Spooky season is almost here, and this one comes with a frightfully long to-do list! Built in 1926, this property is being offered in its current gutted, unfinished condition and presents an opportunity for someone with vision, imagination, and a willingness to take on a substantial renovation or possible rebuild (buyer to check with city). The interior has been stripped to the studs and subfloor. Work was started at some point within approximately the past 10 years, but the renovation remains incomplete. The property currently features exposed framing, subfloor, older exterior siding and most of the existing roof, with a portion missing. The generally flat lot is currently mostly bare dirt without landscaping. The history of the home and prior work is unknown. No tricks here, just a very real renovation project with plenty of potential! Bring your contractor, architect, imagination...and maybe a flashlight. Property is being sold in its present condition. Features/statistics (bedrooms, bathrooms, rooms, square footages) were auto populated through MLS. Buyers are encouraged to conduct their own due diligence regarding the property's condition, history, permits, zoning, utilities, structure, and feasibility of any proposed improvements.
For sale
$1,998,000
655 Embarcadero Rd, Palo Alto, CA 94301
4beds
1,920sqft
Single Family Residence, Residential
Built in 1926
6,160 Square Feet Lot
$4,087,000 Zestimate®
$1,041/sqft
$-- HOA
What's special
- 8 hours
- 504
- 29
Zillow last checked:
Listing updated:
Listed by:
Jeri Richardson-Daines 01461819 650-208-7846,
NuTerra Real Estate Group 650-362-8982
Source: MLSListings Inc,MLS#: ML82063110
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: Other
Family room
- Features: Other
Heating
- Other
Cooling
- None
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 2
Lot
- Size: 6,160 Square Feet
Details
- Parcel number: 12008023
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Other
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Gas: Other, PublicUtilities
- Sewer: Other, Public Sewer
- Water: Other, Public
- Utilities for property: Other, Public Utilities, Water Public
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $1,041/sqft
- Tax assessed value: $2,354,571
- Date on market: 9/30/2026
- Listing agreement: ExclusiveRightToSell
Estimated market value
$4,087,000
$3.64M - $4.58M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Listed for sale | $1,998,000+2.5%$1,041/sqft |
Source: | ||
| 6/10/2016 | Sold | $1,950,000-2.5%$1,016/sqft |
Source: Public Record Report a problem | ||
| 5/29/2016 | Pending sale | $1,999,000$1,041/sqft |
Source: Pacific Union International Inc. #ML81582615 Report a problem | ||
| 4/28/2016 | Listed for sale | $1,999,000$1,041/sqft |
Source: Pacific Union International #ML81582615 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,354,571 +2% |
| 2025 | $28,919 +2.6% | $2,308,403 +2% |
| 2024 | $28,185 -2.3% | $2,263,141 +2% |
| 2023 | $28,852 -1.7% | $2,218,766 +2% |
| 2022 | $29,365 +11.7% | $2,175,261 +2% |
| 2021 | $26,297 +1.7% | $2,132,609 +1% |
| 2020 | $25,857 | $2,110,742 +2% |
| 2019 | $25,857 +4.2% | $2,069,355 +2% |
| 2018 | $24,820 | $2,028,780 +2% |
| 2017 | $24,820 +1.8% | $1,989,000 +2305% |
| 2016 | $24,384 +1231.5% | $82,703 +1.5% |
| 2015 | $1,831 +7.9% | $81,462 +2% |
| 2014 | $1,697 | $79,867 +0.5% |
| 2013 | -- | $79,507 +2% |
| 2012 | -- | $77,949 +2% |
| 2011 | -- | $76,421 +0.8% |
| 2010 | -- | $75,851 -0.2% |
| 2009 | -- | $76,032 +2% |
| 2008 | -- | $74,542 +2% |
| 2007 | -- | $73,081 +2% |
| 2006 | -- | $71,649 +2% |
| 2005 | -- | $70,245 +2% |
| 2004 | -- | $68,869 +1.9% |
| 2003 | -- | $67,608 +2% |
| 2002 | -- | $66,283 +2% |
| 2001 | -- | $64,984 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: University South
Nearby schools
Schools provided by the listing agent
- 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.




