Listed 158 days ago · February 26, 2026 | MLS# ML82036330
$2,437/sqft +46% vs Palo Alto avg
What this means: Priced above the Palo Alto per-sqft average. Compare to recent sales below for context.
Est. $17,072/moP&I $13,999 · Tax $2,810 · Insurance $262 · HOA $0Assumes 20% down ($539,600) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Palo Alto, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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3 Bed / 2 Bath / 1,107 sqft on 5,600 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $2.7M vs City Average $3.3M
$2,437/sqft compared to Palo Alto avg $1,667/sqft (+46.2%).
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In
About This Home
We are very pleased to present a truly unique residential compound that redefines the standard for flexible living in Palo Alto. The property features a 3-bedroom / 2-bathroom main residence, which has been walled off to create a 2-bedroom / 1-bathroom, and an attached 1-bedroom / 1-bathroom with it's own entrance. This is complemented by two additional detached structures. This rare configuration offers a level of versatility seldom found in the local market, making it an ideal acquisition for buyers looking to maximize both utility and long-term property value.
The property's primary appeal lies in its versatility. The two auxiliary structures provide a turnkey solution for a variety of modern living needs, whether you are hosting a multigenerational family or seeking consistent rental income in a high-demand zip code. The ability to separate work, guest, and living spaces within a single lot offers a level of privacy and adaptability that is increasingly essential for the Silicon Valley lifestyle. This is more than a home; it is a strategic asset in one of the worlds most resilient real estate markets. By combining a prime location with a high-density, multi-unit layout, this property represents a premier opportunity for the discerning investor or homeowner.
MLS ID #ML82036330, Ryan Eltherington. Listing provided by Midtown Realty · MLSListings Inc.
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Property Details
Property Type
Single Family Residence
Year Built
1923
Bedrooms
3
Bathrooms
2 Full
Living Area
1,107 sqft
Lot Size
5,600 sqft
Garage
N/A
Price/sqft
$2,437
County
SantaClara
MLS Number
ML82036330
Status
Active
Stories
N/A
HOA
None
Interior Features
CentralForcedAir_Gas
Exterior & Lot
Composition, Shingle Roof0.13 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
1111 Alma ST, Palo Alto, CA 94301 · SantaClara County
Market Context
Price Positioning
$Price context: Listed at $2,437/sqft vs Palo Alto avg $1,667/sqft (+46.2% above).
$Sale-to-list: Palo Alto homes selling at 104.1% of asking.
⏲Velocity: City avg 25 days. This home: 158 days.
🏠Inventory:16 3-bedroom homes currently available in Palo Alto.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Buyers and sellers researching Professorville in Palo Alto will find 1111 Alma ST to be a strong reference point. Listed at $2,698,000, this 3-bed, 2-bath home sits in a market where comparable properties average $1,667 per square foot. Homes in Palo Alto (94301) are currently averaging 25 days on market.
3-Bedroom Homes for Sale in Palo Alto 94301
Browse 3-bedroom single-family home listings in the Professorville area of Palo Alto. Properties in 94301 are currently averaging $1,667 per square foot with 25 days on market.
What to Expect When Buying in Professorville
The Professorville market in Palo Alto features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.
Listed at $2,698,000 ($2,437/sqft). Palo Alto avg is $1,667/sqft, placing this +46.2% above. Comparable recent sales help frame the value.
Listed 158 days (as of February 26, 2026). Palo Alto average is 25 days.
Est. $17,072/mo with 20% down ($539,600) at 6.75%. Includes principal & interest ($13,999), property tax ($2,810), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 64 active listings in Palo Alto (16 are 3-bedroom). At $2,698,000 this is positioned against the city average of $3,325,765. Similar homes have sold at 104.1% of asking.
3-bedroom homes in Palo Alto (94301) are currently averaging $1,667 per square foot. Market activity shows homes spending an average of 25 days on market in this area.
1111 Alma ST in Palo Alto is currently listed at $2,698,000. This 3-bedroom, 2-bathroom single-family home is located in the Professorville area.
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 Aug 3, 2026 11:15 AM PT. 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: Aug 3, 2026 11:15 AM PT | Source: MLSListings Inc.
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