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    49 Magnolia Drive

    Atherton, CA 94027
    • $10,500,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: ND21085764
    UPDATED: 112 min ago
    $10,500,000
    • 5
      BEDS
    • 0.97
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 4,777
      SQFT
    • $2,198
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1954
    County:

    School Information

    High School:
    School District:

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-22T13:47:42.987. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.homefinderorangecounty.com/homes/116400285
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    49 Magnolia Drive Atherton, CA 94027

    • Price: $10,500,000
    • Status: Active
    • Updated: 112 min ago
    • ID#: ND21085764
    5
    Beds
    5
    Baths
    0
    ½ Baths
    0.97
    Acres
    4,777
    SQFT
    $2,198
    $/SQFT
    1954
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Mateo
    Area:
    699 - Not Defined
    High School:
    Menlo-Atherton
    School District:
    Mendocino Unified
    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.
    Exterior Features

    Attached Garage YN 1 Lot Features Front Yard Parking Total 3 Pool Features In GroundPrivate Pool Private YN Yes Property Attached YN No View None View YN No

    Interior Features

    Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features See Remarks Fireplace YN Yes Heating Central Heating YN Yes Interior Features LoftWalk-In PantryWalk-In Closet(S) Main Level Bathrooms 5 Main Level Bedrooms 5

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Curbs Garage YN Yes Land Lease YN No Laundry Features Laundry Room Lease Considered YN No Levels One Listing Agreement Open Listing Service Full Service Listing Terms CashConventionalContract1031 ExchangeFha 203(B)Fha 203(K)Fha New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type Duplex Water Source Public Zoning R1001a

    Listing provided courtesy of Matthew Rivera of Exp Realty Of California, Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-06-22T13:47:42.987. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zen Ziejewski and Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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