$8,000,000
SOLD MAY 30, 2025

4103 Old Trace Rd Palo Alto, CA 94306

Barron Park Neighborhood
1.03 Acres
$7,795,751 Price per Acre
44,701 Sq Ft Lot

Recently Sold

85 Days on Market

Highlights

  • 1.03 Acre Lot
  • Lucille M. Nixon Elementary School Rated A+
  • Level Lot

About This Lot

As of May 2025

Updated ON 01/23/25: A,RARE Palo Alto sunny vacant flat 1.03 Acre lot across Foothill Blvd at Arastradero from Gunn High School. Zoned RE for Res/Commercial use per Chapter 18.10 Permitted & CUP (conditional use permit required). See uses on chart. Permitted uses include: a place of worship, veterinary services, day care facility, pre-school, museum/library, home occupation, Bed & Breakfast, Guest Ranch, Garden Nursery, Large Adult Day Care, & many more uses...see chart Buyers to verify with city of Palo Alto uses under Chapter 18.16 Res/Comm uses. Hurry, this one won't last!

Last Agent to Sell the Property

Jan Strohecker

Intero Real Estate Services License #00620365 Listed on: 12/04/2024

Intero Real Estate Services

Last Buyer's Agent

Melanie Griswold

Melanie Griswold, Broker License #02062412

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,496

Lot Details

  • 1.03 Acre Lot
  • Level Lot

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Property Details

Property Type

Land

Est. Annual Taxes

$5,496

Lot Details

0

Listing Details

  • Zoning: RE
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Possible

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Palo Alto Unified
  • Elementary School: Herbert Hoover Elementary
  • High School: Henry M. Gunn High
  • High School: 325
  • Elementary School: 316

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 1.0262
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44701.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44701.00
  • Parcel Access: Accessible

Multi Family

  • Utilities: Available - Not On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Smithwick Living Trust and Brennan Linda Jean
Bought by
Steel Bridge Homes Palo Alto Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.83%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 15, 1998
Sold by
Smithwick A D and Smithwick U
Bought by
Smithwick Alton D and Smithwick Ursula Louise
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,000,000 Chicago Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $8,000,000 0.0% --
02/28/2025 02/28/25 Pending -- -- --
12/04/2024 12/04/24 For Sale $8,000,000 -- --
Source: MLSListings

Tax History Compared to Growth

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 $5,496 $50,480 $50,480 --
2023 $5,501 $49,491 $49,491 $0
2022 $5,567 $48,521 $48,521 $0
2021 $1,470 $47,570 $47,570 $0
2020 $3,945 $47,083 $47,083 $0
2019 $3,723 $46,160 $46,160 $0
2018 $2,975 $45,255 $45,255 $0
2017 $2,881 $44,368 $44,368 $0
2016 $2,630 $43,499 $43,499 $0
2015 $2,747 $42,846 $42,846 $0
2014 $1,443 $42,007 $42,007 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Strohecker

    Seller's Agent in 2025

    Jan Strohecker

    Intero Real Estate Services

    (650) 906-6516

    1 in this area

    15 Total Sales

    Section Image
  • Melanie Griswold

    Buyer's Agent in 2025

    Melanie Griswold

    Melanie Griswold, Broker

    (415) 265-1086

    1 in this area

    13 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81987889

MLSListings

APN: 175-20-078

California Santa Clara County Palo Alto 94304 Barron Park

4103 Old Trace Rd, Palo Alto, CA

This home is located at 4103 Old Trace Rd, Palo Alto, CA 94306 and is currently priced at $8,000,000. 4103 Old Trace Rd is a home located in Santa Clara County with nearby schools including Lucille M. Nixon Elementary School, Ellen Fletcher Middle, and Henry M. Gunn High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes