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Off market
  • $5,006,000

    721 Forest Ave, Palo Alto, CA 94301

    3beds
    2,146sqft
    SingleFamily
    Built in 1930
    6,011 Square Feet Lot
    $5,006,000 Zestimate®
    $2,333/sqft
    $7,908 Estimated rent

    Home value

    $5,006,000

    $4.56M - $5.51M

    $7,908/mo

    Zestimate® history
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    Owner options

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    $7,908/mo

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    Rent Zestimate®

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    $32,211/mo

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    $32,211/mo

    Est. payment

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    What's special

    This captivating 1930's Spanish revival style home is located just steps from vibrant downtown Palo Alto shopping and dining. An enchanting gated courtyard entry ushers you inside where Old World charm and period detailing abound throughout. The inviting and versatile floor plan offers 3 bd/3.5 ba plus an office (or 4th bedroom) option. Expansive formal living room highlighted by vaulted ceiling with wood beam and iron detailing, grand wood-burning fireplace and glass doors opening to the courtyard setting. Updated kitchen boasts top of the line appliances. Private upstairs master suite with vaulted ceiling. Two downstairs bedrooms are en suite. Picturesque backyard setting with Carmel style patios and landscaping. This classic home is a rare gem in a sought after location!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Hookup - Electric, Washer/Dryer, Hookup - Washer/Dryer
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,146 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached, Off-street, On-street
    Features
    • Exterior features: Stucco
    • Has spa: Yes
    • Has view: Yes
    • View description: City
    Lot
    • Size: 6,011 Square Feet
    Details
    • Parcel number: 00332022

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • wood frame
    • Roof: Tile
    Condition
    • Year built: 1930

    Utilities & green energy

    • Utilities for property: Individual Gas Meters

    Community & HOA

    Location
    • Region: Palo Alto

    Financial & listing details

    • Price per square foot: $2,333/sqft
    • Tax assessed value: $3,974,998
    • Annual tax amount: $48,708

    Price history

    DateEventPrice
    3/24/2017Sold$3,425,000+3.9%$1,596/sqft
    Source: Public Record Report a problem
    3/17/2017Pending sale$3,295,000$1,535/sqft
    Source: Alain Pinel Realtors #ML81641505 Report a problem
    3/8/2017Listed for sale$3,295,000+78.1%$1,535/sqft
    Source: Alain Pinel Realtors #ML81641505 Report a problem
    10/3/2007Sold$1,850,000+184900%$862/sqft
    Source: Agent Provided Report a problem
    4/8/1996Sold$1,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$48,708 +4.3%$3,974,998 +2%
    2024$46,700 +1.5%$3,897,058 +2%
    2023$46,015 +1.2%$3,820,647 +2%
    2022$45,486 +2%$3,745,734 +2%
    2021$44,590 +2.1%$3,672,290 +1%
    2020$43,659 $3,634,636 +2%
    2019$43,659 +4%$3,563,370 +2%
    2018$41,981 $3,493,500 +59.9%
    2017$41,981 +57.8%$2,184,296 +2%
    2016$26,606 +3.7%$2,141,468 +1.5%
    2015$25,655 +2.1%$2,109,302 +2%
    2014$25,135 $2,067,985 +0.5%
    2013-- $2,058,640 +2%
    2012-- $2,018,275 +3.5%
    2011-- $1,950,000 +15.9%
    2010-- $1,683,000 -4.1%
    2009-- $1,754,900 -5.1%
    2008-- $1,850,000 +26.8%
    2007-- $1,459,160 +2%
    2006-- $1,430,550 +2%
    2005-- $1,402,500 +1985.7%
    2004-- $67,244 +1.9%
    2003-- $66,012 +2%
    2002-- $64,719 +2%
    2001-- $63,451
    Find assessor info on the county website

    Neighborhood: Community Center

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,006,000
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    Estimated market value
    $5,006,000