A blank canvas with big potential! A rare land-value opportunity on an oversized 10,000 sq. ft. lot (50' x 200'). This deep, wide parcel offers the space and flexibility to build the home you've been envisioning whether that's a single custom-designed residence or a smart two-home build to maximize the site's potential.The lot's generous depth and dimensions open the door for a variety of development approaches, from one substantial dream home to a thoughtfully designed two-home configuration subject to buyer's own due diligence with the city on current zoning, lot split, and permitting requirements. For builders and investors, this kind of flexibility is exactly what makes a lot like this stand out. The existing 1952 structure conveys with the sale but holds little value of its own; the real opportunity here is the land itself. A rare combination of size, shape, and upside ready for an architect, builder, or owner-user with vision. Sheds are not included in the sale. Bring your plans. This lot is ready to work for you!!
For sale
$1,500,000
231 Terminal Ave, Menlo Park, CA 94025
2beds
920sqft
Residential, Single Family Residence
Built in 1952
10,001 Square Feet Lot
$-- Zestimate®
$1,630/sqft
$-- HOA
What's special
- 8 days |
- 365 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
A'lana Banks DRE # 02039171 310-462-8609,
A'lana Banks 310-462-8609
Source: CLAW,MLS#: 26856675
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room
Bathroom
- Features: Shower Over Tub
Kitchen
- Features: Counter Top
Heating
- None
Cooling
- Window Unit(s)
Appliances
- Laundry: None
Features
- None, Eat-in Kitchen
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 920
- Total interior livable area: 920 sqft
Property
Parking
- Total spaces: 1
- Parking features: Driveway, On Street, Concrete, RV Possible
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Fenced Yard
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 10,001 Square Feet
- Dimensions: 50 x 200
- Features: Back Yard, Front Yard, Value In Land, Rectangular Lot, Street Lighting, Single Lot
Details
- Additional structures: None
- Parcel number: 055321090
- Zoning: R10008
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Condition
- Tear Down,Repairs Major,Value Mainly In Land
- Year built: 1952
Utilities & green energy
- Utilities for property: Cable Available, Underground Utilities
Community & HOA
HOA
- Has HOA: No
Location
- Region: Menlo Park
Financial & listing details
- Price per square foot: $1,630/sqft
- Tax assessed value: $1,150,000
- Annual tax amount: $14,820
- Date on market: 7/7/2026
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$4,548/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $1,500,000$1,630/sqft |
Source:  CLAW #26856675 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,820 +5.7% | $1,150,000 +6% |
| 2024 | $14,015 +7.2% | $1,085,000 +8.5% |
| 2023 | $13,068 -10.1% | $1,000,000 -14.7% |
| 2022 | $14,533 +628% | $1,173,000 +3063% |
| 2021 | $1,996 +2.3% | $37,085 +1% |
| 2020 | $1,952 +2.9% | $36,706 +2% |
| 2019 | $1,897 +4.3% | $35,987 +2% |
| 2018 | $1,819 +4.6% | $35,283 +2% |
| 2017 | $1,739 +3.7% | $34,592 +2% |
| 2016 | $1,676 +3.2% | $33,915 +1.5% |
| 2015 | $1,625 +1.5% | $33,406 +2% |
| 2014 | $1,600 | $32,753 +0.5% |
| 2013 | -- | $32,606 +2% |
| 2012 | -- | $31,968 |
| 2011 | -- | $31,968 +2.8% |
| 2010 | -- | $31,108 -0.2% |
| 2009 | -- | $31,183 +2% |
| 2008 | -- | $30,572 +2% |
| 2007 | -- | $29,974 +2% |
| 2006 | -- | $29,387 |
| 2005 | -- | $29,387 +4% |
| 2004 | -- | $28,248 +1.9% |
| 2003 | -- | $27,731 +2% |
| 2002 | -- | $27,188 +2% |
| 2001 | -- | $26,656 +2% |
| 2000 | -- | $26,135 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Belle Haven
Nearby schools
GreatSchools rating
- 1/10Belle Haven Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Ravenswood Comprehensive MiddleGrades: 6-8Distance: 1.2 mi
- 8/10Menlo-Atherton High SchoolGrades: 9-12Distance: 1.3 mi
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