NOT LISTED FOR SALE

548 E Crescent Dr Palo Alto, CA 94301

Crescent Park Neighborhood

Estimated Value: $6,824,000 - $7,646,024

4 Beds
5.5 Baths
3,987 Sq Ft
$1,791/Sq Ft Est. Value

Sale Details

Date Sold: July 25, 2025

Last sale price $6,800,000 $1,706 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $43,968 / mo

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Garden View
  • Duveneck Elementary School Rated A+
  • Main Floor Bedroom
  • Tudor Architecture

About This Home

As of July 2025

Timeless Tudor in Crescent Park! A truly exceptional opportunity in the most sought-after location in Palo Alto. This timeless Tudor, designed by renowned architect Charles K. Sumner, sits on an expansive 15,188 sq ft lot, an increasingly rare find in the area. The property has been home to only three families, including notable figures such as IBM legend Reynold Johnson and a MedTech CEO behind a historic acquisition adding a rich layer of Silicon Valley history to its undeniable charm. The main residence is complemented by an 843 sqft 2-car garage with an attached apartment, a 389 sqft cottage, and a beautifully landscaped, wedding-worthy garden and backyard retreat. Ideally located on one of Palo Alto's most beautiful streets, this home is just minutes from the nationally top-ranked Duveneck Elementary and a short stroll to Rinconada Library, the community pool, Childrens Theatre, arts center, tennis courts, and Eleanor Pardee Park. Enjoy easy biking distance to Stanford University and quick access to Hwy 101. With a rare lot size, updated interior, and endless potential, this is a once-in-a-generation opportunity to own a legacy home in Crescent Park.

Last Agent to Sell the Property

Maggie Ma

Keller Williams Palo Alto License #02117367 Listed on: 07/18/2025

Keller Williams Palo Alto

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 15,189 Sq Ft Lot
  • Wood Fence
  • Flag Lot
  • Zoning described as R1929

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Property Views

  • Garden
  • Neighborhood

Home Design

  • Tudor Architecture
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,987 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Garden Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Loft
  • Workshop
  • Storage Room
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 003-10-006

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Tudor
  • Property Condition: Seller Will Remodel
  • Listing Class: Residential
  • Structure Sq Ft: 3987
  • Year Built: 1928
  • Zoning Description: R1929
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Dishwasher, Microwave, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 3987
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Gas Hookup, Inside
  • Flooring: Hardwood
  • Additional Rooms: Basement - Unfinished, Loft, Office Area, Storage, Workshop
  • Fireplaces Min: 3
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Full on Ground Floor, Half on Ground Floor
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Wood Shakes / Shingles
  • View: Garden / Greenbelt, Neighborhood
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window, Open Beam Ceiling

Schools

  • High School: 327

Lot Info

  • Lot Description: Flag Lot
  • Parcel Number: 003-10-006
  • Lot Acres: 0.3487
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15188.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15188.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Duveneck Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Jul 16, 2025
Sold by
Bought by
Seller's Agent
Maggie Ma
Keller Williams Palo Alto
Buyer's Agent
RECIP
Out of Area Office
List Price
$7,150,000
Sold Price
$6,800,000
Premium/Discount to List
-$350,000
-4.9%
Views
7
Current Estimated Value
$7,246,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$446,943
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Jan 27, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
0.0412%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,800,000 Old Republic Title
-- None Available
$3,545,000 Old Republic Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $417,000
Closed $2,000,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $6,800,000 -4.9% $1,706 / Sq Ft
07/18/2025 07/18/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $7,150,000 -- $1,793 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $57,909 $4,941,426 $4,042,357 $899,069
2024 $57,909 $4,844,537 $3,963,096 $881,441
2023 $57,062 $4,749,547 $3,885,389 $864,158
2022 $56,411 $4,656,419 $3,809,205 $847,214
2021 $55,302 $4,565,117 $3,734,515 $830,602
2020 $54,144 $4,518,309 $3,696,223 $822,086
2019 $53,553 $4,429,716 $3,623,749 $805,967
2018 $52,063 $4,342,860 $3,552,696 $790,164
2017 $51,152 $4,257,707 $3,483,036 $774,671
2016 $49,818 $4,174,224 $3,414,742 $759,482
2015 $49,341 $4,111,524 $3,363,450 $748,074
2014 $48,441 $4,030,986 $3,297,565 $733,421
Source: Public Records

Agents Affiliated with this Home

  • Maggie Ma

    Seller's Agent in 2025

    Maggie Ma

    Keller Williams Palo Alto

    (650) 709-5588

    2 in this area

    21 Total Sales

    Maggie Ma
    Section Image

  • R

    Buyer's Agent in 2025

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML82009514

MLSListings

APN: 003-10-006

California Santa Clara County Palo Alto 94301 Crescent Park

548 E Crescent Dr, Palo Alto, CA

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