$24,950,000

102 University Ave Unit 3A 3B 3C Palo Alto, CA 94301

University South Neighborhood

Estimated payment $147,689/month

Total Views 1,052
6 Beds
9 Baths
7,471 Sq Ft
$3,340 Price per Sq Ft

Highlights

  • Solar Power System
  • 3-minute walk to Palo Alto
  • City Lights View
  • Addison Elementary School Rated A+
  • Primary Bedroom Suite
  • 2-minute walk to Lytton Plaza

About This Home

This is a collection of three residential condos APNs 120-73-001, 120-73-002, and 120-73-003 connected by a private common area and sold together as a compound. Perched above the city with sweeping views from downtown Palo Alto to the Santa Cruz Mountains, this architectural triumph known as "The Castle in the Sky" is a true one-of-one. Designed in 2012 by Bellomo Architects as the architect's personal residence, this slag-based concrete compound offers unmatched rarity, security, and exclusivity. Set atop a two-story commercial building and the only residential use in the area, this private enclave offers 17,000 sf of exclusive use space featuring three impeccably designed condos. Each offers 2 bedrooms, 2.5 baths, private balconies, and expansive 1,000 sq ft rooftop gardens with 3 feet of soil for true outdoor living. Fleetwood floor-to-ceiling windows, radiant hydronic heating/cooling, and floating staircases create a seamless, sophisticated design. Multiple layers of controlled access and an 8-vehicle subterranean garage with car elevator ensure protection and discretion. Tucked in the heart of Palo Alto, this hidden fortress above the city provides total seclusion with immediate proximity to the world's most influential tech and business hub.

Last Listed By

Sam Arsan

Arsan Realty License #00932410 Listed on: 05/30/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,598

Year Built

  • Built in 2011

Lot Details

  • 8,089 Sq Ft Lot
  • Fenced
  • Secluded Lot
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Grass Covered Lot
  • Zoning described as CDCGF

HOA Fees

  • $6,000 Monthly HOA Fees

Parking

  • 7 Car Garage
  • Subterranean Parking
  • Lighted Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Modern Architecture
  • Reinforced Concrete Foundation
  • Slab Foundation
  • Ceiling Insulation
  • Floor Insulation
  • Bitumen Roof
  • Piling Construction
  • Concrete Perimeter Foundation
  • Quake Bracing

Interior Spaces

  • 7,471 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Solar Screens
  • Great Room
  • Separate Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Workshop
  • Utility Room
  • Finished Basement
  • Sump Pump

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Synthetic Countertops
  • Disposal

Flooring

  • Radiant Floor
  • Concrete

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Gate
  • Monitored
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation
  • No or Low VOC Paint or Finish
  • Solar Power System

Outdoor Features

  • Balcony
  • Deck
  • Fire Pit

Utilities

  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 120-73-001

Community Details

Overview

  • Association fees include common area electricity, common area gas, electricity, garbage, insurance - common area, insurance - homeowners, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, unit coverage insurance, water / sewer
  • Circle Owner's Association, Inc. Association

Additional Features

  • Courtyard
  • Controlled Access

Property Details

Property Type

Other

Est. Annual Taxes

$19,598

Year Built

Built in 2011

Lot Details

0

HOA Fees

$6,000 per month

Parking

7

Listing Details

  • Style: Modern / High Tech
  • Age: 14
  • Listing Class: Residential
  • Structure Sq Ft: 7471
  • Year Built: 2011
  • Zoning Description: CDCGF
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Nook, Dining Area, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Synthetic, Dishwasher, Dual Fuel, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Ice Maker, Island with Sink, Oven - Electric, Oven Range - Built-In, Gas, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 7471
  • Stories: 3
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking, Varies by Unit, Video / Audio System
  • Bedrooms: More than One Primary Bedroom, Primary Suite / Retreate - 2+, Walk-in Closet
  • Laundry: Inside, Tub / Sink, Upper Floor, Washer / Dryer
  • Flooring: Concrete
  • Additional Rooms: Basement - Finished, Bonus / Hobby Room, Great Room, Office Area, Storage, Utility Room, Workshop
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Dual Flush Toilet, Granite, Half on Ground Floor, Oversized Tub, Shower and Tub, Showers over Tubs - 2+, Stall Shower, Stall Shower - 2+, Tubs - 2+

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Concrete Slab, Piling, Quake Bracing, Reinforced Concrete
  • Roof: Bitumen, Concrete
  • View: City Lights, Hills, Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio, Courtyard, Deck, Drought Tolerant Plants, Fenced, Fire Pit, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Concrete, Low VOC Finishes, Steel

Garage/Parking

  • Garage Spaces: 7
  • Garage Max: 7
  • Garage Min: 7
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Lighted Parking Area, Underground Parking

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sump Pump

Condo/Co-op/Association

  • HOA Fees: 6000
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Electricity, Garbage, Insurance - Common Area, Insurance - Homeowners, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Unit Coverage Insurance, Water / Sewer
  • H O A Name Text: Circle Owner's Association, Inc.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Walk-in Closet

Schools

  • School District: Palo Alto Unified

Lot Info

  • Lot Description: Private / Secluded, Subdivided, Surveyed, Views
  • Parcel Number: 120-73-001
  • Lot Acres: 0.1857
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8090.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8090.00

Green Features

  • Energy Features: Ceiling Insulation, Chemical Free Insulation, Double Pane Windows, Green Features, Insulation - Floor, Low Flow Shower, Low Flow Toilet, Solar Power, Solar Power On Grid, Solar Screens, Tankless Water Heater, Thermostat Controller, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Palo Alto Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,598 $1,296,145 $478,207 $817,938
2023 $19,352 $1,270,731 $468,831 $801,900
2022 $19,183 $1,245,816 $459,639 $786,177
2021 $19,133 $1,221,389 $450,627 $770,762
2020 $18,812 $1,208,866 $446,007 $762,859
2019 $18,669 $1,185,163 $437,262 $747,901
2018 $18,227 $1,161,926 $428,689 $733,237
2017 $18,013 $1,139,144 $420,284 $718,860
2016 $17,630 $1,116,809 $412,044 $704,765
2015 $17,616 $1,100,034 $405,855 $694,179
2014 $17,223 $1,078,486 $397,905 $680,581
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $24,950,000 -- $3,340 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $6,301,751 Construction
Source: Public Records

Source: MLSListings

MLS Number: ML82009163

MLSListings

APN: 120-73-001