Lease-to-purchase opportunity in Central West Menlo Park: 16 Palm Ct will be available for move-in August 1st on a lease-to-purchase basis with a one-year lease at $10k per month rent and an upfront purchase option at 10% of the $5.3 million purchase price, 50% credited to purchase price at option execution. This charming home is in a prime neighborhood with premier schools and walkability to Menlo Park's quaint downtown and favorite dining & shopping attractions. Backyard is fully fenced. Owner pays gardener, tenant pays all utilities. On an ideal Central West Menlo Park cul-de-sac, halfway between Oak Knoll Elementary School and Hillview Middle School (half-mile from each), this solid single-story house sits on an approximately quarter acre lot with lush yard all around. The large family room could serve as a huge 4th bedroom and has a perfect built-in desk that can accommodate multiple simultaneous endeavors. Lovely front and backyards with almost 100sf of tall raised planters on sunny side area. Springfree trampoline in secluded backyard offers endless hours of fun and exercise. The house has solar atop a relatively new roof and is fully electrified with two EV charging outlets in the full-sized garage.
Apartment amenities
Property amenities
Attached Garage
Building Application Fee: 0
Building Deposit Fee Maximum: 20000
Building Deposit Fee Minimum: 20000
Dryer
EV charging plugs (2)
Electric Vehicle Charging Station
Flooring: Hardwood
Laundry: In Unit
No Utilities included in rent
Patio Balcony
Raised planters (almost 100 square feet)
Springfree trampoline
Stove
Washer
Pet policy
Cats allowed
Dogs allowed
Terms at 16 Palm Ct
Lease-to-purchase opportunity in Central West Menlo Park: 16 Palm Ct will be available for move-in August 1st on a lease-to purchase basis with a one-year lease at $10k per month rent and an upfront purchase option at 10% of the $5.3 million purchase price, 50% credited to purchase price at option execution.
Pricing comparison
$6,094
At $10,000, this listing is priced $6,094 more than the current market rate for a 3 bedroom home in Bay Area.
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