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231 Terminal Ave, Menlo Park, CA, 94025

2beds
1baths
920sqft
$1,500,000
$1,630price/sqft
$9,514/moest. monthly cost
$380,560/yrincome needed

About This Home

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!!

Getting Around

40
WalkingCar-Dependent
36
TransitSome Transit
76
BikeVery Bikeable

Schools

1/10
8/10

Construction

Condition

  • Property condition: Tear Down,Repairs Major,Value Mainly In Land
  • Year built: 1952

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: None

Bathroom

  • Features: Shower Over Tub

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • None,Eat-in Kitchen
  • Flooring: Laminate
  • Fireplace features: None

Heating & Cooling

  • Heating features: None
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 920
  • Total interior livable area: 920 sqft

Kitchen

  • Features: Counter Top

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 055321090
  • Zoning: R10008
  • Special condition: Standard
  • Other equipment: 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

  • Lot size: 10,001 sqft
  • Features: Back Yard,Front Yard,Value In Land,Rectangular Lot,Street Lighting,Single Lot
  • Lot size dimensions: 50 x 200

Parking

  • Total spaces: 1
  • Parking features: Driveway,On Street,Concrete,RV Possible
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Coastal Flooding
    Coastal FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Coastal Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,584$91,008
Home Insurance *$105$1,260
Property Taxes $1,427$17,124
Electricity $398$4,786
Total$9,514$114,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$326,194/yr
40% on housing$285,420/yr
45% on housing$253,706/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,630This listing

vs Other Active Listings

Avg $/sqft

ZIP 94025$1,504
San Mateo County$915

vs Homes Sold Last Month

Median $/sqft

ZIP 94025$1,701
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$1,500,000
2026-07-07Listed for sale$1,500,000

For Sale by Agent

AgentA'lana Banks
BrokerageA'lana Banks

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