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251 Middlefield Road, Palo Alto, CA 94301

Santa Clara County

Key Facts

12Beds
9+1Baths
5,939Sq Ft
1915Year Built
0.23Lot (acres)
1Garage
2Stories

Description

A state-of-the-art income producing asset nestled in the heart of Palo Alto. This property was completely remodeled in 2019 with no expense spared. Top-of-the-line materials, finishes, and appliances throughout. A total of 7 beautiful units and a large finished basement of 2,868 sf (not included in the living sf). Attractive landscaping, lovely curb appeal and attention to every detail starts on the exterior of the building and continues inside throughout all 7 units. The penthouse suite is over 2000 sf with three bedrooms plus a large office and two bathrooms, and the main first floor unit is over 1400 sf with two glorious master suites. Just a few blocks to Stanford University & downtown Palo Alto. Close access to many restaurants, cafes and parks as well as many High Tech companies, including HP, Google, Facebook, and Apple. Must see!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1915

Stories

2

Living Area

5,939 sq ft

Lot Size

0.23 acres

Garage Spaces

1

Parking Spaces

1

Zoning

R1

Days on Market

214

MLS® Listing#

ML81864734

Property Features

Heating

ENERGY STAR Qualified EquipmentHumidity ControlKeroseneSee Remarks

Fireplace

PropaneSee ThroughSee RemarksZero Clearance

Foundation

Raised

Financial Details

Parcel Number

003-01-076

Affordability Calculator

$1,997,600

Estimated monthly payment

$53,160/mo

Principal $7,990,400 · Est. interest $11,147,319 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Palo Alto, CA

$1,000,000
Median Listing Price
40
Median Days on Market
1,570
Median Sq Ft
$1,252
Median Price / Sq Ft
283
Active Listings
  • This home’s price is 899% above the area median.
  • Its price per sq ft is 34% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Palo Alto, CA.

Location

Map showing the location of 251 Middlefield Road, Palo Alto, CA 94301

Getting Around

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Points of Interest in Palo Alto, CA

Showing the Palo Alto area map.

Nearby Schools

  • Discovery Children's House

    School · 0.2 mi away

  • Rise Together Education

    School · 0.5 mi away

  • Building Kidz

    School · 0.5 mi away

  • The Roberts School

    School · 0.6 mi away

  • Silicon Valley International School

    Secondary · 0.6 mi away

  • German American School of Palo Alto (Gaspa)

    School · 0.6 mi away

  • East Palo Alto High School

    Secondary · 0.6 mi away

  • Alto International School

    School · 0.6 mi away

  • Addison Elementary School

    Elementary · 0.6 mi away

  • Willow Oaks Elementary

    Elementary · 0.7 mi away

  • Kipp Valiant Community Prep

    Elementary · 0.7 mi away

  • Laurel Elementary School Upper Campus

    Elementary · 0.8 mi away

  • German - American International School

    School · 0.8 mi away

  • The Learning Center

    School · 0.8 mi away

  • St Elizabeth Seton School

    Secondary · 0.8 mi away

  • Tru

    School · 0.9 mi away

  • Our School

    School · 0.9 mi away

  • The Peninsula School

    Secondary · 1.0 mi away

  • Menlo-Atherton High School

    Secondary · 1.0 mi away

  • Paly Robotics

    School · 1.0 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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AddressPriceBedsBathsSq Ft
251 Middlefield Road, Palo Alto, CA$7,500,00011105,939

Moving Cost Estimate

EXIT Agents in Palo Alto

Listing Courtesy: Compass - 6503231111

Presented by: Jennifer Buenrostro

Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-29 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CRMLS_MLSL. MLS® Listing#ML81864734. © 2026EXIT Realty®. All rights reserved.