Menlo Park, CA
1050 Lucky Avenue
Bidding Starts from
$3,485,000
This magnificent home was designed and the residence of the renowned golf course designer Pete Dye, epitomizes the luxury living experience in Carefree. With breathtaking views from every room and a host of premium features, this residence offers both a serene retreat and a lucrative business opportunity. While this home could certainly make a wonderful primary residence the current owners use as a 2nd home and it’s an established and profitable vacation rental with monthly revenues from 13,000 to 25,000 in gross income per month. It’s a turnkey business opportunity. The main home features 3 bedrooms and 3 bathrooms with a gourmet beautiful kitchen, high end appliances, outdoor built in bbq off the kitchen, 2 car garage with ample storage, theatre room and several living & dining places with amazing views from every window. Walk out the kitchen entertaining area on to the pool area. There is another building right off the pool area with an upper and lower casita that features a giant stone fireplace and both units have a separate entrance and kitchenette area. This home is fully furnished. Sellers welcome a new buyer to purchase in a separate bill of sale. There have been many enhancements to the property including a new roof, updated irrigation system, new air conditioning and new pool equipment. The vacation rental license meets current code standards and have had some recent improvements.