Listing Agent: Mark Martinho      Broker/Office: Vabrato
2 Campo Bello Lane Menlo Park CA 94025
$ 2,950,000
  3   |    2   |    1860 Sq Feet

Listing ID

#ML82021304

Status

Active

Property Type

Single Family Residence

County

San Mateo

Year Built

1954

Days on website

2

Description
Situated on a desirable 13,148 SqFt corner lot in Menlo Park, this property offers an outstanding opportunity to design and build a spacious new residence. Zoned R1S, the well-proportioned, mostly flat parcel features favorable dimensions and a calculated Floor Area Limit (FAL) of approximately 4,398 SqFt per City of Menlo Park planners (buyer to verify). The existing 3-bedroom, 2-bath, 1,860 SqFt structure is in poor condition and presumed to be a teardown; no inspections have been conducted, and the structure is not considered habitable. Buyers should anticipate an all-cash purchase or construction financing. Located within the highly regarded Las Lomitas Elementary, La Entrada Middle, and Menlo-Atherton High School districts, the property also benefits from excellent proximity to Stanford University, Stanford Shopping Center, Sharon Park, and downtown Menlo Park. Access to I-280 and Sand Hill Road adds convenience for commuting or investment purposes. This is a rare chance to secure a large, buildable parcel in one of the Peninsulas most sought-after neighborhoods. Buyer(s) to confirm all schools plus zoning, development, and permitting requirements with the City of Menlo Park and/or County of San Mateo.
Location
Financial Information
List Price:  $ 2950000
Property Features
Elementary School:  Las Lomitas
Foundation Details:  Slab
High School:  Menlo-Atherton
High School District:  Other
Middle Or Junior School:  Other
Parking Features:  Carport
Roof:  Composition
Water Source:  Public
Elementary School:  Las Lomitas
High School:  Menlo-Atherton
High School District:  Other
Middle Or Junior School:  Other
MLS Area Major:  699 - Not Defined
City:  Menlo Park
Listed By:   Mark Martinho   Vabrato 
Co-listed by
Vivienne Kelvin  
CA Lic#