RENTED MAY 18, 2026

Estimated Value: $6,988,000 - $8,213,000

6 Beds
7 Baths
4,998 Sq Ft
$1,536/Sq Ft Est. Value

Sale Details

Date Sold: May 4, 2026

Last sale price $8,108,000 $1,622 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $47,415 / mo

Highlights

  • Sound Studio
  • Wine Cellar
  • New Construction
  • Duveneck Elementary School Rated A+
  • Home Theater
  • Sauna

About This Home

As of May 2026

Rare new construction in Palo Alto’s highly desirable Crescent Park neighborhood, just minutes from Stanford University and Downtown. Designed for luxury, space, and convenience, this expansive 4,998 sq ft home features 6 bedrooms, 5 full and 2 half bathrooms. The open-concept Great Room showcases retractable stacking glass doors, seamlessly connecting indoor and outdoor living to a spacious patio and private backyard. The chef’s kitchen is equipped with a large waterfall island, custom cabinetry, and top-of-the-line Miele appliances, including induction cooktop, steam/convection oven, espresso machine, and wine cooler. A second full kitchen with walk-in pantry adds exceptional flexibility. The luxurious primary suite offers a custom walk-in closet and spa-inspired bath with soaking tub, skylights, dual vanities, and a curbless shower. The lower level is designed for entertainment and relaxation, featuring a private home theater, sauna, custom wine cellar, and a recreation room with bar, dishwasher, and beverage fridge. Additional highlights include fully-owned solar, dual-zone heating & A/C, EV-ready garage, and high-performance insulation for enhanced comfort and efficiency.

Last Agent to Rent the Property

Yue Wang

HomeSmart, Evergreen Realty Brokerage Email: usyuefang@gmail.com License #01969636 Listed on: 05/07/2026

HomeSmart, Evergreen Realty

Last Renter's Agent

Josh Rubin

Compass License #01995038

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 9,100 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Back Yard

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,998 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wine Cellar
  • Living Room with Fireplace
  • Home Theater
  • Bonus Room with Fireplace
  • Sound Studio
  • Sauna
  • Convection Oven
  • Neighborhood Views
  • Finished Basement

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Palo Alto High School

Additional Features

  • Solar Heating System
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $22,980
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 5/7/26
  • Legal Lot and Block 6 / 115
  • Assessor Parcel Number 00309033

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

9,100 Sq Ft Lot

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2026-05-07
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 22980
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: Security System, Smoke Detector(s)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 00309033
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 4998.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Bonus Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 4.80
  • Room Type: Sauna, Sound Studio, Jack & Jill, Walk-In Closet, Laundry, Bonus Room, Basement, Kitchen, Media Room, Wine Cellar
  • Window Features: Skylight(s)
  • Basement: Finished

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Solar, Central
  • Laundry Features: Individual Room, Electric Dryer Hookup, Washer Hookup, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • Elementary School Other: Duveneck Elementary
  • Middle Or Junior School Other: Greene Middle School
  • High School: Palo Alto
  • High School2: PALALT

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Landscaped, Back Yard
  • Lot Size Sq Ft: 9100.00
  • Lot Size Acres: 0.2089
  • Latitude Manual: 37.45716700

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 9100.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Block: 115
  • Tax Lot: 6

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
May 7, 2026
Closed on
Apr 29, 2026
Sold by
Bought by
Seller's Agent
Yue Wang
HomeSmart, Evergreen Realty
Buyer's Agent
Josh Rubin
Compass
Sold Price
$23,980
Views
24
Current Estimated Value
$7,676,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,652,106
Avg. Annual Appreciation
-34.37%

Purchase Details

Closed on
Dec 6, 2022
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2022
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
$2,490,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2022
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
$2,490,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2016
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
$2,122,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 17, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 1997
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
$400,000
Interest Rate
7.5%

Purchase Details

Closed on
Dec 20, 1994
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
$416,500
Interest Rate
9.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$8,108,000 Chicago Title
-- --
-- Bay Wealth Legal Group Llp
$4,150,000 Old Republic Title
$2,830,000 Old Republic Title Company
-- --
-- --
-- Financial Title Company
-- North American Title Co
$595,000 North American 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
Previous Owner $2,490,000
Previous Owner $2,122,500
Previous Owner $400,000
Previous Owner $416,500
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 Prior Sale
05/18/2026 05/18/26 Rented $23,980 +4.4% --
05/10/2026 05/10/26 Off Market $22,980 -- --
05/07/2026 05/07/26 For Rent $22,980 0.0% --
05/04/2026 05/04/26 Sold $8,108,000 +15.8% $1,622 / Sq Ft View Prior Sale
04/23/2026 04/23/26 Pending -- -- --
04/16/2026 04/16/26 For Sale $6,999,000 -- $1,400 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $74,348 $6,177,600 $4,161,600 $2,016,000
2024 $50,180 $4,262,000 $4,080,000 $182,000
2023 $49,115 $4,150,000 $4,000,000 $150,000
2022 $37,624 $3,156,915 $3,067,676 $89,239
2021 $36,882 $3,095,016 $3,007,526 $87,490
2020 $36,097 $3,063,281 $2,976,688 $86,593
2019 $35,707 $3,003,218 $2,918,322 $84,896
2018 $34,712 $2,944,332 $2,861,100 $83,232
2017 $34,104 $2,886,600 $2,805,000 $81,600
2016 $12,056 $1,025,686 $779,006 $246,680
2015 $11,941 $1,010,280 $767,305 $242,975
2014 $12,388 $990,491 $752,275 $238,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26098790

California Regional Multiple Listing Service (CRMLS)

APN: 003-09-033

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