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Excellent West Atherton Opportunity: Walk to Menlo Circus Club and Downtown Menlo Park near Sacred Heart and Menlo Schools
Summary
Address: 33 Emilie Avenue, Atherton, CA 94025
Cross Street: Park/ Valpariso
Area: Circus Club
Property Type: Single Family
Property Style: Ranch on .83 acre
Price: $3,595,000
Status: For Sale
Description
33 Emilie Ave.
Located in West Atherton near the Menlo Circus Club:
2011 results for this area:
High sale: $53,000,000 Low Sale: $1,060,000
Median : $ 4,410,000 Average: $6,723,949
Recent Sales:
163 Britton $11.5M 4 years old
79 Alejandra coming to market 3/1/2012 for $14M plus
These lots are greater than 1 acre and with homes @ 7,500 square feet.
Emilie can handle up to 6,600 square feet and the address can be changed to 98 Mac Bain a cul-de -sac.
Excellent opportunity to build your new home for less than half of what nearby homes are selling for.
% increase in Market 2011 vs. 2010
Median Sales Price 19%
Average Sales Price 63%
Number of Sales 28%
Benefits to
1. Only lost currently for sale in Atherton less than a mile from Downtown Menlo Park.
2. One lot curremtly for sale in Atherton less than a half mile from the Menlo Circus Club.
3. Nearby new homes recently sold for $11-$15 Million.
4. Renovated in 2000 but priced for land value.
5. High in demand for families with children at Sacred Heart or Menlo School
6. Great sunset and mountain view due to field across steet
7. Easy access to El Camino, yet far enough away.
8. Address and front can be changed to MacBain Ave- Cul-de-Sac
9. Recent tear down sales -- 92 Faxon - $5.4Million
10. Menlo Park Schools
11. Field is not used on Sundays and is not lighted
West Atherton 1924 Ranch home on 191' x 189' corner lot, 2350 Square feet. Kitchen and Master bedroom upgrade in 1998. Southwestern exposure. 40' x 20' pool. 1250 square foot guest cottage. No heritage trees in buildable area. Mature Oaks, redwoods, and citrus trees line perimeter. Guest Cottage has separate driveway.
Great opportunity to build your dream home. Town Zoning allows up to 6,650 square foot home plus basement.
Across the street from St. Joseph's Baseball/Soccer field, and the three acre retirement home for Sacred Heart nuns. Part of Sacred Heart's twenty-three acre Campus in Atherton. Three acres serve as a retirement home Town zoning does not allow field to be lighted. School does not allow games on Sunday. Field has limted activity.
St. Joseph's has just raised $95,000,000 to improve the campus and build new buildings. New entrance will be on Park Lane. Buildings on Emilie will be torn down. St. Joseph is grades 1-8 and part of Sacred Heart High School which is on the other side on the campus.
Also nearby is Menlo School and Menlo College. Menlo School has also raised approximately a $100,000,000.
Menlo College last year received a gift of $20,000,000 and is estiblishing itself as the Business College of Silicon Valley. Discussions have taken place to partner with an Ivy League school looking for a Silicon Valley extention.
Less than a mile to Downtown Menlo Park. Close to Sand Hill Road, SRI, and Facebook.
Property is also offered for Long or Short term lease furnished. Rent depended upon length of lease.
Features
Bedrooms: 3
Baths: 2
Dining: Eat-in
Fireplace: Bedroom, den, solarium
Garage: 2 car
Views: mountains and sunset
Home Size: 2450
Lot Size: 36,000
# Residential Units: 2
Residential Units Mix: House plus Cottage
Year Built: 1924
MLS#: 81130331
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