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Price Improved! Located in the heart of prestigious Old Palo Alto, this exceptional property offers a rare opportunity to remodel, expand, or create the custom home of your dreams in one of Silicon Valley's most sought-after neighborhoods. Set on an expansive 10,000 sq. ft. lot, the existing residence features 5 bedrooms, 3.5 baths, and approximately 2,831 sq. ft. of living space, providing a solid foundation for renovation or reimagination. The deep lot is a standout feature, offering extraordinary potential for a spectacular backyard retreat with ample room for outdoor entertaining, a pool, gardens, or play areas. Surrounded by tree-lined streets and distinguished homes, this premier location combines timeless neighborhood charm with close proximity to top-rated schools, parks, Stanford University, and the vibrant amenities of downtown Palo Alto. An exceptional opportunity to create a legacy property in one of the Peninsula's most desirable communities. Buyers to confirm schools .
Listing agent: Nadr Essabhoy DRE #01085354 nadr.essabhoy@compass.com, Listing office: Compass
MLS data updated 10/31/2026, 10:01:05 AM PT
Source: CRMLS, MLS #: ML82053646
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Read Belmont’s local buyer guidesEnter your own resale and cost assumptions. This tool does not estimate market value or confirm that an addition is permitted. Asking price: $7,995,000.
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 26, 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
$7,995,000Asking price recorded · Aug 26, 2026ZIP 94301 · Aug 2026
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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.