Nestled within the prestigious Crescent Park neighborhood, this exquisite 4 bed, 5.5 bath residence epitomizes luxury living. Boasting an expansive 5,540 square feet of meticulously crafted living space, this stunning home sits majestically on a rare 24,829 square foot lot, enveloping an impressive 0.57 acres of prime real estate. Upon entering, be greeted by an aura of sophistication and elegance. The main level features gracious living areas, including formal living and dining rooms, ideal for hosting lavish gatherings and events. The second level is dedicated to serene retreats, with three luxurious bedroom suites, including the spacious primary suite. Additionally, two executive offices provide the perfect space for productivity. The main level office, with its private entrance and bath, could easily be converted to an attached accessory dwelling unit (ADU) for added versatility. Step outside to discover an oasis of serenity amidst verdant gardens, mature trees and meticulously landscaped grounds. A large pool beckons for leisurely afternoons spent basking in the California sun, while al fresco dining areas offer the perfect ambiance for outdoor entertaining. This corner lot & lot size present opportunities for potential subdvision (buyer to verify). PA schools.
Sold for $8,388,000
$8,388,000
585 E Crescent Dr, Palo Alto, CA 94301
4beds
5,540sqft
Single Family Residence, Residential
Built in 1936
0.57 Acres Lot
$8,740,700 Zestimate®
$1,514/sqft
$5,477 Estimated rent
Home value
$8,740,700
$7.69M - $9.88M
$5,477/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Billy McNair 01343603 650-862-3266,
Coldwell Banker Realty 650-324-4456
Bought with:
Ray Chen, 01943826
Sigma Property Ventures
Source: MLSListings Inc,MLS#: ML81969618
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Rooms
- Room types: Basement, Laundry, Office
Bedroom
- Features: GroundFloorBedroom, PrimarySuiteRetreat, WalkinCloset
Bathroom
- Features: DoubleSinks, PrimaryStallShowers, OutsideAccess, ShowersoverTubs2plus, StallShower2plus, Tile, Tub, Tubs2plus, FullonGroundFloor, HalfonGroundFloor
Dining room
- Features: BreakfastRoom, EatinKitchen, FormalDiningRoom
Family room
- Features: SeparateFamilyRoom
Kitchen
- Features: Island
Heating
- Central Forced Air Gas
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Range Hood, Built In Oven, Double Oven, Refrigerator
- Laundry: Tub/Sink, Upper Floor, Inside, In Utility Room
Features
- High Ceilings, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Tile
- Basement: Unfinished
- Number of fireplaces: 2
- Fireplace features: Living Room, Other
Interior area
- Total structure area: 5,540
- Total interior livable area: 5,540 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Guest, Off Street, Parking Area, Oversized
- Garage spaces: 2
Features
- Stories: 2
- Patio & porch: Balcony/Patio
- Exterior features: Back Yard, Fenced, Storage Shed Structure
- Pool features: Pool Cover, Heated, In Ground
- Spa features: Other, Cover
Lot
- Size: 0.57 Acres
- Features: Level
Details
- Parcel number: 00310046
- Zoning: R1929
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Other
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $1,514/sqft
- Tax assessed value: $8,555,760
- Date on market: 11/14/2024
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 5/5/2025 | Listing removed | $25,000$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/26/2025 | Listed for rent | $25,000$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/2/2024 | Sold | $8,388,000$1,514/sqft |
Source:  MLSListings Inc #ML81969618 Report a problem | ||
| 11/22/2024 | Pending sale | $8,388,000$1,514/sqft |
Source: MLSListings Inc #ML81969618 Report a problem | ||
| 11/14/2024 | Listed for sale | $8,388,000$1,514/sqft |
Source: MLSListings Inc #ML81969618 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $8,555,760 +2% |
| 2025 | $147,676 +1816.4% | $8,388,000 +1355.5% |
| 2024 | $7,706 +1.6% | $576,306 +2% |
| 2023 | $7,588 +1.3% | $565,007 +2% |
| 2022 | $7,491 +2% | $553,929 +2% |
| 2021 | $7,341 +1.9% | $543,068 +1% |
| 2020 | $7,203 | $537,501 +2% |
| 2019 | $7,203 +3.8% | $526,962 +2% |
| 2018 | $6,937 | $516,631 +2% |
| 2017 | $6,937 +1.8% | $506,502 +2% |
| 2016 | $6,813 +3.9% | $496,571 +1.5% |
| 2015 | $6,557 +3.3% | $489,113 +2% |
| 2014 | $6,344 | $479,533 +0.5% |
| 2013 | -- | $477,366 +2% |
| 2012 | -- | $468,006 +2% |
| 2011 | -- | $458,831 +0.8% |
| 2010 | -- | $455,403 -0.2% |
| 2009 | -- | $456,486 +2% |
| 2008 | -- | $447,536 +2% |
| 2007 | -- | $438,761 +2% |
| 2006 | -- | $430,158 +2% |
| 2005 | -- | $421,725 +2% |
| 2004 | -- | $413,457 +1.9% |
| 2003 | -- | $405,880 +2% |
| 2002 | -- | $397,923 +2% |
| 2001 | -- | $390,121 |
Find assessor info on the county website
Neighborhood: Crescent Park
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Duveneck Elementary SchoolGrades: K-5Distance: 0.6 mi
- 9/10Frank S. Greene Jr. MiddleGrades: 6-8Distance: 1.3 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 1.6 mi
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
$8,740,700
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
$8,740,700
- California
- Santa Clara County
- Palo Alto
- 94301
- Crescent Park
- 585 E Crescent Dr
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Nearby neighborhoods
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