Pending

$3,995,000

1023 Guinda St, Palo Alto, CA 94301

3beds

1,392sqft

$27,267/mo

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Single Family Residence, Residential

Built in 1924

7,500 Square Feet Lot

$-- Zestimate^®

$2,870/sqft

$-- HOA

What's special

A rare development opportunity in one of Palo Alto's most coveted downtown adjacent neighborhoods. Set on a level 7,500 sq ft lot (50 x 150), 1023 Guinda Street pairs a classic 1924 home with build upside that seldom comes to market this close to University Avenue. The existing 3 bedroom, 2.5 bath residence (approx. 1,392 sq ft) is bright, characterful, and livable. A detached rear structure with full bath and cedar sauna adds flexible space; buyer to verify permits and use. The R-1 parcel offers an estimated combined potential of roughly 5,300 to 5,900 sq ft across a new main residence, an uncounted basement, and a detached ADU; buyer to verify all development potential and figures with the City of Palo Alto and qualified professionals. Moments from downtown Palo Alto, Caltrain, and acclaimed schools. Sold as is. Some interior photos are virtually staged and digitally altered; original unaltered photos are included in the set.

20 days

1,126

54

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Dining room

Features: BreakfastRoom, FormalDiningRoom

Family room

Features: SeparateFamilyRoom

Heating

Central Forced Air

Cooling

None

Features

Fireplace features: Living Room

Interior area

Total structure area: 1,392
Total interior livable area: 1,392 sqft

Property

Parking

Total spaces: 2
Parking features: Carport
Carport spaces: 2

Features

Stories: 1
Pool features: Sauna or Steam Room

Lot

Size: 7,500 Square Feet

Details

Parcel number: 00334026
Zoning: R1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence, Residential

Materials

Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1924

Utilities & green energy

Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public

Community & HOA

Location

Region: Palo Alto

Financial & listing details

Price per square foot: $2,870/sqft
Tax assessed value: $314,795
Annual tax amount: $3,832
Date on market: 7/16/2026
Listing agreement: ExclusiveRightToSell
Listing terms: CashorConventionalLoan

Estimated market value

Not available

Estimated sales range

Not available

$7,329/mo

Price history

Date	Event	Price
7/21/2026	Pending sale	$3,995,000$2,870/sqft
Source: MLSListings Inc #ML82054422 Report a problem
7/16/2026	Listed for sale	$3,995,000$2,870/sqft
Source: MLSListings Inc #ML82054422 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,832 +4.3%	$314,795 +2%
2024	$3,674 +1.5%	$308,623 +2%
2023	$3,618 +1.3%	$302,573 +2%
2022	$3,574 +1.6%	$296,641 +2%
2021	$3,517 -19%	$290,825 +1%
2020	$4,344	$287,844 +2%
2019	$4,344 +3.6%	$282,201 +2%
2018	$4,193	$276,668 +2%
2017	$4,193 +1.8%	$271,244 +2%
2016	$4,118 +6.2%	$265,926 +1.5%
2015	$3,877 +4.6%	$261,933 +2%
2014	$3,708	$256,803 +0.5%
2013	--	$255,643 +2%
2012	--	$250,631 +2%
2011	--	$245,718 +0.8%
2010	--	$243,883 -0.2%
2009	--	$244,463 +2%
2008	--	$239,670 +2%
2007	--	$234,971 +2%
2006	--	$230,364 +2%
2005	--	$225,848 +2%
2004	--	$221,421 +1.9%
2003	--	$217,364 +2%
2002	--	$213,103 +2%
2001	--	$208,925

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: Community Center

Getting around

51 / 100

Somewhat Walkable

35 / 100

Some Transit

79 / 100

Very Bikeable

Nearby schools

GreatSchools rating

9/10
Walter Hays Elementary School
Grades: K-5Distance: 0.5 mi
9/10
Frank S. Greene Jr. Middle
Grades: 6-8Distance: 1 mi
10/10
Palo Alto High School
Grades: 9-12Distance: 0.9 mi

Schools provided by the listing agent

District: PaloAltoUnified

Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.