One Million Price Improvement!! This distinguished home, crafted almost a century ago, is now available for the first time in generations. This one-of-a-kind property reveals boundless opportunities to remodel, expand or build a true Silicon Valley estate that stands apart. Surrounded by vast estates, this immense property is exquisitely located within blocks of Stanford University, exciting Downtown Palo Alto, pristine parks, top shopping, fine dining, and exceptional schools. Take advantage of a once-in-a-lifetime opportunity to make this absolutely impeccable location into your home.
Property Details
Property Features
Property Information:
Year Built: 1926
Stories: 2
Living Area: 2,879 SqFt
Listing Office:
Office Name: Compass
Office Phone: (650) 323-1111
Listing Agent: Xin Jiang
Interior Features
Interior Information:
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 2
Total Bedroom Count: 4
Exterior Features
Parking Information:
Garage Space: 2 spaces
Attached Garage: No
Lot Features
Lot Information:
Lot Size: 0.34 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: Cross Street: Waverley
Price Information
Listing Price Info
Price Summary:
List Price: $7,850,000
Price Per SqFt: $2,727/SqFt
Tax Information:
Annual Amount: $1,254
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Palo Alto, CA.
This property is $4.4M more than the Median Sold Price and $943/SqFt more than other homes in Palo Alto, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81976371
Listing Office:
Office Name: Compass
Office Phone: (650) 323-1111
Listing Agent: Xin Jiang
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/21/2024, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,254
$169,849
2020
$1,254
$168,109
2019
$1,258
$164,814
2018
$1,258
$161,583
2017
$1,251
$158,415
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Addison Elementary School
650 Addison Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-5
8
/10
Walter Hays Elementary School
1525 Midfield Rd
Distance between this listing and this school0.38 miles
Public District Grades KG-5
8
/10
Duveneck Elementary School
705 Alester Ave
Distance between this listing and this school1.04 miles
Public District Grades KG-5
Nearby Schools
8
/10
Frank S. Greene Jr Middle School
750 N CA Ave
Distance between this listing and this school0.84 miles
Public District Grades 6-8
3
/10
Kipp Valiant Community Preparatory
2086 Clarke Ave
Distance between this listing and this school1.54 miles
Public Charter Grades KG-8
2
/10
Aspire East Palo Alto Charter
1286 Runnymede St
Distance between this listing and this school2.22 miles
Public Charter Grades KG-8
Nearby Schools
9
/10
Palo Alto High School
50 Embarcadero Rd
Distance between this listing and this school0.46 miles
Public District Grades 9-12
3
/10
East Palo Alto Academy
1050 Myrtle St
Distance between this listing and this school1.80 miles
Public Charter Grades 9-12
6
/10
Oxford Day Academy
1001 Beech St
Distance between this listing and this school1.94 miles
The neighbors living near this home have an average income of $205,906. The majority of Palo Alto, CA residents have income $200k+ annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 440 Melville Ave
What is the listing price of this property?
The listing price of 440 Melville Ave property is $7,850,000.
What type of property is this?
The property 440 Melville Ave is a house located in Palo Alto, California, 94301.
Is this property for sale now?
Active Listing: 440 Melville Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,254 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 440 Melville Ave has 4 bedrooms and 2 full and 2 half bathrooms.
What is the square footage of this property?
The property 440 Melville Ave is 2,879 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 440 Melville Ave is 1926.
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This home is located at 440 Melville Ave in Palo Alto, CA and zip code 94301 in the Professorville neighborhood. This 2,879 square foot home, which was built in 1926, sits on a 0.34 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $7,850,000.
In November 2024, from all listings sold in Palo Alto, CA there were more than 24 sold above asking price, over 8 sold below and more than 2 were sold right at the asked price. The inventory of homes for sale in Palo Alto, CA between October 2024 and November 2024 decreased by 31.9%. The median list price of listings available in November 2024 was $3,353,250, while the average time on the real estate market was 28 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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