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Back 938 Alice Lane
Off Market

938 Alice Lane

Menlo Park CA 94025

4162 sq. ft.
15301 sq. ft.
Duplex
Last sold for $3,650,000
Jimmy CastellanosJimmy Castellanos, last sold this property on 02 July 2026 after 29 days on market.

Overview

Offer Date: Wednesday, June 17th. 4-unit cottage style multifamily property + 1 non-conforming 5th unit (two duplexes and one cottage on large 15K+ SF lot in the heart of Menlo Park). 938 Alice Lane is a rare opportunity to acquire a well-located multifamily asset in the heart of Menlo Park, one of the Peninsulas most affluent and supply-constrained rental markets. The property consists of four legal units plus one non-conforming unit across three separate structures. Offered for sale by the original owner/builder, this well-maintained property has been carefully cared for over the years. Two of the units have undergone extensive renovations within the past 20 years, while the remainder of the property continues to showcase its timeless charm and character. It is conveniently located next to University Drive and a short walk to Downtown Menlo Park.

Features

4162 sq. ft. floor area
15301 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in Menlo Park over the last 12 months, the estimated median property value of 938 Alice Lane is $2.85m.

Median value
$2.85m
Estimated value range
$1.25m - $3.65m
Median days on market
18
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Menlo Park. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 938 Alice Lane

2026
Sold
$3,650,000
02 Jul 2026 by Jimmy Castellanos, of Marcus & Millichap

Happy sellers in Menlo Park

<50%
Less than 50% of sellers in Menlo Park reported that their sale price either exceeded or met their price expectations.

Menlo Park stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Menlo Park over the last 12 months.

Local market activity for duplexes in Menlo Park

In the last 12 months, 7 duplexes similar to 938 Alice Lane, have been sold.

This represents a 28% increase in duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Menlo Park

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Mary Murphy

Mary Murphy is a recommended agent for Menlo Park.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (12 reviews)
  •  2 Reviews in Menlo Park
  •  3 Sales in Menlo Park
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Nancy Goldcamp

Sellers who recommend Nancy Goldcamp have praised them for being clear communication, local expert, supportive, responsive, reliable, and strategic

  •   5   (24 reviews)
  •  2 Reviews in Menlo Park
  •  2 Sales in Menlo Park
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Jennifer Yiu

Jennifer Yiu is a recommended agent for Menlo Park.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (4 reviews)
  •  1 Review in Menlo Park
  •  2 Sales in Menlo Park
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Laura Peters

Laura Peters is a recommended agent for Menlo Park.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Menlo Park
  •  2 Sales in Menlo Park
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