
Palo Alto, California 94301
Analysis of 1836 Webster Street, Palo Alto, California 94301 is currently available with a list price of $7,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Originally built in 1926, the home features a kitchen and bathrooms that appear to be 25-35 years old (dated tile countertops, older white appliances, and 80s-style fixtures). The listing description emphasizes the opportunity to 'remodel, expand, or create a custom home,' suggesting that while the structure is functional, the systems and finishes are at the end of their modern life cycle.
High School: Palo Alto High School (9/10).
Situated in the heart of prestigious Old Palo Alto, this property offers unparalleled access to Stanford University, top-rated schools, and the elite amenities of Silicon Valley.
The expansive 10,000 sq. ft. lot provides a rare and significant canvas for developers or end-users to create a custom legacy estate or a substantial luxury 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 structure likely requires a comprehensive remodel or complete rebuild to meet modern luxury standards, necessitating a large additional capital investment.
With 49 days on the market and a recent $500,000 price reduction, the property has faced initial resistance, suggesting the original valuation was aggressive for its current condition.
Price Improved! 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 | 3.3 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,831 | 1,689.34 |
| Lot Size | 10,000 | 7,261.56 |
| Price | $8.00M | $3.84M |
| Price per sq ft | $2.8K | $2.2K |
| Built year | 1926 | 1951 |
| HOA | $0 | $0 |
| Days on market | 62 | 30 |
Aug 27, 2026
$7,995,000
$8,488,000
-6% Price Drop
Initial Listing
Jul 9, 2026
$8,488,000
Initial Listing
Mar 11, 2019
$5,600,000
Public Record