951 Forest Ave, Palo Alto, CA 94301

5 beds5.5 baths6,000 sqft Edit

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Sold: $10,250,000
Sold on 12/05/14
Zestimate®: $8,846,998
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My Notes

Edit
/2004

What I love about the home

This property is a modern day compound composed of two separate and discrete structures on an extra large lot in Palo Alto's Crescent Park. The main home is just under 3000 square feet with 4 bedrooms and 4.5 baths (en-suite.) The main home was remodeled in '04 and agin recently in 2014. The guest home is connected to the main house by a lovely covered bluestone walkway. It consists of a large pool room/entertainment centre with a powder room and summer kitchen, a personal gym, small office, large upstairs loft bedroom and full bath. The lush outdoor spaces include several dining and entertaining terraces and a covered deck. In addition, this estate property has a solar heated black bottom pool, a generous custom built spa/hot tub with room for six, and a three car attached garage with on-site parking for another four cars.. Please see the website for details: 961Forest.com
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Facts

  • Lot: 0.44 acres
  • Single Family
  • Built in 1918
  • Views: 3,990 all time views
  • Last sold: Dec 2014 for $10,250,000
  • Last sale price/sqft: $1,708

Features

  • Barbecue
  • Cable Ready
  • Deck
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood
  • Garden
  • Gated Entry
  • Lawn
  • Mother-in-Law
  • Parking: Garage - Attached, Off street, 3 spaces, 1042 sqft
  • Partial basement
  • Pool
  • Porch
  • Security System
  • Skylight
  • Sprinkler System
  • Storage
  • Vaulted Ceiling
  • Wired

Appliances Included

  • Dishwasher
  • Dryer
  • Freezer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Breakfast nook
  • Dining room
  • Family room
  • Laundry room
  • Master bath
  • Office
  • Recreation room
  • Walk-in closet

Construction

  • Construction quality:
    9.0
    Provided by the county assessor, this grade is based on a scale that varies by market. For more information, or to update the grade, contact the county assessor's office.
  • Exterior material: Stucco, Wood
  • Roof type: Shake Shingle
  • Room count: 13
  • Stories: 2
  • Structure type: Other
  • Unit count: 1

Other

  • Floor size: 6,000 sqft
  • Last remodel year: 2014
  • Laundry: In Unit
  • Parcel #: 00304077
  • Zillow Home ID: 63064466

Zestimate Details

Zestimate
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$8,846,998
+$101,433 Last 30 days
$6.9M
$12.0M
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
$12,818/mo
+$154 Last 30 days
$8.7K
$23K
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Owner estimate:
Posted on 11/03/2014
$11,000,000 (based on comparative market analysis)
Lot size and privacy, in addition to the fact that the property includes two separate buildings, one completely new in '04.

Popularity on Zillow

3,990 all-time views
of this home (chart)
 

Comparable Homes

Homes like this sold for $4.56-10.0M.

$4.01M
$10.55M

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Neighborhood

Market guide

Zillow predicts Crescent Park home values will rise 9.5% next year, compared to a 7.1% rise for Palo Alto as a whole. Among Crescent Park homes, this home is valued 163.8% more than the midpoint (median) home, and is valued 21.4% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 94301, the number of foreclosures waiting to be sold is 87.5% less than in Palo Alto, and 99% less than the national average. This lower local number could help 94301 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