3585 El Camino Real, Palo Alto, CA 94306
Property
Sold March 2022
Listing Agent: Ella Sun (DRE #01877209) · Listing Office: Compass · Contact: (650) 462-1111 · Bought with: Andy Chan · MLS #ML81879466 · Source: CRMLS
How this sale compares
3585 El Camino Real sold for $2,750,000 in March 2022, 10% over its $2,500,000 list price, after 18 days on the market. That works out to $392 per square foot on 7,015 square feet. Across 53 closed sales in 94306 over the last 12 months, the median sold price is $3,100,000 and the median is $2,062 per square foot, 426% above this sale's $392.
| Quarter | Closed sales in 94306 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $1,239,000 |
| Q2 2026 | 27 | $3,000,000 |
| Q3 2026 | 18 | $3,392,500 |
| Q4 2026 | 1 | $3,601,000 |
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 94306
Description
Rare opportunity to own this BEST value and flat vacant lot in Palo Alto! The proposed mix-used building was beautifully designed by award winning architect in Palo Alto. The design was approved by the city, next step will be the buidling permit. Total building size is 7,015 SF. It includes 3 stories: 2,594 SF commercial (two offices), and 4,421 SF residential (One 2-bedrm 2-bath unit on 2nd floor; One 2-bedrm 2-bath unit and One 1-bedrm 1 bathrm unit on the top floor). Maybe building it for yourself and rent out or sell the office space? Total 15 car parkings and 5 bike parkings. Zoning CN. 2 miles to Stanford University. 3 miles to Palo Alto Downtown. A lot of potential!
Listing description from the March 2022 sale, as reported to CRMLS.
Sale history
Recent sales near 3585 El Camino Real
455 Margarita Avenue: Sold $3,600,000 · 4 bd · 4 ba · 2,478 sqft · Sep 2026 · 0.1 mi
3420 Orinda Street: Sold $3,110,000 · 2 bd · 2 ba · 1,200 sqft · Jun 2026 · 0.1 mi
Intero Real Estate Services | DRE #02092371
Buyer's agent: Emmy Kwong, Emma L. Kwong, Broker | DRE #01364193360 Fernando Avenue: Sold $1,920,000 · 2 bd · 2 ba · 903 sqft · Jul 2026 · 0.2 mi
Deleon Realty | DRE #70010006
Buyer's agent: Sufei Sun, Aspire Homes | DRE #02113113829 Matadero Avenue: Sold $4,583,888 · 4 bd · 2 ba · 2,171 sqft · Aug 2026 · 0.5 mi
Deleon Realty | DRE #70010006
Buyer's agent: Royce H. Cablayan, Christie's International Real Estate Sereno | DRE #01062078570 Vista Avenue: Sold $910,000 · 2 bd · 1 ba · 917 sqft · May 2026 · 0.5 mi
Christie's International Real Estate Sereno | DRE #01174998
Buyer's agent: Linda Baker, Milestone Realty | DRE #013730333286 South ct: Sold $4,900,000 · 4 bd · 4 ba · 2,376 sqft · May 2026 · 0.5 mi
Compass | DRE #01473188
Buyer's agent: Susan Sun, Coldwell Banker Realty | DRE #020388183057 South Court: Sold $3,265,000 · 3 bd · 2 ba · 1,228 sqft · Jun 2026 · 0.6 mi
Midtown Realty | DRE #00849721
Buyer's agent: Mark Palermo, Compass | DRE #01469372225 W Meadow Drive: Sold $2,830,000 · 3 bd · 2 ba · 1,680 sqft · Apr 2026 · 0.6 mi
KW Advisors | DRE #70010161
Buyer's agent: Li Dong, BQ Realty | DRE #02207197
Closed sales reported in 94306, nearest first, last 12 months. All recent sales in Palo Alto →