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95 Mesa Court, Atherton, Ca...

Kitsune Manor LLC Acquires Atherton Single Family For $24M
SOLDSingle Family Residence

Kitsune Manor LLC Acquires Atherton Single Family For $24M

95 Mesa Court, Atherton, California 94027, United States

$24,000,000

$7,058/SF

Building Size

3,400 SF

Asset Type

Single Family Residence

Closing

Oct 6, 2022

AI

A beautiful single-family home located at 95 Mesa Court in Atherton has been sold. The property, spanning 3,400 square feet, was purchased by Kitsune Manor LLC for a total of $24,000,000. This translates to a price per square foot of $7,059, showcasing the desirability of the home in the market. The seller of the property is Pacific Peninsula Group, while the lender involved in the transaction is Morgan Stanley.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $24,000,000
  • Address: 95 Mesa Court
  • Market: Atherton

Kitsune Manor LLC emerged as the buyer of this prestigious property. As for the seller, Pacific Peninsula Group played a significant role in closing the transaction. The financing for the purchase was facilitated by Morgan Stanley, serving as the lender. With the property's high sale price and exquisite features, this sale highlights the strong real estate market in Atherton.

Players

Pacific Peninsula Group
Pacific Peninsula GroupBrokerage
Pacific Peninsula Group
Pacific Peninsula GroupSeller
Morgan Stanley
Morgan Stanley Lender

Atherton Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.66%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93