Menlo Park Real Estate: Weekly Broker Tour Highlights
+ Lifestyle Highlights
Tuesday, April 7, 2026
My Musings
It’s Spring Break here in Palo Alto—which may explain the lighter broker tour—but the bigger story continues to be limited inventory across the Menlo Park and Peninsula real estate market. Supply simply hasn’t broken free this year.
We’re even still seeing select homes come back to market after failing to sell in 2025, most returned to market in early Q1. The Monterey property is a good example of this “second chance” inventory, and whether it moves this time will say a lot about buyer conviction right now.
A few data points reinforcing what I feeling on the ground:
- New listings are down approximately 10–15% year-over-year across the Peninsula
- Months of inventory remains below 1.5 months in many submarkets (anything under 2 = highly competitive)
- Well-priced homes are still commanding multiple offers, often 5–10% over asking
The result: a tight, competitive Silicon Valley housing market where buyers are adjusting quickly, or adjusting out.
Case in point: I’m heading to Los Gatos and Saratoga this weekend with clients who have simply been priced out of Los Altos. The search radius expands… but the expectations don’t. Fingers crossed!
MENLO PARK 301 – Sharon Heights / Stanford
Listing Agent Broker: Brent & Mary Gullixson, Compass
Address: 14 Susan Gale Ct
Bedrooms: 3 – Bathrooms: 2 Full, 1 Half
Sqft: 2680
Lot Sqft: 3248
Price: $3,600,000
HOA: $735 p/m
Listing Agent remarks: Updated Townhouse in Sharon Hills –3-bedroom 2 1/2 BA Deck with Bay Views
My takeaways: This is one of the more desirable townhome communities in Menlo Park real estate, The Sharon Hills Association, and I’ve toured several here. This unit stands out for its elevated positioning and Bay views, easily the best I’ve seen in this enclave.
This home has been consistently upgraded, though the interiors lean more formal than what today’s home buyer typically prefers. There’s an interesting layout moment: a landing-level room staged as a library with a fireplace, which works beautifully, unless you truly need that third bedroom.
Listing Agent Broker: Cliff Whearley, Whearley & Co. Real Estate
Address: 11 Susan Gale Ct
Bedrooms: 3 – Bathrooms: 2 Full, 1 Half
Sqft: 2270
Lot Sqft: 4638
Price: $2,995,000
HOA: $735 p/m
Listing Agent remarks: Bright, Remodeled Sharon Heights Condo. Las Lomitas School District.
My takeaways: A layout I hadn’t seen before in this community and one that works particularly well for today’s downsizer market. Fewer stairs + better flow make this a highly livable option for buyers looking to age in place.
The west-facing orientation is a major asset here, delivering sweeping mountain views and strong natural light.
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MENLO PARK 302 – County / Alameda Area
Listing Agent Broker: Katy Thielke Straser, Compass
Address: 2140 Monterey Ave
Bedrooms: 4 – Bathrooms: 3 Full, 1 Half
Sqft: 2630
Lot Sqft: 6000
Price: $4,395,000
Listing Agent remarks: Shows beautifully w/ ground floor ensuite. Walking to Las Lomitas Schools.
My takeaways: Back on the market after a pause in 2025 and notably, at the same price. That alone makes this a useful case study in pricing strategy in Menlo Park real estate.
It’s a beautiful home in a strong neighborhood with walkability to top schools, but the smaller family room footprint feels like a miss relative to how buyers live today. Formal living/dining spaces are well executed, but for most families increasingly underutilized.
That said: great backyard, excellent natural light, and solid overall bones.
MENLO PARK 304 – Allied Arts / Downtown
Listing Agent Broker: Phyllis McArthur, Girouard Properties
Address: 624 Partridge Ave
Bedrooms: 3 – Bathrooms: 2 Full, 1 Half
Sqft: 2000
Lot Sqft: 2000
Price: $2,999,500
Listing Agent remarks: N/A
My takeaways: With its long, narrow footprint this reads more like a townhome than a single-family residence. The proximity to El Camino Real is the obvious trade-off, and likely the reason for the price positioning.
That said, once inside, the tall hedging creates a surprisingly private environment, which helps offset location concerns.
Design critiques:
- Garage opens directly into the family room
- Downstairs half bath is extremely tight and opens into the main living space
MENLO PARK 308 – Willows / O’Conner Area
Listing Agent / Broker: Veronica Kogle, Coldwell Banker Realty
Address: 440 Gilbert Ave
Bedrooms: 4 – Bathrooms: 3 Full, 1 Half
Sqft: 2530
Lot Sqft: 7410
Price: $3,895,000
Listing Agent remarks: Custom-built in 2004. Darling home with great indoor and outdoor spaces.
My takeaways: Storybook curb appeal, white picket fence and all. This is the kind of home that draws you in emotionally, which matters in the Menlo Park housing market.
The challenge is structural: primary bedroom is downstairs, while the three upstairs bedrooms share a single bath. Not ideal for many family buyers.
There is potential here—expanding into the balcony space could allow for a reconfigured upstairs primary suite.
PALO ALTO 240 – Community Center
Listing Agent / Broker: Lyn Jason Cobb, Coldwell Banker Realty
Address: 850 Guinda St
Bedrooms: 4 – Bathrooms: 3 Full
Sqft: 1870
Lot Sqft: 4600
Price: $4,588,000
Listing Agent remarks: Where Modern Amenities meet Crescent Park Palo Alto Charm. Do not miss this!
My takeaways: Unassuming from the curb, but opens beautifully into a light-filled, well-designed interior with strong indoor-outdoor flow. Built-ins throughout maximize space—always a plus.
Primary suite is slightly tight, but overall this home is highly aligned with buyer expectations and should move quickly.