In the heart of Crescent Park, this stately colonial home offers a rare combination of presence, character, and livability. A column-framed entrance leads to warm interiors that showcase the home's more than century-old heritage, with hardwood floors, detailed millwork, and vintage glass doorknobs throughout. While the architecture reflects a bygone era, the layout feels comfortably in step with life today, featuring grand formal rooms, a cozy fireplace, a chef's kitchen with Viking and Sub-Zero appliances, and five generous bedrooms, four of which have en suite baths. The backyard is just as inviting, with a deck, brick pathways, and wisteria-covered trellises creating a peaceful space to relax or entertain. Additional highlights include air conditioning, a gated driveway, and a detached two-car garage. All of this, just a short stroll from the shops and restaurants of downtown Palo Alto, and close to Stanford University, Caltrain, commute routes, and top-rated Palo Alto schools.
Sold for $5,450,000
$5,450,000
789 University Ave, Palo Alto, CA 94301
5beds
3,536sqft
Single Family Residence, Residential
Built in 1921
9,375 Square Feet Lot
$5,364,900 Zestimate®
$1,541/sqft
$11,213 Estimated rent
Home value
$5,364,900
$4.94M - $5.85M
$11,213/mo
Zestimate® history
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List your homeWhat's special
Cozy fireplaceGrand formal roomsBrick pathwaysDetailed millworkColumn-framed entranceWisteria-covered trellisesGenerous bedrooms
Zillow last checked:
Listing updated:
Listed by:
DeLeon Team 70010006 650-543-8500,
Deleon Realty 650-543-8500
Bought with:
DeLeon Team, 70010006
Deleon Realty
Source: MLSListings Inc,MLS#: ML82013373
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Basement, Office, Utility Room
Bedroom
- Features: WalkinCloset
Bathroom
- Features: JackandJill, Tile, Tub, Tubs2plus, FullonGroundFloor
Dining room
- Features: EatinKitchen, FormalDiningRoom
Family room
- Features: Other
Kitchen
- Features: _220VoltOutlet, DualFuel, ExhaustFan, Hookups_Gas, Hookups_IceMaker, Pantry
Heating
- Floor Furnace
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Dishwasher, Exhaust Fan, Freezer, Disposal, Ice Maker, Microwave, Double Oven, Refrigerator, Dryer, Washer
- Laundry: Inside
Features
- High Ceilings, One Or More Skylights
- Flooring: Carpet, Wood
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 3,536
- Total interior livable area: 3,536 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached, Electric Gate, On Street
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Doors
Features
- Stories: 2
- Patio & porch: Balcony/Patio, Deck
- Exterior features: Back Yard
- Fencing: Wood
Lot
- Size: 9,375 Square Feet
Details
- Parcel number: 00302006
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Public
- Utilities for property: Water Public
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $1,541/sqft
- Tax assessed value: $1,544,974
- Annual tax amount: $19,599
- Date on market: 7/3/2025
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2025 | Sold | $5,450,000-0.7%$1,541/sqft |
Source:  MLSListings Inc #ML82013373 Report a problem | ||
| 8/28/2025 | Pending sale | $5,488,000$1,552/sqft |
Source: MLSListings Inc #ML82013373 Report a problem | ||
| 8/13/2025 | Price change | $5,488,000-8.4%$1,552/sqft |
Source: MLSListings Inc #ML82013373 Report a problem | ||
| 7/4/2025 | Listed for sale | $5,988,000$1,693/sqft |
Source: MLSListings Inc #ML82013373 Report a problem | ||
| 3/10/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/29/2018 | Listing removed | $10,905$3/sqft |
Source: Owner Report a problem | ||
| 8/24/2018 | Price change | $10,905+0%$3/sqft |
Source: Owner Report a problem | ||
| 8/22/2018 | Listed for rent | $10,900$3/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,599 +4.2% | $1,544,974 +2% |
| 2024 | $18,806 +1.5% | $1,514,682 +2% |
| 2023 | $18,527 +1.2% | $1,484,984 +2% |
| 2022 | $18,309 +2% | $1,455,868 +2% |
| 2021 | $17,949 +2.1% | $1,427,322 +1% |
| 2020 | $17,586 | $1,412,688 +2% |
| 2019 | $17,586 +3.9% | $1,384,990 +2% |
| 2018 | $16,921 | $1,357,834 +2% |
| 2017 | $16,921 +1.8% | $1,331,210 +2% |
| 2016 | $16,623 +4.3% | $1,305,108 +1.5% |
| 2015 | $15,943 +2.3% | $1,285,506 +2% |
| 2014 | $15,580 | $1,260,326 +0.5% |
| 2013 | -- | $1,254,630 +2% |
| 2012 | -- | $1,230,030 +2% |
| 2011 | -- | $1,205,912 +0.8% |
| 2010 | -- | $1,196,900 -0.2% |
| 2009 | -- | $1,199,744 +2% |
| 2008 | -- | $1,176,220 +2% |
| 2007 | -- | $1,153,158 +2% |
| 2006 | -- | $1,130,548 +2% |
| 2005 | -- | $1,108,382 +2% |
| 2004 | -- | $1,086,650 +1.9% |
| 2003 | -- | $1,066,736 +2% |
| 2002 | -- | $1,045,820 +2% |
| 2001 | -- | $1,025,314 |
Find assessor info on the county website
Neighborhood: Crescent Park
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Nearby schools
GreatSchools rating
- 9/10Addison Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Frank S. Greene Jr. MiddleGrades: 6-8Distance: 1.5 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: AddisonElementary
- 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
$5,364,900
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
$5,364,900
- California
- Santa Clara County
- Palo Alto
- 94301
- Crescent Park
- 789 University Ave
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Nearby neighborhoods
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