$13,888,000

Estimated payment $89,075/month

Total Views 3,288
8 Beds
4 Baths
4,474 Sq Ft
$3,104 Price per Sq Ft

Highlights

  • 0.46 Acre Lot
  • 5 Car Detached Garage
  • Dining Area
  • Walter Hays Elementary Rated A+
  • Forced Air Heating System

About This Home

Rare opportunity to own a special property on a large lot in prestigious Old Palo Alto. The property features 4 cottages on an expansive flat 20,000 sq ft lot with mature trees. Each home has 2 bedrooms and 1 bath, outdoor private and fenced space and detached garages. This property gives you steady income while exploring its full of opportunites. Top rated Palo Alto Schools. Nearby Gamble Gardens, Rinconada Park, Town & Country Village, Palo Alto High School, Tech companies, Stanford University, Stanford Mall, Stanford Hospital, Downtown Palo Alto, California Ave. shopping district with easy access to major highways. Buyer to verify with City for development guidelines, schools and square footage.

Listing Agent

Vivian Jiang

Maxreal License #01380838 Listed on: 07/07/2025

Maxreal

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $160,835

Year Built

  • Built in 1941

Lot Details

  • 0.46 Acre Lot
  • Zoning described as R1B1

Parking

  • 5 Car Detached Garage

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,474 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System

Community Details

Listing and Financial Details

  • Assessor Parcel Number 124-16-025

Property Details

Property Type

Other

Est. Annual Taxes

$160,835

Year Built

Built in 1941

Lot Details

0

Parking

5

Listing Details

  • Age: 84
  • Listing Class: Residential
  • Structure Sq Ft: 4474
  • Year Built: 1941
  • Zoning Description: R1B1
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 4474
  • Maximum Numberof Bedrooms: 8
  • Minimum Numberof Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 5
  • Garage Max: 5
  • Garage Min: 5
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 124-16-025
  • Lot Acres: 0.4591
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20000.00

Multi Family

  • Utilities: Public Utilities

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
2025 $160,835 $13,881,517 $13,517,413 $364,104
2024 $160,835 $13,609,331 $13,252,366 $356,965
2023 $158,491 $13,342,482 $12,992,516 $349,966
2022 $156,701 $13,080,865 $12,737,761 $343,104
2021 $153,622 $12,824,378 $12,488,001 $336,377
2020 $150,372 $12,692,880 $12,359,952 $332,928
2019 $148,741 $12,444,000 $12,117,600 $326,400
2018 $144,562 $12,200,000 $11,880,000 $320,000
2017 $3,659 $232,276 $97,124 $135,152
2016 $3,558 $227,722 $95,220 $132,502
2015 $3,516 $224,302 $93,790 $130,512
2014 -- $219,909 $91,953 $127,956
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $13,888,000 +13.8% $3,104 / Sq Ft
12/05/2017 12/05/17 Sold $12,200,000 -4.7% $11,091 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
09/14/2017 09/14/17 For Sale $12,800,000 -- $11,636 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $12,200,000 Chicago Title Company
Source: Public Records

Source: MLSListings

MLS Number: ML82013663

MLSListings

APN: 124-16-025