Sold for $2,565,000 · Jul 2024

SOLD

Listed at $2,050,000

Sold

246 Palo Alto Avenue, Palo Alto, CA 94301

Palo Alto, CA

MLS# ML81969460

1,020 Sq Ft • Single Family Home1bd • 1ba

13 days on market

Listing Agent

Terri Kerwin

Listing Agent

Golden Gate Sotheby's International Realty

DRE #: 01181550

Brokerage: Golden Gate Sotheby's International Realty

Property Details

Bedrooms

Bathrooms

1,020 sqft

Square Feet

1923

Year Built

6,970 sqft

Lot Size

$2,515

Price/Sq Ft

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Charming 1923 Spanish bungalow nestled in the heart of downtown Palo Alto, bordering the San Francisquito Creek. The home boasts a spacious living room, a separate dining area, and a sunny, bright kitchen. The yard features two stunning heritage live oaks, one gracing the front yard and the other enhancing the backyard. Conveniently close to the shops and dining on University Avenue, with Stanford University just a short distance away.

Listing description from the July 2024 sale, as reported to CRMLS.

Facts & Features

Details

Cooling: None

Sale history for 246 Palo Alto Avenue

1 recorded sale

$2,565,000

Sold July 2024 · listed $2,050,000, on market June 2024, 13 days on market · MLS #ML81969460 · Source: CRMLS

Listing Agent: Terri Kerwin · Listing Office: Golden Gate Sotheby's International Realty · Contact: 650-847-1141 · Bought with: Mark Palermo · Compass

How this sale compares

246 Palo Alto Avenue sold for $2,565,000 in July 2024, 25% over its $2,050,000 list price, after 13 days on the market. That works out to $2,515 per square foot on 1,020 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, 25% below this sale's $2,515.

$2,515

This sale, per sq ft

$1,886

94301 median per sq ft (12 mo)

$3,375,000

94301 median sold price (12 mo)

Closed sales in 94301 (12 mo)

Days on market

+25%

Sold vs. list price

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

Recent sales near 246 Palo Alto Avenue

Closed sales reported in 94301, newest first, last 12 months. All recent sales in Palo Alto →

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CRMLS

MLS# ML81969460

Listed: 6/13/2024

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 7/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Golden Gate Sotheby's International Realty

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.