1060 Palo Alto Ave, Palo Alto, CA 94301

5 beds5.5 baths5,984 sqft Edit

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Zestimate®: $8,462,030
Rent Zestimate®: $12,692/mo
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My Notes

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Nestled among picturesque oak trees, this new estate home exemplifies the elegance of a peaceful Mediterranean compound in the heart of desirable Crescent Park. With approximately 5,900 square feet of living space, the residence incorporates exquisite stonework, rich cabinetry and offers old world sophisticated where rooms flow effortlessly into each other. Distinguished features of this new offering include: <The expansive reception rooms on the first floor include a formal entrance hall, stunning living room, grand dining room, study, game room with secondary kitchen, inglenook and family room. Five bedroom suites, a powder room, two laundry rooms and five fireplaces. 24,398 sq. ft. parcel (per MetroScan) with heritage trees, an arbor covered driveway, detached two-car garage, and sparkling fountain. The designated schools in the premier Palo Alto Unified School District are Addison Elementary, Jordan Middle and Palo Alto High.  More Less 

Facts

  • Lot: 0.56 acres
  • Single Family
  • Built in 2007
  • Heating: Forced air
  • Last sold: Aug 2003 for $1,900,000

Features

  • Parking: 750 sqft

      Construction

      • Construction quality: 9.0
      • Room count: 13
      • Stories: 2
      • Structure type: Other
      • Unit count: 1

      Other

      • Floor size: 5,984 sqft
      • Last remodel year: 2007
      • Lot depth: 248
      • Lot width: 100
      • Parcel #: 00305014
      • Zillow Home ID: 19466806

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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      $8,462,030
      +$185,648 Last 30 days
      $7.02M
      $10.7M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $12,692/mo
      +$578 Last 30 days
      $8K
      $22K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

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      Comparable Homes

      Homes like this sold for $4.37-10.25M.

      $3.84M
      $10.78M

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      Neighborhood

      Market guide

      Zillow predicts Crescent Park home values will rise 5.1% next year, compared to a 6% increase for Palo Alto as a whole. Among Crescent Park homes, this home is valued 135.5% more than the midpoint (median) home, but is valued 4.4% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Crescent Park, the number of foreclosures waiting to be sold is 3.4% lower than in Palo Alto, and 32.1% less than the national average. This lower local number could help Crescent Park home values rise more quickly than other regions in Palo Alto.

      Learn more about forecast calculations or Crescent Park home values.
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        Nearby Schools in Palo Alto

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org