Listed 28 days ago · April 16, 2026 | MLS# ML82043201
$1,815/sqft -4% vs Palo Alto avg
What this sale tells us: This home closed at 125% of asking after 28 days on market. Comparable Palo Alto homes today are pricing against this exact data point.
Price Position in Palo Alto
Median $2.8M
This Home $4.0M
$1.5M$6.6M
125%of List Price
28Days on Market
$2,269Per Sqft
$5,000,000Sold May 14, 2026
70Active in Palo Alto
10Active in 94303
29Avg DOM
$1,899Avg $/SqFt
104.5%Sale-to-List
1.2 moInventory
59Closed Last 90 Days
104.5%Sale-to-List (City)
29Avg Days on Market
Most sellers left money on the table.
59 homes closed in Palo Alto in the past 90 days. The ones who priced from data, not from instinct, closed faster and netted more.
What would happen to your plans if the market shifted before you had the numbers?
"The sellers who leave the most money on the table are not the ones who price wrong. They are the ones who did not know what the right price was before they started. That is the gap I close. What would change if you knew the number first?"
This updated, traditional home is situated on a large lot conveniently located nearby Duveneck Elementary school, Eleanor Pardee Park, Rinconada Park, the library, downtown Palo Alto, commute routes and many top Silicon Valley employers. Gracefully updated and expanded, the bright, spacious floor plan offers flexibility and modern comforts while retaining period charm. The formal entry leads to a bright living room with wood burning fireplace and parquet hardwood floors. The updated kitchen offers new stainless steel appliances, quartz countertops, breakfast bar, pantry with pull-outs all open to a large dining room. The dining room flows to the back patio via a glass French doorperfect for entertaining. Five bedrooms and three bathrooms including a second floor primary with walk-in closet and office alcove are more than sufficient for the modern lifestyle. A huge, sunlit back garden awaits your finishing touches. Freshly refinished hardwood floors, new carpet, new light fixtures, new roof, fresh paint, recessed lighting and two car attached garage complete this move-in condition home. Remodel, expand or build new on this wide, well located lot. Top rated Palo Alto schools.
Listing courtesy of Golden Gate Sotheby's International Realty · Omar M. Kinaan MLS# ML82043201 · Data from MLSListings Inc.
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Property Details
Property Type
Single Family Residence
Year Built
1950
Bedrooms
5
Bathrooms
3 Full
Living Area
2,203 sqft
Lot Size
7,200 sqft
Garage
2 Spaces
Price/sqft
$1,815
County
SantaClara
MLS Number
ML82043201
Status
Closed
Stories
N/A
HOA
None
Interior Features
CentralForcedAir_Gas
Exterior & Lot
Composition, Shingle Roof2-Car Garage0.17 Acres
Location
This HomeActivePendingSold
1581 Dana AVE, Palo Alto, CA 94303 · SantaClara County
Market Context
Price Positioning
$Price context: Listed at $1,815/sqft vs Palo Alto avg $1,899/sqft (4.4% below).
$Sale-to-list: Palo Alto homes selling at 104.5% of asking.
⏲Velocity: City avg 29 days. This home: 28 days.
🏠Inventory:14 5-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Recently Sold Comp · Updated every 15 min
Timothy Alston
Broker · 15 years in Palo Alto
What happens to your equity if the market shifts before you act?
This home sold at 125% of asking in 28 days. Your home could be next, if you have the right number.
"Timothy showed us a home 4 hours after it hit the MLS. We toured that evening, offered by 9pm, and were in contract by Friday. Two other offers came in Saturday morning."
Listed at $3,999,888 ($1,815/sqft). Palo Alto avg is $1,899/sqft, placing this 4.4% below. Comparable recent sales help frame the value.
Listed 28 days (as of April 16, 2026). Palo Alto average is 29 days.
Est. $25,183/mo with 20% down ($799,978) at 6.75%. Includes principal & interest ($20,755), property tax ($4,167), and insurance ($262). HOA: None.
There are 70 active listings in Palo Alto (14 are 5-bedroom). At $3,999,888 this is positioned against the city median of $2,849,000. Similar homes have sold at 104.5% of asking.
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 the date shown. 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: May 14, 2026 at 10:38 PM PT | Data reflects May 2026 MLS statistics
Aegis Luxury Real Estate
Timothy Alston · Broker · DRE #01328224 10080 N. Wolfe Rd, Ste SW3-200 · Cupertino, CA 95014 (408) 207-4593 · Timothy@AegisHomesRE.com
1581 Dana AVESold $5,000,0005 bd · 3 ba · 2,203 sqft
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