440 Melville Avenue, Palo Alto, CA 94301

$7,850,000 Asking Price

4 beds

4 baths

2,879 sqft

Built in 1926

One Million Price Improvement!! This distinguished home, crafted almost a century ago, is now available for the first time in generations. This one-of-a-kind property reveals boundless opportunities to remodel, expand or build a true Silicon Valley estate that stands apart. Surrounded by vast estates, this immense property is exquisitely located within blocks of Stanford University, exciting Downtown Palo Alto, pristine parks, top shopping, fine dining, and exceptional schools. Take advantage of a once-in-a-lifetime opportunity to make this absolutely impeccable location into your home.

Listing Status:: Active
Date Added:: August 19, 2024 — 89 days ago
Listing Office:: Compass, Xin Jiang (650-283-8379)
Office Phone:: 650-323-1111
MLS ID:: ML81976371

Features & Amenities

Interior

A/C:: true, None
Heating:: true, Forced Air
Fireplace:: Living Room, Fireplace

Exterior

Parking:: Parking spaces: 2

Construction

Roofing:: Composition
General:: 2

Location

Originating MLS:: CRMLS
School District:: Palo Alto Unified
County:: Santa Clara

Lot

Zoning:: R1929, 12019021

Utilities

Water:: Public
Sewer:: Public Sewer

Financial

Source:: CRMLS

This listing courtesy of:
Compass, Xin Jiang

About Palo Alto, CA

Housing

Number of Units: 36,248
Median Home Value: $1,148,734
Median Rent: $1,906

46.50% of housing units are renter occupied.

7.22% are vacant.

Commute

Car: 48.90%
Public Transportation: 3.41%
Walk to Work: 2.64%
Work from Home: 38.95%
Other: 1.36%

The median travel time to work is 17 minutes.

People

Population: 93,544
Median Age: 39.40
Median Household Size: 2.98

Education

High School: 8.80%
Associate’s Degree: 3.79%
Bachelor’s Degree: 24.27%
Graduate Degree: 43.90%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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440 Melville Avenue, Palo Alto, CA 94301

$7,850,000 Asking Price