2513 Alpine Road, Menlo Park, California 94025, Menlo Park, - bed, bath

home-pic
ACTIVE$2,388,000
2513 Alpine Road, Menlo Park, California 94025
0Bed
0Bath
1,515Sqft
14,625Lot
Year Built
1954
Close
-
List price
$2.39M
Original List price
$2.59M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012769
Home ConditionFair
Features
Good View:
Deck
View-

About this home

Rare opportunity in one of Menlo Parks most sought-after neighborhoods. Built in 1954 & set on a generous 14,625 sq. ft. lot, this distinctive property offers exceptional flexibility with three separate living units perfect for multi-generational living, rental income, or future redevelopment.The home provides approximately 1,515 sq. ft. of living space, thoughtfully arranged across three units: - Lower Unit: 2-bedroom, 1-bath, 572 sq. ft. with a skylit primary bedroom & an open-concept living area. - Middle Unit: 491 sq. ft. bright studio with a built-in Murphy bed, skylights, & a spa-like bathroom featuring a soaking tub. - Upper Unit: 452 sq. ft. spacious studio, including a dedicated office/workspace, extensive built-in cabinetry, & access to a private deck. Detached 2-car garage with storage, refinished hardwood floors, & modernized fixtures. Tucked among mature trees & surrounded by multi-million-dollar homes. Alpine offers exceptional privacy in a peaceful setting backing onto San Francisquito Creek. Prime location is just minutes to Stanford University, Downtown Menlo Park, Sand Hill Rd, & the award-winning Las Lomitas School District. Easy access to I-280, local parks, & a vibrant mix of dining & shopping, the home offers the perfect blend of serenity & convenience.

Price History

Date
Event
Price
10/25/25
Price Change
$2,388,000-7.7%
06/27/25
Listing
$2,588,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (4 Listings)
Beds00
Baths00
Square foot1,5152,666
40%
Lot Size14,6257,477
80%
Price$2.39M$2.39M
50%
Price per square foot$1,576$1,032
80%
Built year19541955
40%
HOA
Days on market131156
40%
Condition Rating
Fair

Built in 1954, this triplex shows a mix of conditions across its units. While the description mentions 'refinished hardwood floors' and 'modernized fixtures,' and some areas like the 'spa-like' bathroom and one kitchen appear to have been updated, these renovations likely occurred 15-25 years ago, not recently. Other areas, such as a second kitchen with dated white appliances and traditional wood cabinets, and another bathroom, are clearly older and show significant signs of being outdated. The property is functional and maintained but requires minor to moderate updates to bring all units to a contemporary standard.
Pros & Cons

Pros

Exceptional Location: Situated in one of Menlo Park's most sought-after neighborhoods, offering prime access to Stanford University, Downtown Menlo Park, Sand Hill Road, and the highly-rated Las Lomitas School District.
Income & Flexibility Potential: The property's triplex configuration with three separate living units provides significant flexibility for multi-generational living, substantial rental income, or strategic future redevelopment.
Generous Lot Size: A substantial 14,625 sq. ft. lot offers ample space, enhanced privacy, and considerable long-term redevelopment value in a high-demand area.
Private Natural Setting: Tucked among mature trees and backing onto San Francisquito Creek, the property offers exceptional privacy and a peaceful, serene environment amidst multi-million-dollar homes.
Modernized Interior Touches: Features such as refinished hardwood floors, modernized fixtures, skylights, and a spa-like bathroom in one unit enhance the property's immediate livability and aesthetic appeal.

Cons

Property Age & System Updates: Built in 1954, the property's core systems (e.g., plumbing, electrical, HVAC) may be original or outdated, potentially requiring significant future investment despite some cosmetic modernizations.
Compact Unit Sizes: The individual unit square footages (572, 491, 452 sq. ft.) are relatively small, which might limit appeal for certain tenant demographics or multi-generational families seeking more spacious accommodations.
Recent Price Reduction: A notable price reduction from the original listing ($2.588M to $2.388M) could indicate initial overvaluation or market resistance, potentially impacting buyer perception of value.

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