GRAND NEW ESTATE IN OLD PALO ALTO | This French Contemporary estate built in 2022 occupies more than a quarter acre in the most coveted part of prestigious Old Palo Alto, deftly blending ultimate privacy, masterful craftsmanship, and premier access to top destinations. The fully gated home is crafted from only the finest materials, with spaces carefully tailored to embrace indoor-outdoor living to the fullest. Glamorous interiors dazzle with whole-house automation, an elevator, catering-grade kitchen, and entertainment-ready lower level with wine room, theater, and more. Observe masterful craftsmanship in the floating staircase, plentiful paneling, and book-matched slabs throughout. Grounds showcase water and fire features, an outdoor kitchen, mature landscaping, and expansive bluestone terraces. Contemporary splendor awaits at every turn. Less than one mile from Downtown Palo Alto, Town & Country Village, Stanford University, and exceptional schools. Designer furnishings included.
Sold for $21,250,000
$21,250,000
1700 Waverley St, Palo Alto, CA 94301
5beds
7,178sqft
Single Family Residence, Residential
Built in 2022
0.29 Acres Lot
$21,032,200 Zestimate®
$2,960/sqft
$7,127 Estimated rent
Home value
$21,032,200
$19.35M - $22.93M
$7,127/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Julie Tsai Law 01339682 650-799-8888,
Compass 650-323-1111,
Jessie Dai 01328424 408-839-0125,
Compass
Bought with:
Huan Fang, 02148629
Suen, Peter
Source: MLSListings Inc,MLS#: ML82030536
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Rooms
- Room types: Basement, Great Room, Laundry, Loft, Media Room, Office, Utility Room
Bedroom
- Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset
Bathroom
- Features: DoubleSinks, Marble, Sauna, ShowerandTub, ShowersoverTubs2plus, StallShower2plus, SteamShower, TubinPrimaryBedroom, FullonGroundFloor, HalfonGroundFloor
Dining room
- Features: BreakfastBar, BreakfastNook, FormalDiningRoom
Family room
- Features: SeparateFamilyRoom
Kitchen
- Features: _220VoltOutlet, Countertop_Marble, ExhaustFan, Island, IslandwithSink
Heating
- Central Forced Air
Cooling
- Central Air, Zoned
Appliances
- Included: Dishwasher, Exhaust Fan, Disposal, Range Hood, Microwave, Double Oven, Gas Oven/Range, Refrigerator, Wine Refrigerator, Washer/Dryer, Warming Drawer
- Laundry: Upper Floor, Inside, In Utility Room
Features
- Vaulted Ceiling(s), Video Audio System, Wet Bar, Walk-In Closet(s), Security Gate
- Flooring: Hardwood, Marble, Stone, Tile, Wood
- Basement: Finished
- Number of fireplaces: 4
- Fireplace features: Family Room, Living Room, Other, Outside, Two Way
Interior area
- Total structure area: 7,178
- Total interior livable area: 7,178 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Electric Gate, Garage Door Opener
- Attached garage spaces: 2
Accessibility
- Accessibility features: Elevator/Lift
Features
- Stories: 2
- Patio & porch: Balcony/Patio
- Exterior features: Back Yard, Fenced, Gazebo, Fire Pit
- Fencing: Back Yard,Front Yard,Gate
Lot
- Size: 0.29 Acres
Details
- Additional structures: Pergola
- Parcel number: 12408083
- Zoning: R1929
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,French
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Permanent, Other, Concrete Perimeter and Slab, Reinforced Concrete, Steel Frame, Wood Frame
- Roof: Metal, Other
Condition
- New construction: Yes
- Year built: 2022
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public, Solar
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $2,960/sqft
- Tax assessed value: $12,658,613
- Annual tax amount: $153,113
- Date on market: 1/7/2026
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 2/9/2026 | Sold | $21,250,000-18.1%$2,960/sqft |
Source:  MLSListings Inc #ML82030536 Report a problem | ||
| 1/21/2026 | Pending sale | $25,950,000+483.2%$3,615/sqft |
Source: MLSListings Inc #ML82030536 Report a problem | ||
| 3/12/2013 | Sold | $4,449,750+22.1%$620/sqft |
Source: Public Record Report a problem | ||
| 6/5/2009 | Listing removed | $3,645,000$508/sqft |
Source: Alain Pinel Realtors #80846561 Report a problem | ||
| 5/16/2009 | Price change | $3,645,000-4%$508/sqft |
Source: Alain Pinel Realtors #80846561 Report a problem | ||
| 11/24/2008 | Listed for sale | $3,795,000$529/sqft |
Source: Alain Pinel Realtors #80846561 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $153,113 +4.3% | $12,658,613 +2% |
| 2024 | $146,755 +1.5% | $12,410,405 +2% |
| 2023 | $144,616 +63.2% | $12,167,064 +65.3% |
| 2022 | $88,590 +21.6% | $7,359,489 +21.9% |
| 2021 | $72,840 +21.6% | $6,038,419 +20.5% |
| 2020 | $59,886 | $5,010,629 +2% |
| 2019 | $59,886 +4% | $4,912,382 +2% |
| 2018 | $57,575 | $4,816,061 +2% |
| 2017 | $57,575 +1.8% | $4,721,629 +2% |
| 2016 | $56,567 +3.7% | $4,629,049 +1.5% |
| 2015 | $54,566 +1.8% | $4,559,517 +2% |
| 2014 | $53,581 | $4,470,203 +22.9% |
| 2012 | -- | $3,637,218 +2% |
| 2011 | -- | $3,565,900 +6.3% |
| 2010 | -- | $3,355,229 -0.2% |
| 2009 | -- | $3,363,200 -41.4% |
| 2008 | -- | $5,737,500 +2954.1% |
| 2007 | -- | $187,861 +2% |
| 2006 | -- | $184,179 +2% |
| 2005 | -- | $180,568 +2% |
| 2004 | -- | $177,028 +1.9% |
| 2003 | -- | $173,784 +2% |
| 2002 | -- | $170,378 +2% |
| 2001 | -- | $167,038 |
Find assessor info on the county website
Neighborhood: Old Palo Alto
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Nearby schools
GreatSchools rating
- 9/10Walter Hays Elementary SchoolGrades: K-5Distance: 0.4 mi
- 9/10Frank S. Greene Jr. MiddleGrades: 6-8Distance: 0.6 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: WalterHaysElementary
- 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
$21,032,200
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
$21,032,200
- California
- Santa Clara County
- Palo Alto
- 94301
- Old Palo Alto
- 1700 Waverley St
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