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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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1023 Guinda Street — Palo Alto — 3 Beds • 3 Baths • 1,392 Sq Ft | Belmont Brokerage

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$3,995,000

$2,870/ft²

1023 Guinda St, Palo Alto, CA 94301

Property Description

A rare development opportunity in one of Palo Alto's most coveted downtown adjacent neighborhoods. Set on a level 7,500 sq ft lot (50 x 150), 1023 Guinda Street pairs a classic 1924 home with build upside that seldom comes to market this close to University Avenue. The existing 3 bedroom, 2.5 bath residence (approx. 1,392 sq ft) is bright, characterful, and livable. A detached rear structure with full bath and cedar sauna adds flexible space; buyer to verify permits and use. The R-1 parcel offers an estimated combined potential of roughly 5,300 to 5,900 sq ft across a new main residence, an uncounted basement, and a detached ADU; buyer to verify all development potential and figures with the City of Palo Alto and qualified professionals. Moments from downtown Palo Alto, Caltrain, and acclaimed schools. Sold as is. Some interior photos are virtually staged and digitally altered; original unaltered photos are included in the set.

Listing provided by: Justin SieberDRE #01887998(650) 941-1111 justin.sieber@compass.com, Compass

MLS #: ML82054422