Silicon Valley Real Estate | JLee Realty
Atherton's early residents have had a dramatic impact on the town even as it exists today. The early residents typically had large estates and did not want businesses to operate nearby. In 1923 Menlo Park wanted to incorporate as a city and to include the land of what is now Atherton. The community would not be able to remain strictly residential if it were to become part of Menlo Park. A delegation rushed to Sacramento arriving before the delegation from Menlo Park and was able to incorporate as the town of Atherton on September 12, 1923.
A few of the large land holdings were subdivided during the 1920s and 1930s. In the 1940s and 1950s over eighty subdivisions were recorded. Currently the minimum lot size is one acre in the R1A and R1B districts. One of the impacts of a strictly residential area composed of large estates is that there is little need for parks. Holbrook-Palmer Park was created from 22 acres of land left to the town by Ms. Olive Holbrook-Palmer in 1958. The Menlo Circus Club is a private club with stables and a riding ring located within the town.
Extensive graphs of Atherton home values for both single family homes and condos can be viewed at my Atherton Home Values web page. Recent Atherton home sales can be viewed at my Atherton Just Sold web page. Four key values: price, price per sq ft, size, and lot size, for Atherton single family houses are shown in the tabbed windows below.
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