NOT LISTED FOR SALE

Estimated Value: $8,537,000 - $14,022,047

8 Beds
11 Baths
10,557 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold April 27, 2021

Last sale price $12,200,000 $1,156 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $75,236/month

14 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Encinal Elementary School Rated A
  • Private Pool
  • Fireplace in Primary Bedroom

About This Home

As of April 2021

Tucked away on nearly an acre in Atherton, this grand estate offers the ultimate in high-end luxury while providing an unmatched living experience. Completed in 2021, this home offers 8 bedrooms, 9 bathrooms, 2 half-baths, and over 10,500 square feet of refined living space, including a beautiful guest home. Top-of-the-line materials include wide plank wood floors, finishes of both quartz and marble, and dazzling light fixtures. Elegant gathering areas are perfect for both entertaining and everyday living, with multiple rooms opening to the resort-like grounds with a brilliant pool. Luxurious highlights include a gourmet kitchen, a handsome study, theater, fitness/yoga room, and six fireplaces including one outdoors. Plus, Savant smart home automation w/touchpad control puts lighting and climate at the touch of your fingertips. Served by acclaimed Menlo Park public schools, this estate is also convenient to sought-after private schools including Sacred Heart and Menlo School.

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 03/01/2021

Last Buyer's Agent

Billy McNair

Compass License #01343603

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $143,025

Year Built

  • 2021

Lot Details

  • 0.97 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Modern Architecture
  • Slab Foundation
  • Wood Shingle Roof

Interior Spaces

  • 10,557 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Entertainment System
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Double Pane Windows
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 6 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Park or Greenbelt Views
  • Crawl Space
  • Attic

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Tub
  • Gas Dryer Hookup

Home Security

  • Smart Home
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Private Pool
  • Balcony
  • Outdoor Fireplace
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Separate Meters
  • Propane
  • Individual Gas Meter
  • Tankless Water Heater
  • Sewer Connection Less Than 500 Feet Away

Community Details

  • Building Fire Escape

Home Details

Home Type

Single Family

Est. Annual Taxes

$143,025

Year Built

2021

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Listing Class: Residential
  • Structure Sq Ft: 10557
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Primary Bedroom, Outside
  • Dining Room: Dining Bar, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Freezer, Hood Over Range, Hookups - Gas, Island With Sink, Microwave, Oven - Double, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 10557
  • Stories: 2
  • Security: Fire Alarm, Fire Escape, Fire System - Sprinkler, Secured Garage / Parking
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, Primary Suite / Retreate - 2+, More Than One Primary Bedroom, Walk-In Closet
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), Gas Hookup, Inside, Tub / Sink, Upper Floor
  • Flooring: Hardwood, Tile
  • Additional Rooms: Attic, Bonus / Hobby Room, Den / Study / Office, Formal Entry, Laundry Room, Media / Home Theater, Mud Room, Recreation Room, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 6
  • Maximum Numberof Bedrooms: 8
  • Minimum Numberof Bedrooms: 8
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Oversized Tub, Shower And Tub, Solid Surface, Stall Shower - 2+, Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Pool Description: Yes
  • Roof: Wood Shakes / Shingles
  • View: Park
  • Yard/Grounds: Back Yard, Balcony / Patio, Bbq Area, Drought Tolerant Plants, Fenced, Outdoor Fireplace, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Complete Perimeter, Gate, Mixed Height / Type, Wood
  • Pool: Pool - In Ground, Pool - Solar Cover, Pool - Sweep, Pool / Spa Combo, Spa - Jetted
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Detached Garage, Electric Gate, Gate / Door Opener, Off-Street Parking, On Street, Room For Oversized Vehicle

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer Connections - Less Than 500 Feet Away

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Video / Audio System, Walk-In Closet, Wet Bar

Schools

  • School District: Sequoia Union High
  • Elementary School: Encinal Elementary
  • Middle School: Hillview Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 627
  • Middle School: 642

Lot Info

  • Lot Description: Grade - Level, Views
  • Lot Acres: 0.9703
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42267.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 42267.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star Lighting, Green Features, Insulation - Unknown, Low Flow Shower, Low Flow Toilet, Skylight, Smart Home System, Tankless Water Heater, Thermostat Controller, Whole House Fan

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Propane On Site, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 23, 2021
Sold by
Sunlu Investment Llc
Bought by
Lucas Douglas C and Bellanca Roselia T
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Billy McNair
Compass
List Price
$12,998,000
Sold Price
$12,200,000
Premium/Discount to List
-$798,000
-6.14%
Total Days on Market
14
Current Estimated Value
$11,279,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$920,476
Avg. Annual Appreciation
-1.90%
Original Mortgage
$4,800,000
Outstanding Balance
$4,295,839
Interest Rate
1.75%
Mortgage Type
New Conventional
Estimated Equity
$6,983,685

Purchase Details

Listed on
Jul 17, 2015
Closed on
Aug 2, 2016
Sold by
Partan George J
Bought by
Sunlu Investment Llc
Seller's Agent
Thomas MacDonald
PMZ Real Estate
Buyer's Agent
DeLeon Team
Deleon Realty
List Price
$3,999,000
Sold Price
$3,300,000
Premium/Discount to List
-$699,000
-17.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.84%

Purchase Details

Closed on
Nov 13, 2014
Sold by
Partan Constantin
Bought by
Partan Constantin

Purchase Details

Closed on
Feb 21, 2008
Sold by
Partan Constantin
Bought by
Partan Constantin

Purchase Details

Closed on
Apr 5, 2001
Sold by
Partan Olga
Bought by
Partan Olga and Residuary Trust Of The 1987 Partan Livin
Source: Public Records

Range of Values:

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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
Lucas Douglas C $12,200,000 Chicago Title Company
Sunlu Investment Llc $3,300,000 North American Title Co Inc
Partan Constantin -- None Available
Partan Constantin -- None Available
Partan Constantin -- None Available
Partan Olga -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Douglas C $4,800,000
Previous Owner Sunlu Investment Llc $4,817,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2021 04/27/21 Sold $12,200,000 -6.1% $1,156 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $12,998,000 +293.9% $1,231 / Sq Ft
08/05/2016 08/05/16 Sold $3,300,000 0.0% $1,765 / Sq Ft
08/05/2016 08/05/16 Sold $3,300,000 -10.8% $1,765 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/27/2016 07/27/16 Pending -- -- --
06/17/2016 06/17/16 Price Changed $3,700,000 -7.5% $1,979 / Sq Ft
05/02/2016 05/02/16 For Sale $3,999,000 +21.2% $2,139 / Sq Ft
05/01/2016 05/01/16 Off Market $3,300,000 -- --
08/20/2015 08/20/15 For Sale $3,999,000 0.0% $2,139 / Sq Ft
07/17/2015 07/17/15 For Sale $3,999,000 +21.2% $2,139 / Sq Ft
06/02/2015 06/02/15 Off Market $3,300,000 -- --
04/30/2015 04/30/15 For Sale $3,999,000 -- $2,139 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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
2023 $143,025 $12,692,880 $6,346,440 $6,346,440
2022 $137,052 $12,444,000 $6,222,000 $6,222,000
2021 $94,619 $8,484,656 $3,484,656 $5,000,000
2020 $72,656 $6,448,926 $3,448,926 $3,000,000
2019 $55,973 $4,881,300 $3,381,300 $1,500,000
2018 $45,081 $3,915,000 $3,315,000 $600,000
2017 $39,249 $3,300,000 $3,250,000 $50,000
2016 $4,895 $208,512 $103,323 $105,189
2015 $4,796 $205,380 $101,771 $103,609
2014 $4,656 $201,358 $99,778 $101,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81831880

MLSListings

APN: 061-121-020