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Off market
  • $16,316,700

    601 Melville Ave, Palo Alto, CA 94301

    6beds
    7,823sqft
    SingleFamily
    Built in 1905
    0.42 Acres Lot
    $16,316,700 Zestimate®
    $2,086/sqft
    $7,928 Estimated rent

    Home value

    $16,316,700

    $14.03M - $18.93M

    $7,928/mo

    Zestimate® history
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    $103,328/mo

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    What's special

    Magnificently and flawlessly remodeled, this notable Palo Alto residence is one of the City's most enduring landmarks. Exceptional design, outstanding craftsmanship and state-of-the-art amenities harmonize with the original architecture of this turn of the century beauty transforming it into a home that radiates warmth & hospitality. Grand rooms feature rich wood details, open beam ceilings, handsome stonework, & an abundance of windows. There are 5 huge bedroom suites, one on the main floor with a separate seating area, two private offices, an open family/kitchen that will wow the home chef, an upstairs media room with snack kitchen, and lower level rec room. There is plenty of room for work, play, family time and exercise space. The home is surrounded by a serene garden with majestic trees, lush perimeter planting beds, water features and an inviting brick terrace with outdoor fireplace. A detached garage repurposed as an exercise space & a 1-bedroom cottage complete this special property.

    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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Heat pump, Radiant, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Range / Oven, Refrigerator, Washer
    • Laundry: Tub / Sink, Upper Floor, Washer / Dryer, Inside
    Features
    • Flooring: Carpet, Hardwood
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 7,823 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached, Off-street, On-street
    Features
    • Exterior features: Shingle, Wood
    • Has spa: Yes
    • Fencing: Wood, Fenced Back, Gate
    Lot
    • Size: 0.42 Acres
    Details
    • Parcel number: 12007036

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1905

    Utilities & green energy

    • Utilities for property: Public Utilities

    Community & HOA

    Community
    • Security: Controlled / Secured Access
    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $2,086/sqft
    • Tax assessed value: $14,642,859

    Price history

    DateEventPrice
    9/22/2020Sold$15,000,000-14.3%$1,917/sqft
    Source: Public Record Report a problem
    7/23/2020Listed for sale$17,500,000+257.2%$2,237/sqft
    Source: Compass #ML81802396 Report a problem
    6/23/2011Sold$4,899,750$626/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $14,642,859 +2%
    2025$173,418 +4.3%$14,355,745 +2%
    2024$166,213 +1.5%$14,074,260 +2%
    2023$163,807 +1.1%$13,798,295 -9.8%
    2022$162,039 -9.7%$15,300,000 +2%
    2021$179,539 +64.6%$15,000,000 +63.4%
    2020$109,069 $9,182,736 +2%
    2019$109,069 +4%$9,002,683 +2%
    2018$104,860 $8,826,161 +2%
    2017$104,860 +1.8%$8,653,100 +2%
    2016$103,027 +3.7%$8,483,432 +1.5%
    2015$99,395 +1.7%$8,356,004 +2%
    2014$97,688 $8,192,322 +33.8%
    2013-- $6,120,667 +22.5%
    2012-- $4,998,000 +2565.2%
    2011-- $187,526 +0.8%
    2010-- $186,126 -0.2%
    2009-- $186,569 +2%
    2008-- $182,911 +2%
    2007-- $179,325 +2%
    2006-- $175,810 +2%
    2005-- $172,363 +25%
    2004-- $137,935 +1.9%
    2003-- $135,408 +2%
    2002-- $132,754 +2%
    2001-- $130,152
    Find assessor info on the county website

    Neighborhood: University South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $16,316,700
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    Estimated market value
    $16,316,700