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Sold for $9,850,000
    • $9,850,000

    1060 Palo Alto Ave, Palo Alto, CA 94301

    5beds
    5,984sqft
    Single Family Residence, Residential
    Built in 2007
    0.56 Acres Lot
    $11,539,600 Zestimate®
    $1,646/sqft
    $7,929 Estimated rent

    Home value

    $11,539,600

    $10.39M - $12.81M

    $7,929/mo

    Zestimate® history
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    What's special

    Half of an acreStanford universitySmart home featuresDining roomHigh - end materialsCalifornia indoorExecutive office
    An unparalleled setting in one of Palo Alto's finest neighborhoods provides the backdrop for this spectacular estate on over half of an acre. Impeccable details, smart home features, and high-end materials grace nearly 6,000 sf of space and create an air of luxury and elegance. A spacious living room and dining room, gourmet kitchen, family room with an adjoining kitchenette, and an executive office provide refined spaces for both entertaining and daily life, while the primary suite featuring a spa-like bathroom elevates the home's 5 en suite bedrooms. Five-star grounds offer the ideal venue to enjoy a California indoor/outdoor lifestyle with a Viking outdoor kitchen, 50'-long heated pool, and a cabana, all framed by 2 majestic palm trees. Situated within walking distance of vibrant University Avenue, this estate is also mere moments to beautiful parks, Stanford University, convenient commute options and top-ranked public and private schools (buyer to verify eligibility).

    Zillow last checked:

    Listing updated:

    Listed by:

    DeLeon Team 70010006 650-900-7000,

    Deleon Realty 650-543-8500

    Bought with:

    Brian Chancellor, 01174998

    Christie's International Real Estate Sereno

    Source: MLSListings Inc,MLS#: ML81952933MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Laundry, Office
    Bedroom
    • Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset
    Bathroom
    • Features: Bidet, DoubleSinks, Granite, PrimaryStallShowers, PrimaryTubwJets, ShowersoverTubs2plus, SplitBath, Tile, FullonGroundFloor, HalfonGroundFloor
    Dining room
    • Features: BreakfastBar, DiningArea, DiningBar, EatinKitchen, FormalDiningRoom
    Family room
    • Features: SeparateFamilyRoom
    Kitchen
    • Features: Countertop_Granite, IslandwithSink, Pantry
    Heating
    • Fireplace(s), Forced Air, Gas
    Cooling
    • Ceiling Fan(s), Central Air, Zoned
    Appliances
    • Included: Dishwasher, Freezer, Disposal, Range Hood, Microwave, Built In Oven, Oven/Range, Refrigerator, Dryer, Washer
    • Laundry: Tub/Sink, Upper Floor, Inside
    Features
    • High Ceilings, Wet Bar, Walk-In Closet(s)
    • Flooring: Hardwood, Tile
    • Number of fireplaces: 6
    • Fireplace features: Family Room, Gas Log, Living Room, Primary Bedroom, Outside, Two Way
    Interior area
    • Total structure area: 5,984
    • Total interior livable area: 5,984 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached, Electric Gate, Garage Door Opener, On Street, Parking Restrictions
    • Garage spaces: 2
    Features
    • Stories: 2
    • Patio & porch: Balcony/Patio
    • Exterior features: Back Yard, Barbecue, Fenced
    • Pool features: Pool Cover, In Ground
    • Spa features: Other, Spa/HotTub
    • Fencing: Gate
    Lot
    • Size: 0.56 Acres
    • Features: Mostly Level
    Details
    • Additional structures: Garage
    • Parcel number: 00305014
    • Zoning: R1929
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Slab
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 2007

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $1,646/sqft
    • Tax assessed value: $10,247,940
    • Date on market: 1/31/2024
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    5/15/2024Sold$9,850,000-17.8%$1,646/sqft
    Source: MLSListings Inc #ML81952933 Report a problem
    5/8/2024Pending sale$11,988,000$2,003/sqft
    Source: MLSListings Inc #ML81952933 Report a problem
    2/16/2024Contingent$11,988,000$2,003/sqft
    Source: MLSListings Inc #ML81952933 Report a problem
    1/31/2024Listed for sale$11,988,000+78.9%$2,003/sqft
    Source: MLSListings Inc #ML81952933 Report a problem
    6/17/2008Sold$6,700,000-10.5%$1,120/sqft
    Source: Public Record Report a problem
    4/18/2008Listed for sale$7,485,000+293.9%$1,251/sqft
    Source: Keller Williams Realty Report a problem
    8/25/2003Sold$1,900,000$318/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $10,247,940 +2%
    2025$121,740 +15.5%$10,047,000 +12.9%
    2024$105,439 +1.5%$8,898,935 +2%
    2023$103,899 +1.1%$8,724,447 +2%
    2022$102,721 +2%$8,553,381 +2%
    2021$100,701 +2.2%$8,385,668 +1%
    2020$98,576 $8,299,684 +2%
    2019$98,576 +4%$8,136,946 +2%
    2018$94,770 $7,977,399 +2%
    2017$94,770 +1.8%$7,820,980 +2%
    2016$93,111 +3.7%$7,667,629 +1.5%
    2015$89,824 +14.5%$7,552,455 +14.9%
    2014$78,455 $6,574,900 +11%
    2013-- $5,923,300 +10.4%
    2012-- $5,367,000 +2.2%
    2011-- $5,250,000 +1%
    2010-- $5,200,000 -23.9%
    2009-- $6,834,000 +29.9%
    2008-- $5,260,256 +89.8%
    2007-- $2,770,914 +46.5%
    2006-- $1,890,984 +5.9%
    2005-- $1,785,000 -6.1%
    2004-- $1,900,000 +1629.2%
    2003-- $109,879 +2%
    2002-- $107,726 +2%
    2001-- $105,615
    Find assessor info on the county website

    Neighborhood: Crescent Park

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: AddisonElementary
    • Middle: DavidStarrJordanMiddle_1
    • High: PaloAltoHigh
    • 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.

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    Estimated market value
    $11,539,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $11,539,600

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