251 Gardenia Way

This exceptional property offers a rare opportunity of luxury living combined with high income potential. Three Homes on One Lot, each with a separate address. A newly constructed 1Br/1Ba ADU,1Br/1Ba JADU and fully rebuilt 3Br/2Ba main house, each with private entrance, backyard access, and open-concept layouts. The entire property spans an impressive 2,150 sq ft with new Anderson windows, a new roof, a new foundation, hydraulic heating, and a high-efficiency tankless water heater. The main house is a chef's dream, featuring a kitchen with quartz counters, an island with a built-in microwave, energy efficient stainless steel appliances in all units, a 6-burner gas stove, and many other unique features. Outdoor living is just as impressive, with private patios and backyards for each unit, along with a well-maintained front yard. Amenities include driveway parking for 3 cars, a gated circular drive for 3 more, and security systems in all units. Ideally situated near major employers like Meta, Amazon, and Google, with easy access to 101 and 84, and walking distance to shopping and trails, this property is perfect for extended families, live-in owners seeking rental income, or investors, with a projected income potential of up to $11.2K/month

Days on Market

6 days

Current Status

Active

Original Price

$1,798,000

List Price

$1,798,000

On Market Date

Sep 20, 2024

Property Type

Single Family Home

Area

322 - East of U.S. 101 East Palo Alto

Zip Code

94303

MLS ID

ML81981044

APN

063411080

Year Built

1954

Stories in Building

1

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

5

Bath

4

Double Sinks, Full on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower, Updated Bath, Other

Parking

6

Electric Gate, Enclosed, Guest / Visitor Parking, Lighted Parking Area, No Garage, Off-Site Parking, Room for Oversized Vehicle, Uncovered Parking, Other

SQ FT

2,150

SQ FT Source

Unavailable

Lot SQ FT

6,800.0

Lot Acres

0.156107 Acres

Kitchen

220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Hood Over Range, Island, Microwave, Oven Range, Pantry, Refrigerator, Other

Cooling

Central AC, Other

Dining Room

Breakfast Bar, Dining Area in Living Room, Other

Disclosures

Flood Zone - See Report, NHDS Report

Family Room

Kitchen / Family Room Combo

Flooring

Vinyl / Linoleum, Other

Foundation

Crawl Space, Permanent, Raised

Heating

Central Forced Air, Other

Laundry

Dryer, Inside, Washer, Other

Possession

COE

Architectural Style

Modern / High Tech

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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