It’s the ultimate lap of luxury in the Bay Area. A new home in Atherton where you can get $10,000 off first month’s rent.
Take a look at Poplar Homes Property Management’s new multi-million dollar luxury rental home at 5 James Ave. Atherton, CA. This 8 bedroom, 7 bathroom estate features resort style amenities such as a full-sized gym, studio pool with pool house, movie theater, steam room, and sauna.
Located off of Marsh Road and Middlefield Road in the Lindenwood neighborhood of Atherton, this home lists for $48,000 a month on Poplar Homes’ listings page.
This 14,704 sq ft Mediterranean style home has a spiral staircase that leads you to the home’s rooms and the massive skylight. If stairs aren’t an interest, there is also a regular elevator and grocery elevator. A laundry room with two sets of washers and dryers is available for your convenience. Interiors feature marbled floors, recessed lighting and drop chandeliers.
The spacious living room has a fireplace perfect for cozying up on cool evenings. The dining room features tray ceiling, ambient lighting, and a large six seater dining table.
Tiled kitchen has marble countertops, a breakfast bar with wooden base and beige rough cut hardwood cabinetry for storage. Also comes with a food warmer, under counter ice maker, two beverage coolers, a wine cooler, instant hot water and trash compactor.
Homeowners looking to list their multi-million dollar homes as a rental property can be reassured there is a market for luxury rental property as proven by 5 James Ave
This changes the San Francisco Bay Area real estate industry as it opens the door to luxury homeowners to rental property investing, contrary to the typical 600 sq ft rent controlled units in San Francisco.
About Poplar Homes
For homeowners and renters that enjoy the convenience of technology, Poplar Homes provides a more hassle-free rental service than a traditional property manager. Combining the power of automation and careful human touch, Poplar Homes’ technology enables its team to provide on-demand showings, instant renter screening, AI-powered leasing data, proactive maintenance recommendations, autonomous move-ins, guaranteed rent payouts, and 24/7 support.
The company currently does around 1,000 showings per month, with some days as high as 80 showings in one day.
Poplar Homes’ team has raised $7m to date from Jeff Dean, XG Ventures, Renren, and some early Google lawyers. The company’s rental portfolio sits at over $1 billion under management. The 2- year-old company pivoted to full-service property management just 18 months ago and has scaled to a team of 50 in the US–San Jose–plus 50 in the Philippines.
The release of Poplar Homes’ renter-facing mobile app marks the first of a few big steps forward in the company’s product and Poplar Homes homeowner customers can expect a similar release in the coming months to help dramatically improve the property management experience both during leasing and after.
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