Listing Agent: Jennifer Buenrostro Broker/Office: Compass
251 Middlefield Road Palo Alto CA 94301
$ 5,980,000
11
| 9 Full 1 Half
| 6084 Sq Feet
Listing ID
#ML82067408
Status
Active
County
Santa Clara
Year Built
1915
Days on website
1
Description
This distinctive Palo Alto property offers a rare combination of luxury residential accommodations, substantial finished bonus space, and flexibility for a variety of investment and owner-user strategies. Featuring seven luxury residences, from a studio to an expansive three-bedroom-plus-office penthouse, the property offers 6,000+ SF of residential space plus 3,000+ SF of finished basement bonus space. Renovated in 2019 with upscale kitchens, baths, and finishes throughout, the property currently operates with Blueground, offering established furnished housing and corporate rental potential. The finished basement, complete with kitchen and bathroom, provides flexibility for potential office use, collaborative workspace, or recreation. The unique configuration appeals to multifamily investors, corporate housing operators, technology companies seeking employee accommodations and workspace, and owner-users combining residential and business uses.
Financial Information
List Price:
$ 5980000
Property Features
Appliances:
Dishwasher, Refrigerator
Construction Materials:
Stucco
Direction Faces:
Southwest
Flooring:
Tile
High School:
Palo Alto
High School District:
Palo Alto Unified
Middle Or Junior School:
Other
Roof:
Composition
Water Source:
Public
High School:
Palo Alto
High School District:
Palo Alto Unified
Middle Or Junior School:
Other
MLS Area Major:
699 - Not Defined
City:
Palo Alto
Listed By:
Jennifer Buenrostro
Compass
Co-listed by Bryan Danforth
CA Lic#
Co-listed by Bryan Danforth
CA Lic#