California mansion breaks record, asking more than $26 million

(NewsNation) ⁠— A property in California simply listed for over $26 million, hitting a brand new document for the town of Menlo Park.

1340 Arbor is nestled between Stanford College and the rich enclave of Atherton, the costliest ZIP code within the U.S.

All the property is comprised of two separate parcels and every might be offered individually. When mixed, it’s Menlo Park’s “largest residential lot” at simply over two acres, in accordance with the itemizing.

The three-story residence has 5 bedrooms, 5 full bogs, two half-bathrooms and an workplace, in accordance with the itemizing. The primary home measures out at 6,228 sq. ft and has high-end finishes like white oak flooring and marble counters.

Menlo Park’s Sand Hill Street is taken into account the monetary capital of Silicon Valley, attracting main enterprise capital and personal fairness corporations, in accordance with Compass agent Judy Citron. Meta, the guardian firm of Fb, can be primarily based in Menlo Park.

“We’ve seen housing costs rise considerably over the previous few years in Menlo Park,” mentioned Citron. “The very best gross sales value so far in Menlo park was a house the place I used to be concerned within the improvement and offered at 1394 San Mateo Drive – that’s presently in the marketplace once more (18 months later) for $17,499,000 and there may be important curiosity.”

Have a look inside within the picture gallery above.