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I was looking at listings in one of my favorite neighborhoods, North Fair Oaks in Menlo Park, CA, this morning and realized there are 3 amazing opportunities there right now!
It's rare to use the words "deal" and "Menlo Park" in the same sentence, and now there are 3! For anyone who is looking to get into the housing market on the San Francisco Peninsula, this is the portal! Whether you're a first time buyer, move up or down buyer or investor, these 3 properties are screaming GREAT TIME TO BUY! All 3 are real estate owned, which is still not that common in Menlo Park west of the 101 freeway. All 3 are located in a wonderful, unincorporated area of Menlo Park that has the relaxing feel of a rural village while being located within a few minutes of every suburban amenity imaginable. The neighborhood is filled with all sorts of professional people who have chosen to pay less for their homes than in some of the neighboring, luxury priced enclaves with higher ranked schools. It's common to see scores of kids out riding bikes and residents walking dogs and strollers on the weekends and in the afternoons. Unfortunately,the foreclosure crisis has begun trickling into the neighborhood. Though, one person's misfortune may be another's fortune, and this is certainly the case here! So, if you or someone you know is looking for the right opportunity to purchase a home, here a 3 great options!
3422 Oak Avenue, Menlo Park

MLS# 81046360 Listed by Sam Fotopoulos, Atlantic and Pacific Real Estate I represented the seller of this property in 2006, just after it had been updated, when it sold for $825,000. It's 3 bedrooms/2 baths, approximately 1450 square feet with a 2 car garage. Listed at $624,900 (Photos are my own from 2006)

775 17th Avenue, Menlo Park

MLS# 81052567 Listed by Jon Foster, The Mercury Alliance This is a 3 bedroom, 1 bath home, approximately, 1650 square feet on a 6500+ square foot lot, in need of some fix-up. Currently listed at $520,000, the price was just reduced $100,000 today!
446 8th Avenue, Menlo Park

MLS# 81052092 Listed by Jeff Schafer, Coldwell Banker The Professional Group This 1 bedroom, 1 bath home, approximately 970 square feet on a 5350 square foot lot, has a lot of cottage charm and room to grow. Priced at $500,000, it's the least expensive single, detached home west of the 101 freeeway!
To get a flavor of the North Fair Oaks neighborhood and other homes that have recently sold, check out my recent listing and sale at http://www.658palmerlane.com. For more information on any of these homes and others available in the Menlo Park and San Francisco Peninsula area, contact Wende Schoof at www.WendebytheBay.com
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