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
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