$4,698,000 947 Colonial LN, Palo Alto 4 bd · 3 ba · 2,159 sqft
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HomeHomes for SalePalo Alto › 947 Colonial LN
28 photos · MLS data verified August 30, 2026 · Updated every 15 min
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$4,698,000 Active
4 Beds·3 Baths·2,159 sqft·6,276 sqft lot·Built 1954
947 Colonial LN, Palo Alto, CA 94303
Listed 3 days ago · August 27, 2026  |  MLS# ML82059157
$2,176/sqft +28% vs Palo Alto avg
What this means: Priced above the Palo Alto per-sqft average. Compare to recent sales below for context.
Est. $29,533/moP&I $24,377 · Tax $4,894 · Insurance $262 · HOA $0Assumes 20% down ($939,600) 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 $5.0M
This Home $4.7M
$2.8M$7.7M
82Active in Palo Alto
13Active in 94303
25Avg DOM
$1,699Avg $/SqFt
104.1%Sale-to-List
2.3 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.
Just Listed, 3 Days on Market
Palo Alto avg is 25 days. Early showings often see the most competition.
🏠
4 Bed / 3 Bath / 2,159 sqft on 6,276 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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OPEN SUN, 2PM TO 4PM
Tour the property in person. No appointment needed.
💰
Listed at $4.7M vs City Average $3.5M
$2,176/sqft compared to Palo Alto avg $1,699/sqft (+28.1%).
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In

About This Home

Masterfully reimagined and extensively rebuilt from the studs, this 4-bedroom, 2.5-bath home features distinctive architecture and luxurious materials. Wide-plank European white oak floors, hidden baseboards, trimless doors and windows, arched elements, oversized custom insulated iron doors, and a chefs kitchen with a 13-foot waterfall island, European-style cabinetry, integrated PITT professional gas burners, premium Gaggenau and Liebherr appliances, plus a finished butlers pantry. The primary suite features an oversized two-person soaking tub, curbless linear-drain shower, smart bidet/toilet with heated seat, and a private Wi-Fi-controlled four-person dry sauna, creating a serene at-home wellness retreat. The single-story floor plan, soaring 13.6-foot main ceiling and 11-foot bedroom ceilings, clerestory windows and sculptural skylights, 5-zone heating and cooling, smart-home technology with energy-efficient LED lighting, Cat6 wiring, security, landscape lighting and irrigation, plus a private courtyard with redwood decking, ambient lighting and drought-resistant landscaping. Exceptional volume and natural light create a sense of openness and effortless everyday living. Ideally located near Greer Park, Midtown Shopping Center, California Ave, Stanford University and Caltrain.
MLSListings IDX
MLS ID #ML82059157, Lan L. Bowling. Listing provided by Keller Williams Palo Alto · MLSListings Inc.
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Property Details

Property Type
Single Family Residence
Year Built
1954
Bedrooms
4
Bathrooms
2 Full, 1 Half
Living Area
2,159 sqft
Lot Size
6,276 sqft
Garage
2 Spaces
Price/sqft
$2,176
County
SantaClara
MLS Number
ML82059157
Status
Active
Stories
N/A
HOA
None

Interior Features

Other

Exterior & Lot

Composition, Other Roof2-Car Garage0.14 Acres

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
947 Colonial LN, Palo Alto, CA 94303 · SantaClara County

Market Context

Price Positioning
$ Price context: Listed at $2,176/sqft vs Palo Alto avg $1,699/sqft (+28.1% above).
$ Sale-to-list: Palo Alto homes selling at 104.1% of asking.
Velocity: City avg 25 days. This home: 3 days.
🏠 Inventory: 20 4-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy Alston
Broker · Over 23 Years Experience

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Market Snapshot

$4,857,413Avg Sale Price+7.1% vs Last Year
25Avg DOM-16.7 days vs Last Year
82Active Listings+32.3% vs Last Year
104.1%Sale-to-List+1.0% 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 104.1% of asking in 25 days.

104.1%Sale-to-List
25Avg 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

340 Palo Alto AVE$6,300,0002bd/1ba/1,120sf
455 Grant AVE 10$1,320,0003bd/2ba/1,280sf
1545-1565 Stanford AVE$4,750,0004bd/4.5ba/2,260sf
View All Listings →

This 2,159 square foot single-family home at 947 Colonial LN in Palo Alto features 4 bedrooms and 3 bathrooms. Listed at $4,698,000, this SouthPaloAlto property reflects the current pricing trends for 4-bedroom homes in the 94303 zip code.

4-Bedroom Homes for Sale in Palo Alto 94303

Browse 4-bedroom single-family home listings in the SouthPaloAlto area of Palo Alto. Properties in 94303 are currently averaging $1,699 per square foot with 25 days on market.

What to Expect When Buying in SouthPaloAlto

The SouthPaloAlto 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 94303

4042 Orme ST
Sold $5,750,000
4 bd · 3 ba · 1,869 sqft
$3,076/sqft · +15.1% above list
Closed Aug 28, 2026 · 6 days on market
MLSListings IDXMLS ID #ML82057587, Timothy Foy. Listing provided by Midtown Realty · MLSListings Inc.
Sold $1,685,000
4 bd · 2.5 ba · 1,461 sqft
$1,153/sqft · 3.7% below list
Closed Aug 25, 2026 · 21 days on market
MLSListings IDXMLS ID #ML82052614, Gary (gang) Liu. Listing provided by Coldwell Banker Realty · MLSListings Inc.
2355 Louis RD
Sold $3,255,000
4 bd · 2 ba · 1,260 sqft
$2,583/sqft · 1.2% below list
Closed Aug 21, 2026 · 81 days on market
MLSListings IDXMLS ID #ML82046867, Tommy Derrick. Listing provided by Tommy Derrick, Broker · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In July 2026, 35 homes sold in Palo Alto at an average of $4,857,413. The average sale closed at 104.1% of asking price.

35Sold (July 2026)
$4,857,413Average Sale Price
104.1%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Palo Alto, 18 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 81 →

Similar 4-Bedroom Homes in Palo Alto View All 20 →

4 bed · $3.5M-$5.9M · Active in Palo Alto

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Palo Alto Market Overview Full Stats →

$4,857,413Avg Sale Price+7.1% vs Last Year
25Avg DOM-16.7% vs Last Year
82Active Listings
104.1%Sale-to-List
$1,699Price/sqft
2.3Months Inventory
35Closed (Last Mo)
60New Listings/Mo
Source: MLSListings Inc. · August 2026

Latest Palo Alto Insights More →

Frequently Asked Questions

Listed at $4,698,000 ($2,176/sqft). Palo Alto avg is $1,699/sqft, placing this +28.1% above. Comparable recent sales help frame the value.
Listed 3 days (as of August 27, 2026). Palo Alto average is 25 days.
Est. $29,533/mo with 20% down ($939,600) at 6.75%. Includes principal & interest ($24,377), property tax ($4,894), 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 82 active listings in Palo Alto (20 are 4-bedroom). At $4,698,000 this is positioned against the city average of $3,529,841. Similar homes have sold at 104.1% of asking.
4-bedroom homes in Palo Alto (94303) are currently averaging $1,699 per square foot. Market activity shows homes spending an average of 25 days on market in this area.
947 Colonial LN in Palo Alto is currently listed at $4,698,000. This 4-bedroom, 3-bathroom single-family home is located in the SouthPaloAlto 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 Aug 30, 2026 1:30 PM 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: Aug 30, 2026 1:30 PM PT | Source: MLSListings Inc.

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