$15,000,000
SOLD JUL 24, 2025
4 Beds
4.5 Baths
5,525 Sq Ft
1.36 Acres

Recently Sold

$2,715 Per Sq Ft

73 Days on Market

Highlights

  • Private Pool
  • 1.36 Acre Lot
  • Radiant Floor
  • Barron Park Elementary School Rated A+
  • Secluded Lot
  • Attic

About This Home

As of July 2025

Tucked away in one of Palo Altos most private and serene neighborhoods, 928 Matadero Avenue is a rare opportunity to own a gated 1.36-acre estate blending timeless craftsmanship with modern elegance. Originally built in 2002, this meticulously maintained Craftsman home offers 4 spacious bedrooms, 4.5 bathrooms, and two dedicated offices across 5,525 square feet of refined living space. Thoughtfully designed with high-end finishes throughout, the home features a traditional, yet warm and inviting interior ideal for both everyday living and sophisticated entertaining. Oversized windows frame the lush grounds, filling each room with natural light and views of the expansive lawn, sparkling pool and jacuzzi, tranquil fountain, and mature landscaping. Outdoors, the estates park-like setting is truly unmatched complete with a bluestone patio, heritage oaks, and an apricot orchard. Whether you're enjoying a quiet morning on the patio or hosting a summer gathering, the privacy and natural beauty here are simply unparalleled. Located within the highly sought-after Gunn High School district, and just minutes to Stanford University, tech campuses, and the heart of Silicon Valley, this home represents the ultimate in luxury, location, and lifestyle.

Last Agent to Sell the Property

Tim Kerns

Coldwell Banker Realty License #01800770 Listed on: 04/22/2025

Coldwell Banker Realty

Co-Listed By

Kyle Katz

Coldwell Banker Realty License #02173691

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,495

Year Built

  • Built in 2002

Lot Details

  • 1.36 Acre Lot
  • Security Fence
  • Secluded Lot
  • Sprinkler System
  • Back Yard
  • Zoning described as RIEAC

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking

Home Design

  • Wood Shingle Roof
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,525 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • 2 Fireplaces
  • Gas Fireplace
  • Formal Entry
  • Combination Dining and Living Room
  • Den
  • Library
  • Crawl Space
  • Attic

Kitchen

  • Open to Family Room
  • Gas Oven
  • Range Hood
  • Microwave
  • Freezer
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Radiant Floor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

  • Security Gate
  • Alarm System

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 137-16-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,495

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 23
  • Listing Class: Residential
  • Structure Sq Ft: 5525
  • Year Built: 2002
  • Zoning Description: RIEAC
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Freezer, Hood Over Range, Island, Microwave, Oven Range - Gas
  • Living Sq Ft: 5525
  • Stories: 2
  • Security: Secured Garage / Parking, Security Alarm, Security Fence
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Wood
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Laundry Room, Library, Office Area, Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Crawl Space
  • Pool Description: Spa / Hot Tub
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Lawn
  • Pool: Yes
  • Construction Type: Shingle, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener, Parking Area

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Radiant Floors
  • Sewer/Septic System: Sewer - Public

Association/Amenities

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

Schools

  • School District: Palo Alto Unified
  • High School: Henry M. Gunn High
  • High School: 325

Lot Info

  • Lot Description: Private / Secluded
  • Parcel Number: 137-16-034
  • Lot Acres: 1.3600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 59241.60
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 59241.60

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Palo Alto Unified
  • High School Text: Henry M. Gunn High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2011
Sold by
Preminger Kenneth J
Bought by
Patel Sharad and Zalawadia Pushpoa

Purchase Details

Closed on
Oct 2, 2009
Sold by
Preminger Kenneth J
Bought by
Preminger Kenneth J

Purchase Details

Closed on
Dec 27, 2008
Sold by
Preminger Kenneth J and Kung Jocelyn
Bought by
Preminger Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 14, 2003
Sold by
Preminger Kenneth J and Kung Jocelyn
Bought by
Preminger Kenneth J and Kung Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2001
Sold by
Preminger Elsa M
Bought by
Preminger Kenneth J and Kung Jocelyn

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
7.15%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Preminger Kenneth J and Kung Jocelyn
Bought by
Preminger Kenneth J and Kung Jocelyn

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
7.15%

Purchase Details

Closed on
Jul 5, 2001
Sold by
Preminger Elsa M
Bought by
Preminger Kenneth and Kung Jocelyn

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
7.15%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Preminger Elsa M Trustee
Bought by
Preminger Kenneth and Kung Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
7.87%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1999
Sold by
Preminger Elsa M
Bought by
Kung Jocelyn and Preminger Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
7.87%
Mortgage Type
Seller Take Back
Source: Public Records

Similar Homes in the area

  • 265 Coleridge Ave, Palo Alto, CA 94301

    $11,688,000

    • 6 Beds
    • 8 Baths
    • 5,153 Sq Ft
    • 265 Coleridge Ave
    • Palo Alto, CA

    Experience the pinnacle of contemporary living in this brand-new 5,153 sq ft nestled in one of Palo Altos most coveted neighborhoods. With 6 spacious bedrooms, 6 elegant full baths, 2 stylish powder rooms, and dedicated living, family, dining and entertainment rooms, this residence is thoughtfully designed for modern and comfortable family life. Step inside to elegant entry, crisp modern shaker

    vahid firouzdor Compass

    Section Image
  • 535 Kingsley Ave, Palo Alto, CA 94301

    $13,500,000

    • 5 Beds
    • 3.5 Baths
    • 5,353 Sq Ft
    • 535 Kingsley Ave
    • Palo Alto, CA

    Authentic Victorian architecture from the 1890s, this Professorville home was built in 2004. Rare opportunity to own a newer home in Professorville. This home exudes a vintage ambiance from the outside, w/ wavy shingled front facade, ex-lg covered front porch & slate tile roof in a Necco wafer pattern. Reclaimed S.F. cobblestone with grass median strip recalls the earlier era & magnificent live

    Hanna Shacham Coldwell Banker Realty

    Section Image
  • 640 Los Trancos Rd, Portola Valley, CA 94028

    $12,900,000

    • 4 Beds
    • 3 Baths
    • 3,421 Sq Ft
    • 640 Los Trancos Rd
    • Portola Valley, CA

    Stunning vistas of the hills and bay in this once in a lifetime opportunity to own 12.55 acres in Palo Alto Open Space with a Portola Valley mailing address located on an exclusive private road. Build a new estate or remodel the existing mid-century style home with expansive hill views. Large living room with high ceilings and separate dining room have breathtaking views. Family room/solarium is

    Sue Crawford Coldwell Banker Realty

    Section Image

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 $3,199,750 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Gift Deed -- Bridgespan Title Company
Interfamily Deed Transfer -- Bridgespan Title Company
Interfamily Deed Transfer -- Bridgespan Title Company
Grant Deed $467,500 --
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $500,000 Credit Line Revolving
Previous Owner $2,500,000 Unknown
Previous Owner $500,000 Credit Line Revolving
Previous Owner $2,500,000 Purchase Money Mortgage
Previous Owner $2,000,000 No Value Available
Previous Owner $467,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Sold $15,000,000 +7.2% $2,715 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
05/26/2025 05/26/25 Price Changed $13,995,000 -6.7% $2,533 / Sq Ft
04/22/2025 04/22/25 For Sale $14,995,000 -- $2,714 / Sq Ft
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 $18,495 $1,570,280 $79,556 $1,490,724
2023 $18,225 $1,539,492 $77,997 $1,461,495
2022 $18,016 $1,509,307 $76,468 $1,432,839
2021 $17,659 $1,479,714 $74,969 $1,404,745
2020 $17,283 $1,464,543 $74,201 $1,390,342
2019 $17,916 $1,435,828 $72,747 $1,363,081
2018 $17,432 $1,407,675 $71,321 $1,336,354
2017 $17,124 $1,380,074 $69,923 $1,310,151
2016 $16,672 $1,353,014 $68,552 $1,284,462
2015 $16,505 $1,332,692 $67,523 $1,265,169
2014 $16,133 $1,306,588 $66,201 $1,240,387
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML82003526

MLSListings

APN: 137-16-034