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A rare contemporary luxury in the heart of Old Palo Alto. This presale opportunity allows buyers to secure the home ahead of completion and lock in presale pricing, with the opportunity to personalize finishes, materials, cabinetry, and lighting, subject to construction progress and builder approval. Anticipated completion: Q4 2027. Set on a 10,013 sq. ft. lot, with approximately 5,287 sq. ft. in the main residence plus a 749 sq. ft. detached ADU. The residence is envisioned with a refined modern-contemporary aesthetic featuring warm natural wood tones, dramatic stone, custom millwork, designer lighting, and architectural detailing. The main home offers 7 bedrooms and 5.5 baths across three levels, with an open kitchen and family area, dedicated office, luxurious primary suite with walk-in closet and spa-inspired bath, and an expansive lower-level retreat with wet bar, wine area, game room, lounge, gym, and flexible guest space. A detached 2-bedroom, 2-bath ADU adds flexibility for guests, extended family, or private workspace. Ideally situated on a tree-lined street in Old Palo Alto, convenient to Stanford, California Avenue, downtown Palo Alto, parks, dining, and shopping. A rare opportunity to secure and personalize a substantial luxury residence before completion.
Listing agent: David Allen Rivas DRE #01841683 davidarivas@gmail.com, Listing office: David Allen Rivas, Broker
MLS data updated 11/1/2026, 3:02:44 AM PT
Source: CRMLS, MLS #: ML82060834
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 10, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$10,500,000Original asking price · Sep 10, 2026ZIP 94301 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.