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Sold for $13,800,000
  • Tax assessed value
    $13,800,000

    51 Crescent Dr, Palo Alto, CA 94301

    4beds
    6,374sqft
    Single Family Residence, Residential
    Built in 1927
    0.54 Acres Lot
    $14,682,600 Zestimate®
    $2,165/sqft
    $6,987 Estimated rent

    Home value

    $14,682,600

    $13.07M - $16.59M

    $6,987/mo

    Zestimate® history
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    What's special

    Premier streetMore than one-half acreStunning poolRichly hued hardwood floorsProfessionally landscaped gardensHandsomely appointed librarySecret door
    Experience European elegance on one of Palo Alto's most premier streets. The home was meticulously remodeled in 2009 by DeMattei Construction. Preserving its original charm, circa 1927, it has features like richly hued hardwood floors, towering arched windows, and 7 fireplaces. The 3-level main home, with elevator, has 4-en suite bedrooms one which is being used as an office. The primary suite has a gym, sauna, and separate washer/dryer. The kitchen has a French La Cornue range. There is a separate 1-bedroom guest house with full kitchen. There is a handsomely appointed library with bookcases and a secret door into the dining room. The lower level has 3 temperature controlled wine closets, plus a recreation room with bar. The outdoor space is wonderful for entertaining with a stunning pool inspired by Hearst Castle with hand set Morano tiles, vast antiqued limestone terrace, and professionally landscaped gardens on more than one-half acre. With its prime Crescent Park location, minutes to shops on University Ave, as well as acclaimed Palo Alto schools, this property offers the perfect blend of old-world elegance and luxurious modern comfort.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brent & Mary Gullixson 70001879 650-888-0860,

    Compass 650-462-1111

    Bought with:

    Zack Zhang, 01970276

    Maxreal

    Source: MLSListings Inc,MLS#: ML81965894MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Basement, Laundry, Library, Office, Utility Room
    Bedroom
    • Features: PrimarySuiteRetreat, WalkinCloset
    Bathroom
    • Features: DoubleSinks, PrimaryStallShowers, PrimaryTubwJets, Sauna, ShoweroverTub1, Stone, Tile, TubinPrimaryBedroom, PrimaryOversizedTub, HalfonGroundFloor
    Dining room
    • Features: BreakfastBar, BreakfastNook, EatinKitchen, FormalDiningRoom, Other
    Family room
    • Features: SeparateFamilyRoom
    Kitchen
    • Features: Countertop_Granite, ExhaustFan, IslandwithSink, Pantry
    Heating
    • Central Forced Air Gas, 2 plus Zones
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Dishwasher, Exhaust Fan, Freezer, Disposal, Range Hood, Ice Maker, Microwave, Double Oven, Built In Gas Oven/Range, Wine Refrigerator, Dryer, Washer, Washer/Dryer, Warming Drawer
    • Laundry: Tub/Sink, Upper Floor
    Features
    • High Ceilings, One Or More Skylights, Video Audio System, Wet Bar, Open Beam Ceiling, Walk-In Closet(s), Security Gate
    • Flooring: Carpet, Hardwood, Marble, Stone, Tile
    • Basement: Finished
    • Number of fireplaces: 7
    • Fireplace features: Family Room, Gas Log, Gas Starter, Living Room, Primary Bedroom, Other, Outside
    Interior area
    • Total structure area: 6,374
    • Total interior livable area: 6,374 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Electric Gate, Garage Door Opener
    • Garage spaces: 3
    • Carport spaces: 1
    • Covered spaces: 4
    Accessibility
    • Accessibility features: Elevator/Lift
    Features
    • Stories: 2
    • Patio & porch: Balcony/Patio
    • Exterior features: Back Yard, Barbecue, Fenced
    • Pool features: Heated, Solar Heat, In Ground
    • Spa features: Other
    • Fencing: Perimeter,Gate
    Lot
    • Size: 0.54 Acres
    • Features: Level
    Details
    • Additional structures: PoolHouse
    • Parcel number: 00309035
    • Zoning: R1929
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mediterranean
    • Property subtype: Single Family Residence, Residential
    Materials
    • Foundation: Concrete Perimeter and Slab
    • Roof: Tile, Clay
    Condition
    • New construction: No
    • Year built: 1927

    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: $2,165/sqft
    • Tax assessed value: $13,800,000
    • Annual tax amount: $215,914
    • Date on market: 5/16/2024
    • Listing agreement: ExclusiveRightToSell

    Price history

    DateEventPrice
    11/22/2024Sold$13,800,000-4.7%$2,165/sqft
    Source: MLSListings Inc #ML81965894 Report a problem
    11/18/2024Pending sale$14,480,000$2,272/sqft
    Source: MLSListings Inc #ML81965894 Report a problem
    5/16/2024Listed for sale$14,480,000-0.1%$2,272/sqft
    Source: MLSListings Inc #ML81965894 Report a problem
    2/1/2022Listing removed--
    Source: MLSListings Inc Report a problem
    8/18/2021Price change$14,500,000-8.8%$2,275/sqft
    Source: MLSListings Inc #ML81844592 Report a problem
    5/19/2021Listed for sale$15,900,000-5.4%$2,495/sqft
    Source: MLSListings Inc #ML81844592 Report a problem
    12/8/2019Listing removed$16,800,000$2,636/sqft
    Source: Coldwell Banker Residential Brokerage - San Francisco Pacific Heights #484338 Report a problem
    5/2/2019Listed for sale$16,800,000-5.6%$2,636/sqft
    Source: Coldwell Banker #484338 Report a problem
    12/21/2017Listing removed$17,800,000$2,793/sqft
    Source: Alain Pinel Realtors #ML81648306 Report a problem
    4/25/2017Listed for sale$17,800,000+39.1%$2,793/sqft
    Source: Alain Pinel Realtors #ML81648306 Report a problem
    8/3/2013Listing removed$12,800,000$2,008/sqft
    Source: Alain Pinel Realtors - Palo Alto #81320945 Report a problem
    6/22/2013Listed for sale$12,800,000$2,008/sqft
    Source: Alain Pinel Realtors - Palo Alto #81320945 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$215,914 +184.4%$13,800,000 +113.6%
    2024$75,912 +1.5%$6,460,034 +2%
    2023$74,806 +1.1%$6,333,368 +2%
    2022$73,962 +2%$6,209,185 +2%
    2021$72,506 +1%$6,087,438 +1%
    2020$71,799 $6,025,020 +2%
    2019$71,799 +4%$5,906,883 +2%
    2018$69,031 $5,791,062 +2%
    2017$69,031 +1.8%$5,677,513 +2%
    2016$67,822 +3.7%$5,566,191 +1.5%
    2015$65,423 +1.8%$5,482,582 +2%
    2014$64,262 $5,375,187 +0.5%
    2013-- $5,350,895 +2%
    2012-- $5,245,976 +2%
    2011-- $5,143,115 +1.7%
    2010-- $5,055,285 -0.2%
    2009-- $5,067,296 -23%
    2008-- $6,579,489 +2%
    2007-- $6,450,480 +2%
    2006-- $6,324,000 +1514.4%
    2005-- $391,721 +2%
    2004-- $384,041 +1.9%
    2003-- $377,003 +2%
    2002-- $369,611 +2%
    2001-- $362,365
    Find assessor info on the county website

    Neighborhood: Crescent Park

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $14,682,600
    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
    $14,682,600