The Office of the Provost, Faculty Staff Housing (FSH) continues to offer on- and off-campus ground-leased homes for purchase via Direct Sale in the 2022-2023 academic year. FSH anticipates that the homes will continue to be a mixture of condominium and single-family residences, new construction, recently refurbished, and redevelopment opportunities. Additionally, we anticipate that the direct sale homes will continue to vary in floor plan size and location within the surrounding communities of Stanford, Palo Alto, and Menlo Park.
Direct Sale Homes are offered on a “first come first served” basis to Eligible Faculty who:
- Satisfy all of the Eligibility Criteria for the Direct Sale home; and
- "Submit an Offer" for the home as outlined on the website for the home; and
- "Complete the Purchase" of the home, as outlined on the website for the home.
Purchase Offer Packets received via email, up to the Purchase Offer Submission period (8:30 a.m. on the day the Submittals are due, or concurrently at any time during the submission period), will be considered by FSH as having been received at the same time, and will be subject to a random-number generated drawing (i.e., “Lottery”) to establish a ranking of the Concurrent Buyers. All Concurrent Buyers will be notified if there are multiple Purchase Offer Packets and a drawing is necessary.
Eligible Faculty may reserve only one FSH home at a time. Eligible Faculty who have a reservation or a contract on a single-family home are not eligible to participate in a FSH Direct Sale for another FSH home. This does not apply to those who have a reservation or a contract on a FSH condominium home.