425 Margarita Avenue, Palo Alto, CA 94306

About this single-family home

Palo Alto is the wealthiest city in America with a median income of $151,000 and a median home value of $2.5 mil.There is a trend of million-billionaires tearing down older homes and building huge estates. Wonderful opportunity to build your dream home on one of the larger lots on the market (7200 sq ft) Home to great schools and Ivy League Standford University. State of the art medical facilities. Silicon Valley is the startup capitalist of the world! A short ride to Santa Cruz, Half moon bay and the Pacific ocean with San Francisco offering wonderful dining, shopping and entertainment. Buyer is anxious to sell!!

Listing description from the February 2017 sale, as reported to CRMLS.

Sale history

$1,750,000

Sold February 2017 · listed $1,799,000, orig. $2,125,000, on market July 2016 · MLS #16141644 · Source: CRMLS

Listing Agent: Roberta Koehl · Listing Office: Windhorse Estates · Contact: 310-455-0021 · Bought with: Subscriber Non · Non-Participant Office

$1,750,000

Sold February 2017 · listed $1,799,000, orig. $2,125,000, on market July 2016 · MLS #ML81594391 · Source: CRMLS

Listing Agent: Violeta Cumti · Listing Office: V. Cumti Realty · Contact: 650 387-3367 · Bought with: Lori Lowe · Sereno

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