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Sold for $10,967,500
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  • $10,967,500

    50 Crescent Dr, Palo Alto, CA 94301

    5beds
    6,450sqft
    Single Family Residence, Residential
    Built in 1930
    0.41 Acres Lot
    $11,755,300 Zestimate®
    $1,700/sqft
    $5,472 Estimated rent

    Home value

    $11,755,300

    $10.46M - $13.17M

    $5,472/mo

    Zestimate® history
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    What's special

    High ceilingsGreat lightExecutive officeSpectacular airplane hangar doorChefs kitchenHigh-end materialsAmple patio space
    Stunning Mediterranean jewel on more than four-tenths of an acre in sought-after Crescent Park. Charming 1930s façade with interiors renovated and expanded in 2010 with a modern lifestyle in mind. 5 bedrooms, 4.5 bathrooms, and 6,450 sf of space. High ceilings and great light for an airy ambiance. High-end materials, finishes, and craftsmanship throughout. Herringbone hardwood floors. Expansive public spaces, fireplace, chefs kitchen w/high-end appliances, executive office, theater, downstairs level w/gym and full bathroom. 5 bedrooms including retreat-like primary suite. Spectacular airplane hangar door opens to backyard for seamless indoor/outdoor living. Enjoy grounds with ample patio space, pool, and lawn. Walk to University Avenue and Eleanor Pardee Park. Convenient to Stanford University, Stanford Shopping Center, and US-101. Top-ranked schools Duveneck Elementary, Greene Middle, Palo Alto High (buyer to verify eligibility). Truly one-of-a-kind home on a rare Palo Alto lot.

    Zillow last checked:

    Listing updated:

    Listed by:

    DeLeon Team 70010006 650-900-7000,

    Deleon Realty 650-543-8500

    Bought with:

    David Bellings, 00877838

    Compass

    Source: MLSListings Inc,MLS#: ML81932565MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Basement, Laundry, Media Room, Office, Utility Room
    Bedroom
    • Features: WalkinCloset
    Bathroom
    • Features: DoubleSinks, JackandJill, Marble, StallShower2plus, Tile, HalfonGroundFloor
    Dining room
    • Features: EatinKitchen, FormalDiningRoom
    Family room
    • Features: KitchenFamilyRoomCombo
    Kitchen
    • Features: _220VoltOutlet, Island, IslandwithSink, Pantry, Skylights
    Heating
    • Central Forced Air Gas, Gas, 2 plus Zones, Radiant, Radiant Floor
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Dishwasher, Freezer, Built In Oven, Refrigerator, Wine Refrigerator, Dryer, Washer, Water Softener
    • Laundry: Tub/Sink, Inside
    Features
    • High Ceilings, One Or More Skylights, Security Gate
    • Flooring: Concrete, Hardwood
    • Basement: Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 6,450
    • Total interior livable area: 6,450 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport, Garage Door Opener, Guest, On Street
    • Carport spaces: 1
    Features
    • Stories: 2
    • Patio & porch: Balcony/Patio
    • Exterior features: Back Yard, Fenced
    • Pool features: Pool Cover, Heated, In Ground
    • Fencing: Gate
    Lot
    • Size: 0.41 Acres
    Details
    • Parcel number: 00309028
    • Zoning: R1929
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Luxury
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Gas: IndividualGasMeters, NaturalGas, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Public Utilities, Water Public

    Community & HOA

    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $1,700/sqft
    • Tax assessed value: $11,237,850
    • Annual tax amount: $136,045
    • Date on market: 6/21/2023
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    8/18/2023Sold$10,967,500-8.5%$1,700/sqft
    Source: MLSListings Inc #ML81932565 Report a problem
    8/15/2023Pending sale$11,988,000$1,859/sqft
    Source: MLSListings Inc #ML81932565 Report a problem
    6/21/2023Listed for sale$11,988,000+20.5%$1,859/sqft
    Source: MLSListings Inc #ML81932565 Report a problem
    4/18/2016Listing removed$9,950,000$1,543/sqft
    Source: Dreyfus Sotheby's International Realty #324180 Report a problem
    4/18/2016Pending sale$9,950,000+3.1%$1,543/sqft
    Source: Dreyfus Sotheby's International Realty #324180 Report a problem
    4/15/2016Sold$9,650,000-3%$1,496/sqft
    Source: Public Record Report a problem
    11/21/2015Listed for sale$9,950,000+124.9%$1,543/sqft
    Source: Dreyfus Sotheby's International Realty #324180 Report a problem
    3/6/2008Sold$4,425,000-10.6%$686/sqft
    Source: Agent Provided Report a problem
    2/3/2008Price change$4,950,000-8.3%$767/sqft
    Source: TourFactory #$4,950,000 Report a problem
    1/12/2008Listed for sale$5,400,000$837/sqft
    Source: TourFactory #$4,950,000 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$136,045 +4.8%$11,237,850 +2.5%
    2024$129,812 -0.6%$10,967,500 -0.1%
    2023$130,605 +1.1%$10,980,048 +2%
    2022$129,129 +2%$10,764,754 +2%
    2021$126,591 +2.2%$10,553,682 +1%
    2020$123,917 $10,445,468 +2%
    2019$123,917 +4%$10,240,656 +2%
    2018$119,132 $10,039,860 +2%
    2017$119,132 +1.8%$9,843,000 +75.8%
    2016$117,049 +77.7%$5,597,756 +1.5%
    2015$65,871 +1.8%$5,513,673 +2%
    2014$64,704 $5,405,669 +0.5%
    2013-- $5,381,239 +2%
    2012-- $5,275,726 +2%
    2011-- $5,172,281 +21.5%
    2010-- $4,256,907 -5.7%
    2009-- $4,513,500 +2161.2%
    2008-- $199,608 +2%
    2007-- $195,695 +2%
    2006-- $191,858 +2%
    2005-- $188,097 +2%
    2004-- $184,410 +1.9%
    2003-- $181,031 +2%
    2002-- $177,482 +2%
    2001-- $174,003
    Find assessor info on the county website

    Neighborhood: Crescent Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: DuveneckElementary
    • 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
    $11,755,300
    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
    $11,755,300