1027 Waverley Street, Palo Alto, California 94301, Palo Alto, 94301 - 6 bed, 8 bath

1027 Waverley Street, Palo Alto, California 94301 home-pic-0
ACTIVE$15,995,000
1027 Waverley Street, Palo Alto, California 94301
6Beds
8Baths
7,250Sqft
10,000Lot
Year Built
2025
Close
-
List price
$15.99M
Original List price
$21.88M
Price/Sqft
$2,206
HOA
-
Days on market
-
Sold On
-
MLS number
ML82008069
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $15.99M(97th), sqft - 7250(97th), beds - 6(94th), baths - 8(97th).

STATE-OF-THE-ART LIVING IN PROFESSORVILLE | Completed in February 2025, this new bi-level solar residence merges an exclusive Professorville address with coveted centrality and spectacular contemporary luxury. Visionary local firm Kohler Architects conceived this masterpiece as a showcase of elegance and versatility, complete with one-of-a-kind entertaining amenities, premier craftsmanship, and cutting-edge material selections throughout. Home automation allows lighting, sound, entertainment, climate, and security features to be adjusted at the touch of a smart screen. Sophisticated gathering rooms and a catering-grade kitchen dominate the main level, while the lower level unfolds into a recreation zone complete with bar, wine cellar, game room, and home theater. Glamorous en-suite bedrooms, a fitness center, and sauna & steam bath provide spaces for ultimate rejuvenation. Additional highlights include a junior ADU, dual kitchens, and laundries and wet bars on both levels. Less than one mile from Downtown Palo Alto, Town & Country Village, Stanford University, and acclaimed schools. Designer furnishings available upon request.

Nearby schools

7/10
Addison Elementary School
Public,K-50.2mi
8/10
David Starr Jordan Middle School
Public,6-81.0mi
9/10
Palo Alto High School
Public,9-120.4mi

Price History

Date
Event
Price
11/20/25
Price Change
$15,995,000-11.0%
09/09/25
Price Change
$17,980,000-9.6%
08/13/25
Price Change
$19,880,000
05/22/25
Listing
$21,880,000
Condition Rating
Excellent

This property is a brand new construction, completed in February 2025, as stated in the description. It features state-of-the-art design, premier craftsmanship, cutting-edge materials, and full home automation. The kitchen is described as 'catering-grade' and the images confirm high-end, modern appliances, sleek cabinetry, waterfall island, and contemporary fixtures. Bathrooms are implied to be equally luxurious with 'glamorous en-suite bedrooms' and a sauna/steam bath. All components are new, meeting the highest current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Palo Alto High School (9/10).
Prime Location & Exclusivity: Situated in the prestigious Professorville neighborhood of Palo Alto, offering coveted centrality and proximity to Downtown, Stanford University, and top-rated schools.
Brand New, State-of-the-Art Construction: Completed in 2025, this bi-level solar residence features cutting-edge materials, premier craftsmanship, and advanced home automation for lighting, climate, security, and entertainment.
Extensive Luxury Amenities: Boasts a catering-grade kitchen, lower-level recreation zone with bar, wine cellar, game room, home theater, fitness center, and sauna & steam bath, providing unparalleled entertainment and rejuvenation options.
Architectural Masterpiece & Design: Conceived by visionary local firm Kohler Architects, showcasing elegance, versatility, and unique, one-of-a-kind entertaining amenities.
Versatile Living Spaces & Income Potential: Includes a junior ADU, dual kitchens, laundries, and wet bars on both levels, offering flexibility for guests, multi-generational living, or potential rental income.

Cons

History of Significant Price Reductions: Multiple substantial price drops from the original listing price may suggest initial overvaluation or a challenging market absorption, potentially impacting buyer confidence.
Listing Price Exceeds Current Market Estimate: The current asking price is still slightly above the property's estimated market value, which could present a hurdle for buyers seeking immediate equity or a perceived fair market deal.
Limited Buyer Pool: The property's extremely high price point and extensive luxury features cater to a very specific, affluent demographic, naturally limiting the number of potential purchasers.

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