$5,500,000 771 Center DR, Palo Alto 4 bd · 4 ba · 2,391 sqft
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HomeHomes for SalePalo Alto › 771 Center DR
49 photos · MLS data verified July 19, 2026 · Updated every 15 min
$5,500,000 Pending
4 Beds·4 Baths·2,391 sqft·10,500 sqft lot·Built 1956
771 Center DR, Palo Alto, CA 94301
Listed 10 days ago · July 9, 2026  |  MLS# ML82053232
$2,300/sqft +42% vs Palo Alto avg
What this means: Priced above the Palo Alto per-sqft average. Compare to recent sales below for context.
Est. $34,529/moP&I $28,538 · Tax $5,729 · Insurance $262 · HOA $0Assumes 20% down ($1,100,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Single Family Price Position in Palo Alto
Average $4.9M
This Home $5.5M
$2.8M$7.6M
68Active in Palo Alto
19Active in 94301
24Avg DOM
$1,617Avg $/SqFt
103.5%Sale-to-List
1.4 moInventory
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Why This Home Stands Out

📍
Palo Alto Location
Active listing in Palo Alto, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
4 Bed / 4 Bath / 2,391 sqft on 10,500 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $5.5M vs City Average $2.9M
$2,300/sqft compared to Palo Alto avg $1,617/sqft (+42.3%).
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In

About This Home

Set on a desirable park-adjacent corner lot in Palo Alto's coveted Crescent Park neighborhood, this exceptional 10,500 sq. ft. property offers a rare chance to create something truly special. Surrounded by mature landscaping and bordered by the beauty of Eleanor Pardee Park, the setting is serene, established, and rarely available. The existing 2,391 sq. ft. residence features 4 bedrooms and 3.5 baths, offering an inviting foundation for renovation, redesign, or a more transformative vision. Held by the same family for more than 70 years, the property carries a meaningful sense of history while presenting endless possibilities for the future. Enjoy tree-lined streets, nearby downtown Palo Alto shopping and dining, acclaimed Palo Alto schools, Stanford University, Palo Alto Caltrain, and convenient access to major commute routes. Refresh. Reimagine. Rebuild. An extraordinary opportunity in one of Palo Alto's most sought-after neighborhoods.
MLSListings IDX
MLS ID #ML82053232, Anita Gat. Listing provided by Keller Williams Thrive · MLSListings Inc.
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Property Details

Property Type
Single Family Residence
Year Built
1956
Bedrooms
4
Bathrooms
3 Full, 1 Half
Living Area
2,391 sqft
Lot Size
10,500 sqft
Garage
2 Spaces
Price/sqft
$2,300
County
SantaClara
MLS Number
ML82053232
Status
Pending
Stories
N/A
HOA
None

Interior Features

CentralForcedAir

Exterior & Lot

Shake Roof2-Car Garage0.24 Acres

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
771 Center DR, Palo Alto, CA 94301 · SantaClara County

Market Context

Price Positioning
$ Price context: Listed at $2,300/sqft vs Palo Alto avg $1,617/sqft (+42.3% above).
$ Sale-to-list: Palo Alto homes selling at 103.5% of asking.
Velocity: City avg 24 days. This home: 10 days.
🏠 Inventory: 12 4-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy
Timothy Alston
Broker · Over 23 Years Experience

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Market Snapshot

$2,893,309Average Price+14.9% vs Last Year
24Avg DOM+20.0 days vs Last Year
68Active Listings+28.3% vs Last Year
103.5%Sale-to-List-0.8% vs Last Year
Full Market Snapshot →
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]
For Homeowners

What would your Palo Alto home sell for today?

Homes in Palo Alto are selling at 103.5% of asking in 24 days.

103.5%Sale-to-List
24Avg Days
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Schools in Palo Alto

Aegis School Excellence Index

10

El Carmelo Elementary

Palo Alto Unified SD · K-5

10

Ellen Fletcher Middle

Palo Alto Unified SD · 6-8

10

Henry M. Gunn High School

Palo Alto Unified SD · 9-12

School information is for general reference only. Contact districts directly for enrollment and boundary info.

More in Palo Alto

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4271 Ponce DR$1,998,0003bd/2ba/1,570sf
2857 Josephine Lane$1,998,0003bd/3ba/1,770sf
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This 2,391 square foot single-family home at 771 Center DR in Palo Alto features 4 bedrooms and 4 bathrooms. Pending sale at $5,500,000, this CrescentPark property reflects the current pricing trends for 4-bedroom homes in the 94301 zip code.

4-Bedroom Homes for Sale in Palo Alto 94301

Browse 4-bedroom single-family home listings in the CrescentPark area of Palo Alto. Properties in 94301 are currently averaging $1,617 per square foot with 24 days on market.

What to Expect When Buying in CrescentPark

The CrescentPark market in Palo Alto features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.

Recently Sold in Palo Alto

Closed within 6 months · 4 bed / similar sqft · Palo Alto 94301

728 Seminole WAY
Sold $3,000,000
4 bd · 2 ba · 1,314 sqft
$2,283/sqft · +7.6% above list
Closed Jul 17, 2026 · 9 days on market
MLSListings IDXMLS ID #ML82049613, DeLeon Team. Listing provided by Deleon Realty · MLSListings Inc.
887 Loma Verde AVE
Sold $4,267,000
4 bd · 3 ba · 1,918 sqft
$2,224/sqft · +12.3% above list
Closed Jul 17, 2026 · 8 days on market
MLSListings IDXMLS ID #ML82045480, Alex Wang. Listing provided by Rainmaker Real Estate · MLSListings Inc.
3248 Clifton CT
Sold $4,250,000
4 bd · 3.5 ba · 2,120 sqft
$2,004/sqft · +12.2% above list
Closed Jul 17, 2026 · 7 days on market
MLSListings IDXMLS ID #ML82050618, Matt Zampella. Listing provided by Christie's International Real Estate Sereno · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In June 2026, 48 homes sold in Palo Alto at an average of $4,262,751. The average sale closed at 103.5% of asking price.

48Sold (June 2026)
$4,262,751Average Sale Price
103.5%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Palo Alto, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Nearby Palo Alto Homes for Sale View All 64 →

Similar 4-Bedroom Homes in Palo Alto View All 12 →

4 bed · $4.1M-$6.9M · Active in Palo Alto

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Palo Alto Market Overview Full Stats →

$4,262,751Avg Sale Price+14.9% vs Last Year
24Avg DOM+20.0% vs Last Year
68Active Listings
103.5%Sale-to-List
$1,617Price/sqft
1.4Months Inventory
48Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · July 2026

Latest Palo Alto Insights More →

Frequently Asked Questions

Listed at $5,500,000 ($2,300/sqft). Palo Alto avg is $1,617/sqft, placing this +42.3% above. Comparable recent sales help frame the value.
Listed 10 days (as of July 9, 2026). Palo Alto average is 24 days.
Est. $34,529/mo with 20% down ($1,100,000) at 6.75%. Includes principal & interest ($28,538), property tax ($5,729), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 68 active listings in Palo Alto (12 are 4-bedroom). At $5,500,000 this is positioned against the city average of $2,893,309. Similar homes have sold at 103.5% of asking.
4-bedroom homes in Palo Alto (94301) are currently averaging $1,617 per square foot. Market activity shows homes spending an average of 24 days on market in this area.
771 Center DR in Palo Alto is currently listed at $5,500,000. This 4-bedroom, 4-bathroom single-family home is located in the CrescentPark area.

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MLSListings IDX

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of Jul 19, 2026 11:15 AM PT. 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.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.

Last updated: Jul 19, 2026 11:15 AM PT | Source: MLSListings Inc.

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