$2,438,000

Estimated payment $15,378/month

Total Views 378
0.45 Acre
-- Price per Acre
-- Sq Ft Lot

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.

Listing Agent

Matt McCormick

Coldwell Banker Realty License #01962436 Listed on: 05/07/2026

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • Wood Fence

Property Details

Property Type

Land

Listing Details

  • Zoning: R1
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Development Status: Build To Suit, Building Site Cleared, Finished Lot, Improvements Completed, Improvements Plans Avail, Possible Lot Split, Site Plan Approved, Subdivision - Possible
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wood

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 658

Lot Info

  • Lot Description: Regular
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9850.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9850.00
  • Parcel Access: Paved Road

Multi Family

  • Utilities: Electricity - On Site

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

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
Source: Public Records

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
Source: MLSListings

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 -- --
Source: Public Records

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: Public Records

Source: MLSListings

MLS Number: ML82046185

MLSListings

APN: 060-153-030

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