StatusAccepting Backup Offers (Active Under Contract)
About 1060 Palo Alto Ave
An unparalleled setting in one of Palo Alto's finest neighborhoods provides the backdrop for this spectacular estate on over half of an acre. Impeccable details, smart home features, and high-end materials grace nearly 6,000 sf of space and create an air of luxury and elegance. A spacious living room and dining room, gourmet kitchen, family room with an adjoining kitchenette, and an executive office provide refined spaces for both entertaining and daily life, while the primary suite featuring a spa-like bathroom elevates the home's 5 en suite bedrooms. Five-star grounds offer the ideal venue to enjoy a California indoor/outdoor lifestyle with a Viking outdoor kitchen, 50'-long heated pool, and a cabana, all framed by 2 majestic palm trees. Situated within walking distance of vibrant University Avenue, this estate is also mere moments to beautiful parks, Stanford University, convenient commute options and top-ranked public and private schools (buyer to verify eligibility).
Property Details
Property Features
Property Information:
Year Built: 2007
Stories: 2
Living Area: 5,984 SqFt
Listing Office:
Office Name: Deleon Realty
Office Phone: (650) 543-8500
Listing Agent: DeLeon Team
Interior Features
Interior Information:
Appliances: Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Range Hood, Dryer, Washer
Flooring Type: Tile, Wood
Interior: Walk-In Closet(s)
Fireplace: Family Room, Living Room, Outside
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 5
Total Bedroom Count: 5
Exterior Features
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Parking: Gated, Uncovered
Virtual/3D Tour
Virtual Tour: 1060 Palo Alto Ave
Virtual Tour
Lot Features
Lot Information:
Lot Size: 0.56 Acres
Utilities
Utilities Information:
Heating: Forced Air, Fireplace(s)
Cooling: Central Air
School Info
Assigned Schools Information:
Palo Alto High School, Public District Grades 9-12
David Starr Jordan Middle School, Public District Grades 6-8
Addison Elementary School, Public District Grades KG-5
Ohlone Elementary School, Public District Grades KG-5
Herbert Hoover Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: Cross Street: Chaucer Street
Price Information
Listing Price Info
Price Summary:
List Price: $11,988,000
Price Per SqFt: $2,003/SqFt
Tax Information:
Annual Amount: $98,576
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $9.0M more than the Median Sold Price and $332/SqFt more than other homes in Palo Alto, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81952933
Listing Office:
Office Name: Deleon Realty
Office Phone: (650) 543-8500
Listing Agent: DeLeon Team
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/28/2024, 2:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 17, 2008
Jun 17, 2008Home Sold
$6,700,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$98,576
$8,385,668
2020
$98,575
$8,299,684
2019
$94,769
$8,136,946
2018
$94,770
$7,977,399
2017
$93,111
$7,820,980
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.69 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school2.01 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school3.36 miles
Public District Grades KG-5
Middle School
7
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school1.57 miles
Public District Grades 6-8
High School
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school1.34 miles
Public District Grades 9-12
Assigned Schools
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.69 miles
Public District Grades KG-5
9
/10
Ohlone Elementary School
950 Amarillo Ave
Distance between this listing and this school2.01 miles
Public District Grades KG-5
9
/10
Herbert Hoover Elementary School
445 E Charleston Rd
Distance between this listing and this school3.36 miles
Public District Grades KG-5
Assigned Schools
7
/10
David Starr Jordan Middle School
750 N California Ave
Distance between this listing and this school1.57 miles
Public District Grades 6-8
Nearby Schools
2
/10
Cesar Chavez Elementary School
2450 Ralmar Ave
Distance between this listing and this school1.33 miles
Public District Grades 6-8
2
/10
Belle Haven Elementary School
415 Ivy Dr
Distance between this listing and this school1.51 miles
Public District Grades KG-8
Assigned Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school1.34 miles
Public District Grades 9-12
Nearby Schools
3
/10
East Palo Alto Academy
475 Pope St
Distance between this listing and this school0.47 miles
Public Charter Grades 9-12
6
/10
Menlo-Atherton High School
555 Middlefield Rd
Distance between this listing and this school1.23 miles
The neighbors living near this home have an average income of $233,445. The majority of Palo Alto, CA residents have income $200k+ annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1060 Palo Alto Ave
What is the listing price of this property?
The listing price of 1060 Palo Alto Ave property is $11,988,000.
What type of property is this?
The property 1060 Palo Alto Ave is a house located in Palo Alto, California, 94301.
Is this property for sale now?
Accepting Backup Offers: 1060 Palo Alto Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 1060 Palo Alto Ave are: Addison Elementary School: GreatSchools Rating 8/10Ohlone Elementary School: GreatSchools Rating 9/10Herbert Hoover Elementary School: GreatSchools Rating 9/10David Starr Jordan Middle School: GreatSchools Rating 7/10Palo Alto High School: GreatSchools Rating 9/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $98,576 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 17, 2008 for $6,700,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1060 Palo Alto Ave has 5 bedrooms and 5 full and 2 half bathrooms.
What is the square footage of this property?
The property 1060 Palo Alto Ave is 5,984 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1060 Palo Alto Ave is 2007.
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This home is located at 1060 Palo Alto Ave in Palo Alto, CA and zip code 94301 in the Crescent Park neighborhood. This 5,984 square foot home, which was built in 2007, sits on a 0.56 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 31, 2024 and is currently priced at $11,988,000.
In March 2024, from all listings sold in Palo Alto, CA there were more than 27 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. In March 2024 in Palo Alto, CA there were 31.6% more homes for sale than in February 2024. While the average time on the market in March 2024 was 26 days, the median list price was $2,951,875.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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