Home > New Faculty Housing > Direct Sales > 421 El Escarpado, Stanford

FSH Direct Sale
Sale 5: 421 El Escarpado, Stanford

Direct Sale Information

• Now Available!

• Are members of the Academic Council who have a 100% Academic Council appointment and are working 100% time; and
• Have an appointment, that has been approved by the President, for a term of three or more years with the possibility of reappointment, or have received tenure, or have an appointment with a continuing term; and
• Have attended an Open House or had a private tour for the Direct Sale home; and
• Do not have a reservation or contract on a FSH lottery or FSH Direct Sale single-family home.

This direct sale is comprised of 1 single-family home located in the San Juan Hill neighborhood within the Stanford Campus Residential Subdivision.

This home is subject to a Standard Residential Ground Lease, and Stanford is selling this leasehold interest through the FSH Direct Sale Process.

This home is not subject to a FSH Housing Lottery. This is a FSH Direct Sale Home.

This home is being sold "AS-IS."

All homes located on Stanford lands are subject to a ground lease. Not all ground leases are the same.

This home is subject to a Stanford Residential Ground Lease.

Information regarding the Residential Ground Lease is available for reference here.

• Satisfy all of the Eligibility Criteria for this Direct Sale home; and
• “Submit an Offer” for the home, as outlined below, and
• “Complete the Purchase” of the home, as outlined below.

• Reservation Form (available here); and
• Initial Reservation Deposit (a bank check payable to First American Title Company for Fifteen Thousand Dollars ($15,000)); and
• A letter from a lender or evidence that demonstrates the prospective buyer's ability to purchase the home.

• Direct Mail: Certified Mail, Carrier with signature, or In-Person with receipt, during regular business hours (8:30 am – 5:00 pm) at:

  Faculty Staff Housing
  Owen House
  552 O’Connor Lane
  Stanford, CA 94305
  Attn: Asset Management
  

• Email: to FSHListings@stanford.edu, sent with:
  • Clear image of the Initial Reservation Deposit; and
  • Subject: “SECURE: Direct Sale – Purchase Offer Packet (Property Address)”;
    • Secure Email service is designed for faculty who need to use email to send Moderate to High Risk Data. More information regarding Secure Email can be obtained from Stanford University IT (https://uit.stanford.edu/service/secureemail)
    
    
• Fax: to 650.725.4888, sent with:
  • Clear image of the Initial Reservation Deposit; and
  • Cover Sheet containing the following:
  • To: Asset Management
  • Re: “Direct Sale – Purchase Offer Packet (Property Address)”

• FSH will immediately place the Initial Reservation Deposit and Reservation Form in the escrow depository; and
• The Prospective Buyer must sign the Purchase Contract for the home within two (2) business days after FSH has accepted their Purchase Offer Packet.
• The total escrow period may not be less than 30 days and no greater than 60 days.

Listing Information

San Juan subdivision, the oldest residential neighborhood on campus, consists of 179 homes. This subdivision boasts a variety of homes – from Mediterranean to Eichler’s, and some Spanish. Architects Birge M. Clark, Charles K. Sumner and John K. Branner have designed and constructed several homes here. Key homes include the Lou Henry Hoover House that is resided by Stanford’s current president, and the Hanna House, a Frank Lloyd Wright historic home.

Frequently Asked Questions (FAQs)

Answers to FAQs regarding the home and FSH Direct Sales are available here.

(top of page)