Opportunities abound in this 2,316sf Professorville home! Built in 1900 in one of Palo Alto's most desirable neighborhoods, its plaster walls gracefully transition into the high coved ceilings throughout the ground level. Built-in cabinetry and vintage trim convey the grace of years gone by, while the floorplan is conducive to a large kitchen and large primary suite. The current 3 bedroom, 2 bath, 2 fireplace layout is an invitation to your creative genius to unlock value.
Developer highlights include -- The property's FAR is a whopping 2,745sf, far in excess of today's allowance of 2,070 -- Options to add a basement, ADU, and JADU mean over 4,000sf is possible -- Great foundation, great stucco, recently replaced roof, gutters & downsprouts -- Not historic per City of Palo Alto -- Not in Professorville Historic District -- Not in the flood zone.
Situated on a quiet residential street, just blocks from downtown shops and restaurants, and mere houses away from the highly regarded Addison Elementary, this location allows easy access to Stanford University, Silicon Valley employers, and award-winning Palo Alto schools.
Pending
$3,000,000
566 Addison Ave, Palo Alto, CA 94301
3beds
2,316sqft
Est.:
Single Family Residence, Residential
Built in 1900
4,600 Square Feet Lot
$3,356,900 Zestimate®
$1,295/sqft
$-- HOA
What's special
Vintage trimQuiet residential streetGutters and downsproutsRecently replaced roofBuilt-in cabinetryGreat stuccoGreat foundation
- 9 days |
- 2,690 |
- 97 |
Zillow last checked: 8 hours ago
Listing updated: December 11, 2025 at 03:51am
Listed by:
Young Platinum Group 70010130 650-862-2122,
Golden Gate Sotheby's International Realty 650-847-1141
Source: MLSListings Inc,MLS#: ML82026149
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Basement, Laundry, Office
Bedroom
- Features: WalkinCloset, BedroomonGroundFloor2plus
Bathroom
- Features: Tub, FullonGroundFloor
Dining room
- Features: FormalDiningRoom
Family room
- Features: SeparateFamilyRoom
Heating
- Central Forced Air Gas
Cooling
- None
Appliances
- Included: Freezer, Gas Oven, Oven/Range, Refrigerator, Washer
Features
- Flooring: Carpet, Vinyl Linoleum, Wood
- Basement: Unfinished
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 2,316
- Total interior livable area: 2,316 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, On Street
- Garage spaces: 2
Features
- Stories: 2
- Exterior features: Back Yard, Fenced
- Pool features: None
Lot
- Size: 4,600 Square Feet
- Features: Level
Details
- Additional structures: Garage
- Parcel number: 12006007
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Concrete Perimeter, Slab, Crawl Space
- Roof: Composition, Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $1,295/sqft
- Tax assessed value: $406,210
- Annual tax amount: $5,711
- Date on market: 12/3/2025
- Listing agreement: ExclusiveRightToSell
Estimated market value
$3,356,900
$3.16M - $3.59M
$7,139/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2025 | Pending sale | $3,000,000$1,295/sqft |
Source:  MLSListings Inc #ML82026149 Report a problem | ||
| 12/3/2025 | Listed for sale | $3,000,000$1,295/sqft |
Source: MLSListings Inc #ML82026149 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,711 +1.6% | $406,210 +2% |
| 2023 | $5,621 +1.3% | $398,246 +2% |
| 2022 | $5,547 +2.1% | $390,438 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$19,175/mo
Principal & interest
$15100
Property taxes
$3025
Home insurance
$1050
Climate risks
Neighborhood: Professorville
Nearby schools
GreatSchools rating
- 8/10Addison Elementary SchoolGrades: K-5Distance: 0.1 mi
- 8/10Frank S. Greene Jr. MiddleGrades: 6-8Distance: 1 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: AddisonElementary
- Middle: DavidStarrJordanMiddle_1
- High: PaloAltoHigh
- District: PaloAltoUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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