
Palo Alto, California 94301
This Spanish Colonial Revival is a High-Potential Investment Opportunity, listed at $7,295,000—positioned slightly above the $7,076,478 Fair Market Value. While priced at a premium, the property offers a Mint Condition Rating following recent high-end updates. Located in the prestigious Old Palo Alto neighborhood, the home features a 9,600 sqft corner lot, private gated courtyard, and proximity to top-rated Palo Alto Unified schools. This rare, move-in ready architectural asset is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a legacy property in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1800 Waverley Street Subject | $7,295,000* List Price | 4 | 3 | 2,965 | $2,387 | - |
A 1125 Guinda Street Pending | $6,500,000 List Price | 4 | 3 | 2,900 | $2,241 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1928 build date, the property has undergone recent 'fresh updates' including a modern kitchen with sleek cabinetry and quartz countertops. The interior shows mint condition with refinished hardwoods, pristine terra cotta tiling, and high-end architectural maintenance, qualifying it as a recent renovation.
High School: Palo Alto High School (9/10).
Situated in the highly coveted Old Palo Alto neighborhood, the property offers unparalleled access to Stanford University, vibrant downtown amenities, and top-rated Palo Alto Unified schools.
This 1928 Spanish Colonial Revival showcases exceptional character with original carved beams, terra cotta tile floors, and commissioned sculptures by Michael Szabo, offering a rare blend of history and art.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2965, other record living area = 3176.
With four bedrooms but only 2.5 bathrooms, the home's layout may be perceived as underserviced for a luxury property at this price point.
As a structure dating back to 1928, the property may require more intensive ongoing maintenance and potential infrastructure updates compared to modern builds.
This Spanish Colonial Revival home in Old Palo Alto is rich in architectural character and available for the first time in 40 years. Dating to 1928, the home presents an impressive facade with a red clay tile roof and second-story balconies, an expanded floor plan and fresh updates for modern living. Two commissioned sculptures by renowned San Francisco artist Michael Szabo introduce the home, which begins with a private gated courtyard. Original character is showcased throughout the 4 bedroom, 2.5 bath home with carved ceiling beams, terra cotta tile floors, divided-light metal windows and arched entryways. Formal living and dining rooms are complemented by a family room with extensive built-in cabinetry and access to the rear gardens. The updated kitchen features sleek cabinetry topped with beautiful quartz counters and full-height backsplashes. The expansive sunny corner lot is landscaped with private wraparound gardens, terra cotta tile patios and mature foliage. With its enduring architecture and generous grounds in Palo Alto's premier neighborhood highly regarded for its distinctive homes, this exceptional property is also just minutes from the city's vibrant downtown, excellent public schools, Stanford University and commute routes to Silicon Valley's top tech companies!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,965 | 1,689.34 |
| Lot Size | 9,600 | 7,261.56 |
| Price | $7.29M | $3.84M |
| Price per sq ft | $2.5K | $2.2K |
| Built year | 1928 | 1951 |
| HOA | $0 | $0 |
| Days on market | 13 | 30 |
Aug 27, 2026
$7,295,000
Initial Listing