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$14,480,000

Beds
5
Baths
6.5
sq ft
6,374

51 Crescent Dr, Palo Alto, CA 94301

51 Crescent Dr

PALO ALTO, CA 94301

  • 51 days on market
Experience European elegance in this renovated property on one of Palo Altos most premier streets. The home was meticulously restored by DeMattei Construction while preserving its original charm, circa 1926, with features like richly hued hardwood floors, towering arched windows, and 7 fireplaces. The 3-level main home, with elevator, has 5 en suite bedrooms one which is being used as an office, plus there is a separate 1-bedroom guest house with full kitchen. There is a handsomely appointed library, wine storage for approximately 900 bottles, a French La Cornue range, plus a recreation room with bar. The outdoor space is wonderful for entertaining with a stunning Murano glass and gold mosaic pool inspired by Hearst Castle, vast antiqued limestone terrace, and professionally landscaped gardens on more than one-half acre. With its prime Crescent Park location, minutes to shops on University Ave, as well as acclaimed Palo Alto schools, this property offers the perfect blend of old-world elegance and luxurious modern comfort.

Details

Property type

Single Family Residence

Est. home value

$9,638,015

Lot size

0.54 acres

Price per sq ft

$2,272

Year built

1927

Price History

05/16/2024
MLSL

MLSL #ML81965894

Listed
$14,480,000

Schools & Community

Neighborhood: 

Crescent Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Alto Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

April 2017

Original loan amount

$550,000

Est. remaining balance

Not provided

Interest rate

3.35%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

John Paul Hanna and Barbara Hanna

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/06/2024 at 11:35 AM

Listing updated: 05/22/2024 at 7:12 AM

Listed by: Mary & Brent Gullixson, Mary & Brent Gullixson, Mary & Brent Gullixson, Mary & Brent Gullixson, Compass Phone #: (650) 462-1111

MLS: MLSL #ML81965894

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