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1039 University Ave, PALO ALTO, CA – $12,500,000

  • 5 Beds
  • 5 Baths
  • 5,617 Sqft
  • .46 Acres
  • 5 Beds
  • 5 Baths
  • 5,617 Sqft
  • .46 Acres

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1039 University Ave

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.

Essential Information

  • MLS® #ML81738043
  • Price$12,500,000
  • Bedrooms5
  • Bathrooms5.00
  • Full Baths4
  • Half Baths1
  • Square Footage5,617
  • Square FootageAssessor
  • Acres0.46
  • Year Built2003
  • TypeSingle Family Residential
  • Sub-TypeDetached Single Family
  • StatusActive

Community Information

  • Address1039 University Ave
  • AreaCrescent Park
  • CityPALO ALTO
  • CountySanta Clara
  • StateCA
  • Zip Code94301

Amenities

  • UtilitiesPublic Utilities
  • GaragesAttached, 2 Car Garage
  • Has PoolYes

Interior

  • HeatingRadiant Floors
  • CoolingWhole House Fan
  • FireplaceYes
  • # of Stories2

Appliances

Microwave, Oven Range - Built-In, Gas, Refrigerator (s), Warming Drawer

Exterior

  • RoofTile Roof, Other Roof
  • FoundationConcrete Perimeter & Slab

Additional Information

  • ZoningR1929

Listing Details

  • AgentDon Yarkin
  • OfficeYarkin Realty
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Price Change History for 1039 University Ave, PALO ALTO, CA (MLS® #ML81738043)

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%)

© 2019 MLSListings Inc. All rights reserved. Based on information from MLSListings MLS as of December 7th, 2019 at 3:55am CST.
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. Properties may or may not be listed by the office/agent presenting the information.