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11
Photos
440 Melville Avenue, Palo Alto, CA 94301
$8,200,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
2
baths
2,879
sqft
Built in
1926
This distinguished home, crafted almost a century ago, is now available for the first time in generations. Timeless architecture and enchanting gardens unfold across an expansive and perfectly shaped 15,000 square feet (100 x 150) lot, one of the largest in the area. The house has hardwood floors throughout. This one-of-a-kind property reveals boundless opportunities to remodel, expand or build a true Silicon Valley estate that stands apart. Noteworthy potential includes the possibility to expand the house either to the front or rear, with an additional +1,300 SF above the ground and +1,300 SF as a basement. For new building, the maximum allowed floor area above the ground is 5,250 SF. A conceptual design for a new home, encompassing 7,259 SF, including a +2,300 SF basement, is available for reference. This immense property is exquisitely located within blocks of Stanford University, libraries, Children's theatre, Junior Museum & Zoo, historic Elizabeth F. Gamble Garden, exciting Downtown Palo Alto, pristine parks, and exceptional schools. Take advantage of a once-in-a-lifetime opportunity to make this absolutely impeccable location into your home.
Features & Amenities
Interior
- A/C:
- true, None
- Heating:
- true, Forced Air
- Fireplace:
- Living Room, Fireplace
Exterior
- Parking:
- Parking spaces: 2
Construction
- Roofing:
- Shingle
- General:
- 2
Location
- Originating MLS:
- CRMLS
- School District:
- Palo Alto Unified
- County:
- Santa Clara
Lot
- Zoning:
- R-1 (10000), 12019021
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- CRMLS
This listing courtesy of:
Compass, Xin Jiang
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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