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997 Ilima Way, Palo Alto, CA 94306

Single-family home · 2 recorded sales since 2023

997 Ilima Way, Palo Alto, CA 94306 Sold May 2026 CRMLS
$3,420,000Sold May 2026

Listing Agent: Vicky Li (DRE #01896360) · Listing Office: Coldwell Banker Realty · Contact: (408) 252-1133 · Bought with: Nancy Sun · MLS #ML82040698 · Source: CRMLS

4
Bedrooms
2
Bathrooms
1,478
Sq Ft
8,756 sqft
Lot Size
1960
Year Built
Single-family home
Type
1
Stories
2
Garage
CentralAir
Cooling
Central
Heating

How this sale compares

997 Ilima Way sold for $3,420,000 in May 2026, 14% over its $2,990,000 list price, after 9 days on the market. That works out to $2,314 per square foot on 1,478 square feet. Across 56 closed sales in 94306 over the last 12 months, the median sold price is $3,050,000 and the median is $2,055 per square foot, 11% below this sale's $2,314.

$2,314
This sale, per sq ft
$2,055
94306 median per sq ft (12 mo)
$3,050,000
94306 median sold price (12 mo)
56
Closed sales in 94306 (12 mo)
9
Days on market
+14%
Sold vs. list price
QuarterClosed sales in 94306Median sold price
Q1 20267$1,239,000
Q2 202627$3,000,000
Q3 202618$3,392,500
Q4 20264$3,050,500

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 94306

Description

Walking distance to Gunn High School! Walking distance to three parks!!(Cornelis Bol Park, Juana Briones Park, Barron Park donkeys). This extremely quiet single-family residence sits on an expansive 8,700+ sq ft lot in the highly sought-after Barron Park neighborhood of Palo Alto, rarely available. Move-in ready, this bright 4-bedroom, 2-bathroom home features wood flooring, a spacious family room, and abundant natural light throughout. Recent upgrades include new insulation, enhancing both comfort and energy efficiency. Additional highlights include central A/C and a two-car garage. Ideally located near top-rated Palo Alto schools and Highway 280, offering easy access to major Silicon Valley tech campuses. Set among picturesque tree-lined streets in a warm and welcoming neighborhood, this home presents a rare opportunity to experience the quintessential Palo Alto lifestyle. A truly special offering not to be missed.

Listing description from the May 2026 sale, as reported to CRMLS.

Sale history

$3,420,000
Sold May 2026 · listed $2,990,000, on market April 2026, 9 days on market · MLS #ML82040698 · Source: CRMLS
Listing Agent: Vicky Li · Listing Office: Coldwell Banker Realty · Contact: (408) 252-1133 · Bought with: Nancy Sun
$2,900,000
Sold September 2023 · listed $2,998,000, on market August 2023, 12 days on market · MLS #ML81938780 · Source: CRMLS
Listing Agent: Tim Anderson · Listing Office: Christie's International Real Estate Sereno · Contact: (650) 947-2900 · Bought with: Chen Ma · Alliance Bay Realty

Recent sales near 997 Ilima Way

Closed sales reported in 94306, nearest first, last 12 months. All recent sales in Palo Alto →

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Sale history for this address is based on MLS-reported closed transactions provided through CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Nalren does not provide price estimates or valuations.

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