1836 Webster Street, Palo Alto, California 94301, Palo Alto, 94301 - 5 bed, 4 bath
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Palo Alto, California 94301
This property presents a High-Potential Investment Opportunity with a List Price of $8,488,000—positioned well above the $8,017,929 Fair Market Value by -5%. Featuring a Condition Rating of 5, the residence requires significant capital expenditure to modernize its 1926 infrastructure. However, the expansive 10,000 sq. ft. lot in Old Palo Alto offers immense potential for custom development. Served by top-rated schools like Palo Alto High (9/10), this is a premier asset for Custom Home Builders or High-Net-Worth Investors seeking a legacy project.
Property is extensive renovation needed.
Originally built in 1926, the property features kitchen and bathroom renovations that appear to be over 30 years old (dated tile-work and fixtures). The listing description explicitly frames the home as a remodel or rebuild opportunity, and interior photos show significant floor wear and aging systems consistent with a property needing a full rehab.
High School: Palo Alto High School (9/10).
Situated in the heart of prestigious Old Palo Alto, this property offers an elite address with close proximity to Stanford University, top-rated schools, and downtown amenities.
The 10,000 sq. ft. lot is exceptionally large for the neighborhood, providing a rare canvas for a custom estate, luxury backyard retreat, or significant architectural expansion.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1926, the existing residence is positioned as a major remodel or teardown project, necessitating substantial additional capital investment beyond the purchase price.
The $8.488M list price represents a very high entry point for a property requiring extensive work, which may limit the buyer pool to high-net-worth developers or custom home builders.
Located in the heart of prestigious Old Palo Alto, this exceptional property offers a rare opportunity to remodel, expand, or create the custom home of your dreams in one of Silicon Valley's most sought-after neighborhoods. Set on an expansive 10,000 sq. ft. lot, the existing residence features 5 bedrooms, 3.5 baths, and approximately 2,831 sq. ft. of living space, providing a solid foundation for renovation or reimagination. The deep lot is a standout feature, offering extraordinary potential for a spectacular backyard retreat with ample room for outdoor entertaining, a pool, gardens, or play areas. Surrounded by tree-lined streets and distinguished homes, this premier location combines timeless neighborhood charm with close proximity to top-rated schools, parks, Stanford University, and the vibrant amenities of downtown Palo Alto. An exceptional opportunity to create a legacy property in one of the Peninsula's most desirable communities. Buyers to confirm schools .
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,831 | 1,500 |
| Lot Size | 10,000 | 7,500 |
| Price | $8.49M | $3.80M |
| Price per sq ft | $3.0K | $2.2K |
| Built year | 1926 | 1950 |
| HOA | $0 | $0 |
| Days on market | 14 | 31 |
Jul 9, 2026
$8,488,000
Initial Listing
Mar 11, 2019
$5,600,000
Public Record