Market Report

Overview - Last 30 days

Median Price - Last 6 Months *
Sale-to-List Price - Last 6 Months
Median Days on Site - Last 6 Months *
Listing Inventory - Last 6 months *
* Data on active listings begins accruing at report creation. History will grow over time.

Sold Listings - Last 30 DaysView all sold listings

6
Beds
7 | 3
Baths
10,909
SqFt
 
 
#ML81648035 | Single Family Home
 
5
Beds
3
Baths
3,500
SqFt
 
 
#ML81634494 | Single Family Home
 
4
Beds
3
Baths
3,520
SqFt
 
 
#ML81652336 | Single Family Home
 

New Listings - Last 30 DaysView all active listings

5
Beds
4 | 1
Baths
6,890
SqFt
 
 
#ML81651536 | Single Family Home
 
5
Beds
5 | 2
Baths
6,445
SqFt
 
 
#ML81650436 | Single Family Home
 
6
Beds
7 | 1
Baths
4,910
SqFt
 
 
#ML81651490 | Single Family Home
 
© 2017 MLSListings Inc. All rights reserved.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than DeLeon Realty are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
MLSListings data last updated at May 27, 2017 5:32 PM PT

Communities

Atherton Overview

Atherton is a small town with big money. What started out as a summer getaway location for affluent San Franciscans during the late 19th century has transformed into the home base of Silicon Valley’s top executives, prominent venture capitalists, and well-heeled socialites. Named after Faxon D. Atherton, one of the first estate owners in the area, residents have continued the city’s culture of a grand lifestyle by building stately mansions and private manors.

Atherton’s high-end lifestyle was awarded the title of the #1 most expensive zip code in the country, according to Forbes magazine, October 2013. Within Atherton are four main neighborhoods, each with their own distinguishing characteristics, but all are consistent with the town remaining exclusively residential. While very few establishments exist within the town limits, one of its most famous is Menlo Circus Club, a members-only country club focused on equestrian pursuits.

2016 Atherton Sales (YTD)
Median Price: $5,762,500
Average Days On Market: 73 Days
Total Sales: 54 Sales
Average Price Per Sq. Ft.: $1,437
Highest MLS Sale: $30,750,000
Lowest MLS Sale: $1,379,000
Call your DeLeon area specialist for a neighborhood-specific analysis.

Atherton Oaks

While less well known than other Atherton neighborhoods, Atherton Oaks is no less desirable to people seeking spacious homes, sylvan settings and great schools. Many houses in this neighborhood are single-story ranch homes centered on parcels of an acre or more. However, sprinkled among the various lanes are grand old manors from the days when estates located near the “Fair Oaks” train station were highly desired by San Francisco’s oldest families.

While Atherton now requires that homes be on parcels of one acre or more, there are legacy homes in this neighborhood on smaller lots. Consequently, the neighborhood’s property values naturally fall into two segments: (1) homes on parcels that are smaller than 30,000 square feet, and (2) home on parcels that are larger than 30,000 square feet.

As always, location drives the sales prices in Atherton Oaks. The most valuable properties are situated at the end of the wooded cul-de-sacs off of Fair Oaks Lane, such as Virginia and Mount Vernon Lanes. Homes closer to busier streets or the Caltrain tracks often sell for about fifteen percent less than those in more interior locations. Nevertheless, they still offer Atherton’s quintessential blend of spacious floor plans, heritage trees, and manicured grounds.

Children in Atherton Oaks attend Encinal Elementary School (2013 API 930), located within the neighborhood and part of the Menlo Park City Elementary School District (“MPCSD”). Once they are sixth graders, they move on to MPCSD’s Hillview Middle School (2013 API 950). In high school, students attend Menlo-Atherton High School, which had a solid API score of 819 in 2013 and an excellent Advanced Placement program. Some families also chose to send their children to one of the many prestigious schools within Atherton, including the Sacred Heart Schools and the Menlo School.

Holbrook Palmer Park is the only public park in Atherton, and is found in this neighborhood. The park was a private estate until 1968, and now features historic buildings, tennis courts, a nursery school, and a baseball diamond. In addition, the Fair Oaks Caltrain station is a few blocks away on the edge of this district, as are Atherton’s library, post office and town hall. Located just minutes from the diverse activities offered by Stanford University, this neighborhood is also near several private clubs offering social opportunities, swimming, golf, tennis, riding facilities, and polo grounds.

While there is some new construction, the neighborhood’s proximity to rapidly-appreciating Lindenwood makes it a relative value. This is balanced by the fact that there is a bit less of a community ambiance than Lindenwood. However, if you are looking for a home with great schools and plenty of space, Atherton Oaks could be a great option for you.

Boundaries: 

Stockbridge Ave. on the north 

Alameda de las Pulgas on the east 

Walsh Road on the south

Moore Road on the west

Library: 

Atherton Library, 2 Dinkelspiel Station Lane, Atherton, CA 94027

Parks: 

Holbrook-Palmer Park, 150 Watkins Avenue, Atherton

Public Schools: 

  • Las Lomitas School (K-5), 299 Alameda de las Pulgas, Atherton (API 943)
  • La Entrada School (6-8), 2200 Sharon Road, Menlo Park (API 964)
  • Menlo-Atherton High School, 555 Middlefield Road, Atherton (API 819)

Many Atherton residents opt to send their children to private schools, including St. Josephs Elementary, The Menlo School, Sacred Heart Prep, Phillips Brooks School, and St. Raymond’s.

Lindenwood

Drive through the distinctive gates along Middlefield Road and you feel lost in time as you meander through the tree-canopied streets of Lindenwood. Lindenwood has an air of old-fashioned gentility with its lush landscaping, winding streets, and friendly residents enjoying a stroll.

This gentile atmosphere beckons back to the 19th century, when this place was once the summer home of the “Silver King of the Comstock Lode,” James C. Flood, who built his 44-room home “Linden Towers” on the 600-acre estate. Flood adorned his opulent estate with antiques from around the world and sterling silver plumbing fixtures.

Despite the passing time, Flood’s presence still presides over the neighborhood with fountains, statues, and street lights; even the initials “JCF” remain emblazoned on the wrought iron arches above the gates leading into Lindenwood. Adding to the private estate atmosphere is the completely enclosed community. With virtually no through traffic and tall trees which create a lush canopy above the maze-like curving streets, one can appreciate the secluded design of the neighborhood.

Today, Lindenwood is home to both newcomers and established residents, from those who acquired wealth through involvement in Silicon Valley start-ups to descendants from a long line of prominent families. There are currently 488 addresses, and most properties sit on parcels of about one acre. Unlike West Atherton, there are still a lot of older homes, and the newer homes are relatively modest multi-million dollar mansions. Consequently, home values remain fairly conservative, posting solid equity gains, less fluctuations and a lower price ceiling, regardless of the overall real estate market.

Many of the Lindenwood residents are involved in the Lindenwood Homes Association. The Association serves to address community issues, including organizing and coordinating Lindenwood disaster preparedness efforts, taking action on situations which may have detrimental effects on the community, maintaining gardening services in public areas, and planning social events.

Boundaries: 

Marsh Road on the north

Bay Road on the east

Ringwood Avenue on the south

Middlefield Road on the west

Library: 

Atherton Library, 2 Dinkelspiel Station Lane, Atherton, CA 94027

Parks: 

  • Holbrook-Palmer Park, 150 Watkins Avenue, Atherton
  • Burgess Park, 701 Laurel St., Menlo Park

Public Schools: 

  • Laurel Elementary School (K-3), 95 Edge Road, Atherton (API 927)
  • Encinal Elementary School (K-5), 195 Encinal Avenue, Atherton (API 930)
  • Hillview Middle School (6-8), 1100 Elder Avenue, Menlo Park (API 950)
  • Menlo-Atherton High School, 555 Middlefield Road, Atherton (API 819)

Many Atherton residents opt to send their children to the outstanding private schools in Atherton including St. Josephs Elementary, The Menlo School (grades 6-12), Sacred Heart Prep, and St. Raymond’s.

Lloyden Park

Located between El Camino Real and the Caltrain tracks, Lloyden Park has the most suburban atmosphere of all the neighborhoods in Atherton. Once the estate of a wealthy industrialist at the turn of the 20th century, Lloyden Park was subdivided in the late 1920’s into 86 single family homes on 1/3 acre parcels. It is the only neighborhood in town with underground utilities, street lights, and sidewalks.

Although many of the homes have undergone extensive interior remodeling, the neighborhood retains much of its original character. Architectural styles run the gamut from Tudor Revival to Mediterranean to Shingled Colonials. Architectural enthusiasts will appreciate that two houses were actually constructed as “Homes of the Future” for the 1939 Golden Gate International Exposition held on San Francisco’s Treasure Island.

For students in kindergarten through the 8th grade, Lloyden Park is within the boundaries of the Redwood City School District, and they attend Selby Lane Elementary School (2013 API 730). High school students attend Sequoia High School District’s Menlo-Atherton High School (2013 API 819). Many neighborhood families chose to avail themselves of the wonderful private schools in the area, including Sacred Heart School, the Phillips Brooks School, and Menlo School.

The Fair Oaks Caltrain station is one block away from the main gates of Lloyden Park, as are Atherton’s library, post office, and town hall. Nearby Holbrook-Palmer Park offers a recreation venue for both kids and adults, with a playground, tennis courts, and walking gardens. In addition, San Mateo County operates 19 separate parks, 3 regional trails and numerous other open spaces and preserves along the bay, at the coast, and in the Santa Cruz Mountains.

Lloyden Park’s property values have climbed more slowly than the surrounding areas. The primary reason is that builders tend to avoid the smaller lots and close proximity to Caltrain. Because of the neighborhood’s small size, it is rare for more than two Lloyden Park homes to be on the market in any given month.

Boundaries: 

5th Ave. on the north

Middlefield Road on the east

Oak Grove Ave. on the south

El Camino Real on the west

Library: 

Atherton Library, 2 Dinkelspiel Station Lane, Atherton, CA 94027

Parks: 

Holbrook-Palmer Park, 150 Watkins Avenue, Atherton

Public Schools: 

Go to Redwood City School District (K-8) and attend Menlo-Atherton High School (API 819) (2013).

Many Atherton residents opt to send their children to private schools, including St. Josephs Elementary, The Menlo School (grades 6-12), Sacred Heart Prep, Phillips Brooks School, and St. Raymond’s.

West Atherton

Three words describe this posh neighborhood of Atherton: exclusive, impressive, and luxurious. Historically, this neighborhood was a 600-acre private ranch of moneyed Massachusetts businessman, Faxon Dean Atherton. Now it has grown into one of the most expensive neighborhoods in the country. Where Mr. Atherton’s home was once situated is now the Menlo Circus Club, a private country club for wealthy horse aficionados and socialites.

The streets of West Atherton are wide and spacious, lined with heritage oaks, cedars, and pines. Like other Atherton neighborhoods, there are no sidewalks in West Atherton, giving it a country road vibe. The rows of privacy hedges and fancy gates offer mere glimpses of the magnificent manors to the passers-by, and the more grandiose estates, despite their gates and hedges, still have an imposing street presence.

For many residents, this is the neighborhood of choice. The make-up of the community continues to rapidly change as more of Silicon Valley’s prominent executives and investors move in. On nearly every street is a construction site for the next lavish mansion soon to rise. The old ranch-style homes are steadily disappearing as younger homeowners move in. The demand for homes in West Atherton is so high that even in the recent economic downturn, a tear-down property here still sells for around $4 million dollars. But as with any luxury home market, buyers are highly discretionary and consider these homes as less of an investment and more of a showcase. Homes here tend to be unique and have greater value fluctuations, with the homes located on the edges of West Atherton selling for as much as 8% less than those in the prime central streets. You could buy a home for $1 million dollars LESS than its original asking price, but you will probably still end up paying close to $7 million dollars.

Boundaries: 

Selby Lane and Stockbridge Ave on the north

El Camino Real on the east

Valpariso Ave on the south 

Alameda de las Pulgas on the west

Library: 

Atherton Library, 2 Dinkelspiel Station Lane, Atherton, CA 94027

Parks: 

Holbrook-Palmer Park, 150 Watkins Avenue, Atherton

Public Schools: 

Children in West Atherton are divided into two school districts: Menlo Park School District and Redwood City School District, depending on the particular address. Homes located on the southern side of Atherton Avenue are in the highly-rated Menlo Park School District while homes on the northern side fall into the less prestigious Redwood City School District. All students attend Menlo-Atherton High School (819) (2013).

Many Atherton residents opt to send their children to private schools, including St. Josephs Elementary, The Menlo School, Sacred Heart Prep, Phillips Brooks School, and St. Raymond’s.

West of the Alameda

The neighborhood between Alameda and Highway 280 is known as an upper-market, exclusive community, characterized by opulence and grandeur. The residents who choose this neighborhood are understated and prefer the seclusion and privacy of this neighborhood over the bursting social scene in West Atherton and Lindenwood.

This area is surrounded by oaks, creeks and lush hillsides. One appeal of this neighborhood is the seamless blend between impressive-sized homes and their verdant settings, many with breathtaking views of the San Francisco Peninsula. The vast distance between homes and the lush, green surroundings provide an ambience of seclusion. You feel like you’re “miles away from everything,” yet the neighborhood is just a few minutes away from downtown Menlo Park or an easy drive to Interstate 280.

One other appealing feature of this location is the highly rated Las Lomitas School District in Menlo Park. Children who live in this neighborhood attend some of the top schools in California. However, between ninth and twelfth grades, children attend Woodside High, which scores significantly lower — dipping into the 700s in 2013 — due to the greater diversity of its student body.

Boundaries: 

Stockbridge Ave. on the north 

Alameda de las Pulgas on the east 

Walsh Road on the south

Moore Road on the west

Library: 

Atherton Library, 2 Dinkelspiel Station Lane, Atherton, CA 94027

Parks: 

Holbrook-Palmer Park, 150 Watkins Avenue, Atherton

Public Schools: 

  • Las Lomitas School (K-5), 299 Alameda de las Pulgas, Atherton (API 943)
  • La Entrada School (6-8), 2200 Sharon Road, Menlo Park (API 964)
  • Menlo-Atherton High School, 555 Middlefield Road, Atherton (API 819)

Many Atherton residents opt to send their children to private schools, including St. Josephs Elementary, The Menlo School, Sacred Heart Prep, Phillips Brooks School, and St. Raymond’s.