4
Bedrooms
Sold for $7,850,000 · Aug 2025
SOLDListed at $8,395,000
Palo Alto, CA
MLS# ML82007039
Brian Chancellor
Listing Agent
Christie's International Real Estate Sereno
DRE #: 01174998
Brokerage: Christie's International Real Estate Sereno
4
Bedrooms
6
Bathrooms
4,527 sqft
Square Feet
1955
Year Built
0.34 acres
Lot Size
$1,734
Price/Sq Ft
2
Garage Spaces
N/A
HOA
Single Family Home
Property Type
Nestled on a gorgeous and private lot in one of Palo Altos most coveted neighborhoods, this house offers timeless sophistication, exceptional design, and resort-like living. A spectacular great room boasts beamed & vaulted ceilings, walls of windows, 10 skylights, a striking metal fireplace surround, and a Chefs kitchen. Formal rooms include an open entry, an elegant dining room, and a living room with coved ceiling, fireplace, and built-in bookcases. The primary bedroom suite has vaulted high ceilings, double doors to the central courtyard with fire pit, and custom metal barn doors to the beautiful spa-like bathroom and grand walk-in closet. The first floor also holds a second en suite bedroom and an elegant half bath. The second floor boasts two carpeted bedrooms and two bathrooms; one bedroom is en suite with two walk-in closets . The large professionally landscaped lot offers multiple spaces for outdoor entertainment and activities such as a custom regulation-size bocce court, a pool and hot tub with waterfall and a wonderful Ipe lounging deck, outdoor kitchen and al fresco dining in the incredible pavilion that includes a fireplace, radiant heat, TV and half bath. Additional features include a mudroom, a laundry room, and an oversized 2-car attached garage.
Listing description from the August 2025 sale, as reported to CRMLS.
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1 recorded sale
1661 University Avenue sold for $7,850,000 in August 2025, 6.5% under its $8,395,000 list price, after 89 days on the market. It was first listed at $8,750,000. That works out to $1,734 per square foot on 4,527 square feet. Across 45 closed sales in 94301 over the last 12 months, the median sold price is $3,375,000 and the median is $1,886 per square foot, 8.8% above this sale's $1,734.
| Quarter | Closed sales in 94301 | Median sold price |
|---|---|---|
| Q1 2026 | 1 | $3,577,000 |
| Q2 2026 | 27 | $3,235,000 |
| Q3 2026 | 13 | $3,910,000 |
| Q4 2026 | 4 | $1,807,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Palo Alto · Homes for sale in 94301
Closed sales reported in 94301, nearest first, last 12 months. All recent sales in Palo Alto →
1661 University Avenue
Contact Brian Chancellor
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Contact Listing Agent
Christie's International Real Estate Sereno
DRE #01174998
Contact information is not available for this listing.