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1661 University Ave, Palo Alto, CA 94301

List Price: $8,395,000On Market FlagOn market
May 15, 20254,527 sqft4 beds6 baths
Listed by: Brian Chancellor
License #: 01174998
Phone #: 650-303-5511
Christie's International Real Estate Sereno
Source:
CRMLS Logo
MLS #: ML82007039

Property Description

Nestled on a gorgeous and private lot in one of Palo Altos most coveted neighborhoods, this house offers timeless sophistication, exceptional design, and resort-like living. A spectacular great room boasts beamed & vaulted ceilings, walls of windows, 10 skylights, a striking metal fireplace surround, and a Chefs kitchen. Formal rooms include an open entry, an elegant dining room, and a living room with coved ceiling, fireplace, and built-in bookcases. The primary bedroom suite has vaulted high ceilings, double doors to the central courtyard with fire pit, and custom metal barn doors to the beautiful spa-like bathroom and grand walk-in closet. The first floor also holds a second en suite bedroom and an elegant half bath. The second floor boasts two carpeted bedrooms and two bathrooms; one bedroom is en suite with two walk-in closets . The large professionally landscaped lot offers multiple spaces for outdoor entertainment and activities such as a custom regulation-size bocce court, a pool and hot tub with waterfall and a wonderful Ipe lounging deck, outdoor kitchen and al fresco dining in the incredible pavilion that includes a fireplace, radiant heat, TV and half bath. Additional features include a mudroom, a laundry room, and an oversized 2-car attached garage.
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

$122,784

TurboHome Estimated Value

$8,290,300

$1,831 sqft

High Valuation
$8,704,815
$1923/sqft
Normal Valuation
$8,290,300
$1831/sqft
Low Valuation
$7,875,785
$1740/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1831/sqft$8,290,300

Neighborhood: Crescent Park

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Comparative Value

$7.30M

$8.39M

$9.05M

662 Berkeley Ave, Menlo Park, CA 94025

Sale Price: $7,300,000

Selected Comparable

1661 University Ave, Palo Alto, CA 94301

List Price: $8,395,000

Subject Property

418 Chaucer St, Palo Alto, CA 94301

Sale Price: $9,050,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1661 University Ave, Palo Alto, CA 94301

1661 University Ave, Palo Alto, CA 94301

List: $8,395,000

Listed: 5/15/2025

Area:4,527 sqft
Price/sqft:$1,854
Beds:4
Baths:6
Year Built:
Lot Size:15,000

Comparable Properties

COMPARABLE
Choose comps
662 Berkeley Ave, Menlo Park, CA 94025

662 Berkeley Ave, Menlo Park, CA 94025

Sale: $7,300,000

5/19/20251.24 mi

Area:4,280 sqft
Price/sqft:$1,706
Beds:5
Baths:7
Year Built:
Weight:52.8%
418 Chaucer St, Palo Alto, CA 94301

418 Chaucer St, Palo Alto, CA 94301

Sale: $9,050,000

4/25/20250.46 mi

Area:3,522 sqft
Price/sqft:$2,570
Beds:5
Baths:5
Year Built:
Weight:47.2%

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