Luxury Home in Bay Area

Enjoy this beautiful and unique Atherton house. This exceptional home, custom built in 2012 is ideally located in the Lindenwood area of Atherton, just minutes from downtown Palo Alto. 5 spacious en-suite bedrooms, 7 baths, 2 offices, full bar, Media/Entertainment room, 133 inch movie screen, CAT-6 wiring, Sonos-sound system. French doors unfold onto travertine terraces with a backdrop of verdant landscaping on over an acre plus 3 car garage. listing price is $7,450,000.  Address: 128 TOYON Road , Atherton 94027, 6456sqft, lot 42,890sqft.

Price list 1. click to edit me

Click here to edit me.

Price list 2. click to edit me

Click here to edit me.

Price list 3. click to edit me

Click here to edit me.

at16.jpg

at16.jpg

at15.jpg

at15.jpg

at14.jpg

at14.jpg

at13.jpg

at13.jpg

at12.jpg

at12.jpg

at11.jpg

at11.jpg

at10.jpg

at10.jpg

at9.jpg

at9.jpg

at8.jpg

at8.jpg

at7.jpg

at7.jpg

at6.jpg

at6.jpg

at5.jpg

at5.jpg

at4.jpg

at4.jpg

at3.jpg

at3.jpg

at2.jpg

at2.jpg

At1.jpg

At1.jpg

Atherton: Now the nation’s most expensive zip code

Along gorgeous forested and hilly topography, large private lots and famous neighbors, Atherton offers those three things always hot in real estate: location, location, location. “The town is 45 minutes south of San Francisco, and less than 20 minutes to the headquarters of Facebook, Google and most of the major tech companies in Silicon Valley,” points out CNBC. And who does this appeal to more than people like Google’s Eric Schmidt, HP’s Meg Whitman, and Facebook’s Sheryl Sandberg, all of whom own mansions in this zip code?

 

These high end buyers can not only afford Atherton’s prices, they’re driving them yet higher. Just in the first quarter of this year, seven mansions in Atherton sold for more than $10M, pushing this area far over nearby Woodside and Los Altos Hills in terms of both price and demand.

 

Aside from wealthy Americans, international buyers too seek the prestige of an Atherton zip code. CNBC writes that many such buyers are “all cash and that investors from China will often pay for a mansion sight unseen,” proving the focus is more on the area than it is on the merits of the house itself.  ”Ken Deleon of Deleon Realty just sold a mansion in Atherton for $14 million to a Chinese buyer in 72 hours.”

“One of the reasons Atherton is so hot right now is that Forbes recently named it the No. 1 most affluent ZIP code in America. A lot of my clients, particularly the Chinese, are prestige-driven. They want to be in the best area in all of America. That really helped Atherton’s stock,” said DeLeon.

Indeed, that 2013 Forbes report noted that the median home price in the summer of 2013 was $6.67M, the nation’s highest. Today, it’s upwards of $9.44M.