A classic French-style estate on about one acre in Atherton quietly changed hands this fall for $15.75 million, adding another hefty entry to the steady stream of seven- and eight-figure closings on the Midpeninsula as buyers chase privacy and big lots near Palo Alto.
The 6,880-square-foot, five-bedroom property closed on Oct. 17 for $15,750,000, according to Zillow. The listing on Zillow notes a gated motor court, multiple formal rooms, and resort-style grounds in the rear.
Public listing records indicate that the house was built in 1998 and spans approximately one acre, featuring a pool, spa, and outdoor entertaining areas, all of which are highlighted in its marketing details. Zillow also lists the interior square footage.
How the sale was reported
The closing was featured in Embarcadero Media’s weekly home-sales roundup, which compiles deed records from counties via California Resources and typically posts with a multi-week lag. As reported by Palo Alto Online, the rundown covered home-sales data in the Oct. 13 to 31 reporting window.
Where this fits in the Atherton market
Atherton continues to post some of the Peninsula’s highest home prices, with local market snapshots showing the 94027 ZIP code carrying a median sale price well above most Bay Area neighborhoods. According to Redfin, the area has remained busy this year with multiple seven-figure closings, while one-acre lots continue to be scarce.
For nearby homeowners, the sale is another indication that classic properties on sizable parcels continue to attract affluent buyers, even as the broader market cycles. For sellers, it serves as a reminder that well-maintained homes on full-acre lots can still command premium prices on the Mid Peninsula.
