 $123,723 $11,109,750 $8,625,621 $2,484,129
2017 $122,774 $10,891,914 $8,456,492 $2,435,422
2016 $120,073 $10,678,349 $8,290,679 $2,387,670
2015 $119,111 $10,517,952 $8,166,146 $2,351,806
2014 $111,223 $9,794,264 $8,006,183 $1,788,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81959101

MLSListings

APN: 070-343-330