The Most and Least Expensive Sales in Palo Alto in May

 

Palo Alto’s most expensive home sale in May 2017 was 1107 Cowper Street. This home is truly a historic gem of contemporary neo–colonial style, in the sought-after Professorville neighborhood.

Built in 1997 on almost an acre of land, the 7,550 square feet residence sold off market for the record-breaking amount of $30,000,000! The quality and detail in this home are easy to see without even stepping inside; genuine San Francisco street cobblestone from the 1800's adorn its facade, welcoming the happy new owner to centuries of Bay Area tradition. 

Despite Cowper being one of the most desirable streets in Palo Alto, this price still surprised many a Silicon Valley Realtor. The tree-lined neighborhood is also within walking distance of Downtown Palo Alto, Midtown, California Avenue, and top-rated Palo Alto schools.

3042 Price Court is the least expensive sale in Palo Alto this May. This reportedly sold off-market for $2,400,000; more than $500,000 above its listing price. The home is a classic, a Joseph Eichler property.

Eichler was among the first to enable homes to breathe fresh air inside and out without constraint or clutter.An admirer and advocate of Frank Lloyd Wright and 1940’s modernist architecture, Eichler emphasized boldness in his home designs, walls of glass to enable natural light to “change” the home throughout the day/night, and simple, uncluttered lines. This home, like nearly all 11,000 Eicher-built homes in California, has his signature high pitched ceilings and open atriums to generate even more light and volume bounce off warm mahogany, interior wood panels.


*Data source: MLSListings
*Image source: Google Maps and Apple Maps