Estimated payment $15,378/month
About This Lot
Tucked into one of the most desirable pockets of Menlo Park, 543 Encina Ave offers a rare opportunity that is increasingly difficult to find in the mid-Peninsula: a subdivided parcel in a premier, established neighborhood with the flexibility to build two custom residences. Positioned on what is widely considered the best stretch of the street, the property sits just steps from the Atherton border close enough that the distinction between the two communities nearly disappears. In fact, youre less than nine homes away from Atherton, placing you in one of the most prestigious residential corridors in the region. The setting is defined by mature oak trees that frame the site with natural character, shade, and privacy. With the lot already subdivided, the property is ideally suited for a developer, end-user, or multi-generational build strategy. Each parcel offers the flexibility to design and construct a fully custom residence, including the option for an ADU perfect for extended family or rental income potential. This is a true location-first opp. The combination of street position, tree-lined setting, proximity to Atherton, and development flexibility makes it a standout offering in the peninsula luxury build market. In short: prime land, premier setting and maximum upside.
Property Details
Property Type
- Land
Lot Details
- Wood Fence
Home Values in the Area
Average Home Value in this Area
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 | $28,352 | $2,462,292 | $2,107,156 | $355,136 |
| 2023 | $28,352 | $2,366,681 | $2,025,334 | $341,347 |
| 2022 | $26,557 | $2,320,276 | $1,985,622 | $334,654 |
| 2021 | $26,283 | $2,274,782 | $1,946,689 | $328,093 |
| 2020 | $25,918 | $2,251,458 | $1,926,729 | $324,729 |
| 2019 | $25,766 | $2,207,312 | $1,888,950 | $318,362 |
| 2018 | $25,020 | $2,164,032 | $1,851,912 | $312,120 |
| 2017 | $24,573 | $2,121,600 | $1,815,600 | $306,000 |
| 2016 | $23,595 | $2,030,500 | $1,725,925 | $304,575 |
| 2015 | $22,174 | $1,950,849 | $1,672,159 | $278,690 |
| 2014 | -- | $1,800,000 | $1,542,500 | $257,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $2,438,000 | -37.8% | -- | |
| 07/23/2025 07/23/25 | Sold | $3,920,000 | -4.4% | $1,719 / Sq Ft | View Prior Sale |
| 06/15/2025 06/15/25 | Pending | -- | -- | -- | |
| 04/21/2025 04/21/25 | For Sale | $4,100,000 | +4.6% | $1,798 / Sq Ft | |
| 04/21/2025 04/21/25 | Off Market | $3,920,000 | -- | -- | |
| 11/17/2023 11/17/23 | Pending | -- | -- | -- | |
| 07/31/2023 07/31/23 | Price Changed | $3,475,000 | -0.7% | $1,524 / Sq Ft | |
| 05/26/2023 05/26/23 | For Sale | $3,499,000 | +75.0% | $1,535 / Sq Ft | |
| 06/19/2015 06/19/15 | Sold | $2,000,000 | 0.0% | $877 / Sq Ft | View Prior Sale |
| 06/05/2015 06/05/15 | Pending | -- | -- | -- | |
| 05/26/2015 05/26/15 | For Sale | $1,999,888 | 0.0% | $877 / Sq Ft | |
| 05/17/2015 05/17/15 | Pending | -- | -- | -- | |
| 04/28/2015 04/28/15 | For Sale | $1,999,888 | -- | $877 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,920,000 | Lawyers Title Company | |
| Grant Deed | $2,000,000 | Lawyers Title Company Of Ca | |
| Grant Deed | -- | Lawyers Title Company Of Ca | |
| Grant Deed | $2,000,000 | Lawyers Title Company Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | No Value Available | |
| Open | $2,800,000 | Construction | |
| Previous Owner | $235,000 | Credit Line Revolving |
Source: MLSListings
MLS Number: ML82046185
APN: 060-153-030
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Ask me questions while you tour the home.