246 Atherton Avenue

Newly built upon a 2.5-acre Atherton parcel which was purchased for $7.5 million in 2011, the contemporary estate at 246 Atherton Avenue – which now includes a 18,200-square-foot main home, a 2,300-square-foot pool house, a 1,500-square-foot guest house and two detached two-car garages (in addition to the two-car garage within the main home) – was listed for $39.8 million in March.

And this afternoon, the asking price for 246 Atherton Avenue was reduced by $4,900,000 (12 percent) to $34.9 million or roughly $1,500 per livable square foot, not including over 3,500 square feet of patio and pool space.

246 Atherton Avenue sitting

7 thoughts on “$5 Million Price Cut for That Contemporary Atherton Compound”
  1. I just don’t understand who NEEDS an 18,000 square foot house. These people truly are living in a different realm than us mere plebes.

    1. ‘Need’ is the wrong word. The operative word is ‘want.’ One could say the same about a $3 coffee or $50 pants. We all want things we don’t need and the more money you have, the more extravagant your wants become.

  2. Love the architecture, but definitely not the landscaping.
    And if I could afford this house, there sure as hell wouldn’t be any Darioush wine in the cellar.

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