Address
49 Magnolia Drive Atherton, CA
Price
$ 10,500,000
Property Attributes
  • MLS#ND21085764
  • TypeSingle Family
  • CountySAN MATEO
  • CityAtherton
  • Zip94027
  • StyleSingle Family Residence
  • Price$ 10,500,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4777
  • Lot Size0.97 Acres
Listing Provided Courtesy Of:
Matthew Rivera with eXp Realty of California, Inc.
Data Source:
CRMLS
Property Description

Very special, one of a kind resort-style home on one acre in Lindenwood, a unique neighborhood of Atherton. Lindenwood is a prestigious community with beautiful homes and only three entrances. Each entrance has a gate framework of brick/cement and there is no through traffic which gives it the feeling of a gated community. This house is very private with a front gate and is situated on a beautiful flag lot surrounded by 30 foot tall beautiful laurels. It has a tennis court, a large 50x20 beautiful pool with spa and automatic cover, a play structure for kids, a large grass yard watered by a well, and a 1,100 sq ft guest house with kitchenette. It is extremely difficult to build a tennis court in this area because of the restrictions on removing trees. This home offers peaceful, country club living in tranquil Atherton! Perfect location with easy access to Highway 101, Stanford, and minutes to Sand Hill Rd. It is in the heart of fast-paced Silicon Valley yet steps away to a paradise. Main house features 4 bedrooms, 4 baths, 3 fireplaces and was previously photographed and featured in multiple Pottery Barn catalogs! It includes all Viking stainless steel appliances, 4 ovens, 2 sinks, ice maker, built in refrigerator, warming drawer, huge granite slab island and gorgeous vaulted wood ceilings with exposed beams. The 1,100 sf guest house is complete with the 5th bedroom, 5th bath, kitchen, closet and 4th fireplace. Work from home or use it as a teen retreat, gym/yoga studio or true guest house. Solar power for both house and pool. It also has a two car detached garage and a giant beautifully done car port. Truly a gem of a property. This house is rented through June 2022 and the tenant has a option for one year through June 2023 making a great investment! The tenants have been there for multiple years and keep the home and yard immaculate! The sale will be part of a 1031 exchange.

High School
Menlo-Atherton High School
Price History
4/23/2021 Listed $10,500,000

General Features

Attached Garage Yes
Community Features Curbs
Cooling Central Air
Garage Spaces 3
Garage Y/N Yes
Heating Central
High School Menlo-Atherton
High School District Mendocino Unified
Interior Features Loft, Walk-In Pantry, Walk-In Closet(s)
Levels One
Listing Agent Matthew Rivera - BRE#02131613
Listing Agent State License 02131613
MLS Area 699 - Not Defined
Pool Features In Ground, Private
Private Pool Yes
Property Sub Type Additional Single Family Residence
Property SubType Single Family Residence
Property Type Residential
Rooms Bathroom, Living Room, Laundry, Kitchen, Great Room, Game Room, Entry/Foyer, Family Room, Exercise Room, Entry/Foyer, Bonus Room
Sewer Public Sewer
Structure Type Duplex
Terms Cash, Conventional, Contract, 1031 Exchange, FHA 203(b), FHA 203(k), FHA
Total Units 1
View None
Zoning R1001A

Interior Features

Air Conditioning Y/N Yes
Common Walls No Common Walls
Fireplace Features See Remarks
Fireplace Y/N Yes
Full Baths 5
Heating Y/N Yes
Laundry Features Laundry Room
Living Area 4777
Main Level Bathrooms 5
Main Level Bedrooms 5
Total Baths 5
Total Bedrooms 5

Exterior Features

Lot Features Front Yard
Lot Size Acres 0.97
Lot Size Area 42140
Lot Size Source Assessor
Lot Size Square Feet 42140
Lot Size Units Square Feet
Total Parking 3
Water Source Public

Room Details

Room Dimensions Level Flooring Details
Bathroom
Bonus Room
Entry/Foyer
Entry/Foyer
Exercise Room
Family Room
Game Room
Great Room
Kitchen
Laundry
Living Room

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94027

Price
AVG $12.53M
$10.5M
Visits
AVG 29
4
Year Built
AVG 1972
1954

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