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765 University Ave, Palo Alto, CA 94301

List Price: $6,288,000On Market FlagOn market
Jun 3, 20253,798 sqft3 beds4 baths
Listed by: Katie Fanning
License #: 01318679
Phone #: 510-393-5283
Golden Gate Sothebys International Realty
Source:
CRMLS Logo
MLS #: 41099936

Property Description

Price Improvement! Consessions Considered! Private, Gated retreat just blocks from Downtown!Elegant and secure, this quiet home offers a flexible multi-generational layout and exceptional indoor-outdoor living. Features include 3 fireplaces, hardwood floors, an updated kitchen with high-end appliances, and an oversized dining room perfect for entertaining. The enclosed sunporch adds valuable flex space for an office or guest room.Enjoy the showpiece outdoor kitchen and fireplace—featured in design magazines—alongside a pool and lush gardens. The spacious primary suite includes a fireplace, sauna, jetted tub, and shower. Two additional bedrooms open to a sunny, peaceful deck.Bonus finished attic and basement offer added versatility. Fully fenced with two automatic gates, dual driveways, ample parking, and a 2-car garage with ADU potential. Located near top-rated schools, Stanford, shopping, and major hospitals. Expertly maintained for comfort and long-term value. With high rental demand and longterm value in the heart of Silicon Valley., this property doubles as a strategic real estate opportunity. It has more than just good bones. It has good spirit. Open House: August 2 & 3rd 2–4 PM.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$84,270

TurboHome Estimated Value

$5,953,000

$1,567 sqft

High Valuation
$6,250,650
$1646/sqft
Normal Valuation
$5,953,000
$1567/sqft
Low Valuation
$5,655,350
$1489/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1567/sqft$5,953,000

Neighborhood: Crescent Park

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Comparative Value

$5.58M

$5.80M

$5.98M

$6.29M

$6.73M

$6.85M

1375 Pitman Ave, Palo Alto, CA 94301

Sale Price: $5,575,000

Selected Comparable

631 Coleridge Ave, Palo Alto, CA 94301

Sale Price: $5,800,000

Selected Comparable

1523 Hamilton Ave, Palo Alto, CA 94303

Sale Price: $5,980,000

Selected Comparable

765 University Ave, Palo Alto, CA 94301

List Price: $6,288,000

Subject Property

556 Kingsley Ave, Palo Alto, CA 94301

Sale Price: $6,731,500

Selected Comparable

425 Seale Ave, Palo Alto, CA 94301

Sale Price: $6,850,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
765 University Ave, Palo Alto, CA 94301

765 University Ave, Palo Alto, CA 94301

List: $6,288,000

Listed: 6/3/2025

Area:3,798 sqft
Price/sqft:$1,656
Beds:3
Baths:4
Year Built:
Lot Size:9,375

Comparable Properties

COMPARABLE
Choose comps
1375 Pitman Ave, Palo Alto, CA 94301

1375 Pitman Ave, Palo Alto, CA 94301

Sale: $5,575,000

6/30/20250.68 mi

Area:3,072 sqft
Price/sqft:$1,815
Beds:3
Baths:5
Year Built:
Weight:22.9%
631 Coleridge Ave, Palo Alto, CA 94301

631 Coleridge Ave, Palo Alto, CA 94301

Sale: $5,800,000

6/13/20250.97 mi

Area:3,439 sqft
Price/sqft:$1,687
Beds:4
Baths:4
Year Built:
Weight:22.5%
425 Seale Ave, Palo Alto, CA 94301

425 Seale Ave, Palo Alto, CA 94301

Sale: $6,850,000

5/13/20251.27 mi

Area:4,367 sqft
Price/sqft:$1,569
Beds:4
Baths:4
Year Built:
Weight:20.1%
1523 Hamilton Ave, Palo Alto, CA 94303

1523 Hamilton Ave, Palo Alto, CA 94303

Sale: $5,980,000

10/25/20241.09 mi

Area:3,309 sqft
Price/sqft:$1,807
Beds:4
Baths:4
Year Built:
Weight:18.9%
556 Kingsley Ave, Palo Alto, CA 94301

556 Kingsley Ave, Palo Alto, CA 94301

Sale: $6,731,500

9/11/20240.70 mi

Area:3,195 sqft
Price/sqft:$2,107
Beds:4
Baths:5
Year Built:
Weight:15.6%

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