It’s time to visit Palo Alto again, and see just how much house you can get there for your dollar, or in this case, your million and a half dollars. Today’s find is courtesy of Burbed reader Wendie, thanks a ton! Or a million and a half tons. And that’s before the overbidding!
3475 MIDDLEFIELD Rd
Palo Alto, CA 94306
607 Sq. Ft.
$2,463 / Sq. Ft.
Lot Size: 0.32 Acres
On Redfin: 12 days
Property Type: Detached Single Family
Community: South Palo Alto
County: Santa Clara
Small cottage on extra large lot in the heart of Palo Alto. Wonderful and rare opportunity to build your dream! Additional opportunities include incorporating this beautiful lot into the adjoining property to create a unique family compound. Neighboring property consists of 19,768 ft. ² lot with 3,44 ft. ², 10 year new home (see MLS 81332198).
Steve Jobs bought the house next door to his, knocked it down and turned the property into an orchard. Larry Page thought buying up as many properties on his block was an even better idea. Do you see where we’re going with this? This property, along with the house for sale next door, will allow you to be a high-profile land baron in Palo Alto.
Okay, South Palo Alto. And both places list, collectively, for $4.5 million, which is an absolute bargain.
After all, if you’re going to build your dream, it’s going to cost you. And as Wendie notes, you’re paying $1.5 million for the servants’ quarters.