1039 University AvenuePALO ALTO, California, 94301

$12,500,000 $/Month

MLS #52180438 Active

5 Beds4 Baths5,617 SQ. Feet 0.46 Acres2003 Year Built

Many Palo Alto luxury home buyers include the following criteria in their search: Large lot and house, turnkey quality, and close proximity to downtown. 1039 University clearly reflects these criteria. The lot is 20,000 sq ft. The home has nearly 6,000 sq ft. Construction took four years, with completion in 2004. The result reflects a seamless blend of technology and stunning design elements. Lutron lighting, radiant heat throughout, and a disappearing wall of glass in the great room are a few of the features highlighting the contemporary feel. The award-winning grounds are enhanced by a stunning swimming pool and outdoor kitchen, dramatic water features, and an exquisite secret garden. The unexpectedly quiet location is due to an engineered front wall, sound resistant insulation and custom Bend River windows. 1039 University offers a rare opportunity for the buyer looking for a state of the art home on a large lot located a mere five blocks from the vibrancy of downtown Palo Alto.

Open House Information

  • DateSeptember 15th, 2019
  • Begin Time1:30pm
  • End Time4:30pm
  • DescriptionMasterfully crafted Spanish Colonial turn-key estate 5 blocks to downtown Palo Alto. 20,000 sq ft parcel. Huge backyard. The epitome of privacy and seclusion.

Essential Information

  • MLS® #52180438
  • Price$12,500,000
  • Bedrooms5
  • Bathrooms4.50
  • Full Baths4
  • Half Baths1
  • Square Footage5,617
  • Acres0.46
  • Year Built2003
  • TypeResidential
  • Sub-TypeDetached
  • StatusActive

Interior

  • HeatingRadiant
  • FireplaceYes
  • # of Fireplaces3
  • FireplacesFamily Room, Gas Burning, Living Room, Master Bedroom, Woodburning

Additional Information

  • Date ListedFebruary 7th, 2019
  • ZoningR192

Community Information

  • Address1039 University Avenue
  • AreaAll Other Counties/States
  • CityPALO ALTO
  • CountySanta Clara
  • StateCalifornia
  • Zip Code

Exterior

  • RoofTile, Other

Listing Details

  • Listing AgentDon Yarkin
  • Listing OfficeYarkin Realty

Amenities

  • Parking Spaces2
  • ParkingAttached Garage
  • # of Garages2
  • GaragesAttached Garage
  • Has PoolYes

School Information

  • DistrictNot Listed

Property Location

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PALO ALTO, California

Community Real Estate Details for PALO ALTO

Explore PALO ALTO, California

PALO ALTO Real Estate Statistics

  • Total Listings: 87
  • Average price: $4,874,611
  • Highest Price: $39,988,000
  • Lowest Price: $788,000

Price Change History for 1039 University Avenue, PALO ALTO, California (MLS® #52180438)

Date Details Price Change
Price Reduced $12,500,000 $1,000,000 (7.41%)
Price Reduced $13,500,000 $750,000 (5.26%)
Price Reduced (from $15,500,000) $14,250,000 $1,250,000 (8.06%)

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