Listed by: Tom LeMieux, Compass
$7,308,000
●
House -
Off Market
47 Manzanita Road
Atherton, CA 94027
7 Beds
5 Baths,
1
Half Bath
6,420 Ft²
$37,293
Est. Monthly
About This Property
This architecturally expanded mid-century home in sought-after
Lindenwood offers a unique blend of timeless elegance and modern
amenities on nearly one acre of private grounds. The main residence
boasts 7 bedrooms and 4.5 baths, plus there are ancillary detached
rooms and a bath adding flexibility for guests or studio needs.
Highlighting the solar-powered home is a dramatic two-story
addition inspired by Shakespeare's Folger Library featuring a
stunning spiral cherry staircase crafted entirely without nails.
Outdoors, a private rear yard invites relaxation with its sparkling
pool, separate spa, and expansive lawn area ideal for recreation or
garden parties. With its proximity to excellent Menlo Park schools
and a serene setting, this home represents a perfect blend of
luxury and comfort in one of the areas most desirable locations.
Unit Size
6,420 Ft²
Days on Market
53 days
Land Size
0.92 acres
Price per sqft
$1,183
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #ML81982078)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Listed by Compass | $7,595,000 | |
| Listed by Compass | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lindenwood
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Listed by: Tom LeMieux, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81982078
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81982078
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