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Off market
  • $3,447,700

    447 Alder Ln, Palo Alto, CA 94306

    5beds
    2,893sqft
    Single Family Residence
    Built in 2008
    -- sqft lot
    $3,447,700 Zestimate®
    $1,192/sqft
    $7,985 Estimated rent

    Home value

    $3,447,700

    $3.17M - $3.72M

    $7,985/mo

    Zestimate® history
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    What's special

    Travertine floorsStainless steel appliancesGranite countertopsProfessional grade stoveCloset organizersHome theaterWindow coverings

    This 2893 sf. luxurious immaculately maintained modern home has 5 bedrooms and 3.5 baths. It is located in the Arbor Real community at the corner of Charleston/Arastradero and El Camino Real and is conveniently located within walking distance to top rated Palo Alto schools (Briones Elementary, Fletcher Middle, and Gunn High), and shopping/restaurants (The Village at San Antonio, Whole Foods, Target, and more). Attending Palo Alto High School is also an option (Tenant to confirm availability). The home features 5 large bedrooms, 2 of which are primary suites with walk-in closets and ensuite baths; chef's island kitchen with granite countertops, professional grade stove, and stainless steel appliances; separate pantry; travertine floors in living areas; closet organizers and window coverings throughout; marble/granite baths; washer/dryer; structured wiring; home theater (projector, screen, 5.1 surround sound, and AV receiver) in Great Room/Family Room for movie nights; heating and air conditioning with Nest climate control; paved, cozy easy to maintain sideyard with lighting and planting; attached, large 2-car garage with plenty of room for storage. Amenities in the community include great lawn/play structures for children, pool, and clubhouse. Excellent credit required. No smoking. Small pets allowed subject to Landlord approval. Serious inquiries only. Available 8/6/2025. If interested, please email name and phone number to schedule a viewing. Tenant pays all utilities.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Dining Room, Family Room, Master Bath
    Heating
    • Fireplace
    Cooling
    • Central Air, Ceiling Fan
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Ceiling Fan(s), Walk-In Closet(s)
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,893 sqft

    Property

    Parking
    • Parking features: Attached, Off Street
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Exterior features: Bicycle storage, Granite countertop, Guest parking, Living room, No Utilities included in rent, Stainless steel appliances
    • Has private pool: Yes
    • Fencing: Fenced Yard
    Lot
    • Features: Near Public Transit
    Details
    • Parcel number: 14842120

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2008

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Clubhouse, Playground
    • Deposit fee: $12,000
    HOA
    • Amenities included: Pool
    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $1,192/sqft
    • Tax assessed value: $2,154,164
    • Annual tax amount: $26,918
    • Date on market: 7/29/2025
    • Date available: 08/06/2025
    • Lease term: 1 Year

    Price history

    DateEventPrice
    8/12/2025Listing removed$8,000$3/sqft
    Source: Zillow Rentals Report a problem
    7/29/2025Listed for rent$8,000+4.7%$3/sqft
    Source: Zillow Rentals Report a problem
    9/19/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/9/2023Price change$7,640-3.9%$3/sqft
    Source: Zillow Rentals Report a problem
    8/4/2023Price change$7,950-4.2%$3/sqft
    Source: Zillow Rentals Report a problem
    5/28/2023Listed for rent$8,300+18.6%$3/sqft
    Source: Zillow Rentals Report a problem
    3/10/2021Listing removed--
    Source: Owner Report a problem
    1/6/2018Listing removed$7,000$2/sqft
    Source: Owner Report a problem
    11/11/2017Listed for rent$7,000$2/sqft
    Source: Owner Report a problem
    6/30/2008Sold$1,640,000$567/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$26,918 +4.3%$2,154,164 +2%
    2024$25,819 +1.5%$2,111,926 +2%
    2023$25,439 +1.2%$2,070,516 +2%
    2022$25,143 +2%$2,029,918 +2%
    2021$24,648 +2.3%$1,990,116 +1%
    2020$24,104 $1,969,710 +2%
    2019$24,104 +4%$1,931,090 +2%
    2018$23,187 $1,893,226 +2%
    2017$23,187 +2.2%$1,856,104 +2%
    2016$22,698 +3.7%$1,819,710 +1.5%
    2015$21,885 +2.1%$1,792,378 +2%
    2014$21,426 $1,757,268 +14.9%
    2013-- $1,530,000 +17.5%
    2012-- $1,302,540 +2%
    2011-- $1,277,000 +39.4%
    2010-- $916,000 -41.7%
    2009-- $1,572,400 +316.1%
    2008-- $377,895
    Find assessor info on the county website

    Neighborhood: Charleston Meadow

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,447,700
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    Estimated market value
    $3,447,700