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32 photos · MLS data verified October 9, 2026 · Updated every 15 min
$3,249,000 Active
3 Beds·2 Baths·1,329 sqft·5,750 sqft lot·Built 1929
433 Monroe Dr, Palo Alto, CA 94306
Listed 50 days ago ·  |  MLS# ML82058408
$2,444/sqft +13.5% vs Palo Alto single family home median ($2,154/sqft, 2026)

433 Monroe Dr is a single-level, 3-bedroom, 2-bath single family home in Palo Alto 94306 with 1,329 square feet of living space, built in 1929. It is listed at $3,249,000, or $2,444 per square foot. The 2026 median sale price for a Palo Alto single family home is $4.17M, and the most recent 3-bedroom sales in 94306 closed between $3,601,000 and $4,800,000 ($2,676 to $3,530 per square foot).

Est. $20,505/moP&I $16,858 · Tax $3,384 · Insurance $262 · HOA $0Assumes 20% down ($649,800) 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 a 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.
Single Family Price Position in Palo Alto
2026 median sale $4.17M
This Home $3.2M
$2.7M$7.8M
62Active in Palo Alto
34Active Single Family Homes
9Median DOM, Sep
$2,000Median $/SqFt, 2026
107.8%Sale-to-List, Sep
1.3 moInventory
For HomeownersOwn a home in Palo Alto? Palo Alto homes sold at 107.8% of list price in a median of 9 days in September 2026.See What Yours Would Sell For →

Why This Home Stands Out

🏠
Single Level, 3 Bed / 2 Bath, 1,329 sqft
Everything on one floor. Built in 1929, 2-car garage.
💰
$3,249,000, Below the 2026 Palo Alto Single Family Median of $4.17M
$2,444/sqft against a 2026 Palo Alto single family home median of $2,154/sqft (13.5% above).
Best fit forActive BuyersPalo Alto SearchersMove-Up / Move-In

About 433 Monroe Dr

Beautifully remodeled with permits, this 3-bedroom, 2-bath Palo Alto home blends sophisticated contemporary design, abundant natural light, and seamless indoor-outdoor living. The inviting living room features wide-plank flooring and a sleek modern fireplace, while the beautifully redesigned kitchen offers white cabinetry, quartz countertops, stainless steel appliances, generous storage, and an adjoining dining area opening directly to the rear deck. Three light-filled bedrooms and two stylishly remodeled bathrooms feature clean, contemporary finishes, with the spacious primary bedroom also offering direct deck access. A private backyard and expansive entertaining deck create an ideal setting for outdoor dining, gatherings, and relaxation. Ideally located in Palo Alto, with easy access to Stanford University, Downtown Palo Alto, Downtown Los Altos, and Mountain View's vibrant Castro Street. Enjoy nearby San Antonio Center, parks, shopping, dining, and Caltrain, along with convenient connections to Highways 101 and 280 and major Silicon Valley employers. Top-rated local schools further enhance this exceptional location, completing an outstanding combination of contemporary design, indoor-outdoor living, and the best of Silicon Valley.
MLSListings IDX
MLS ID #ML82058408, Frank Ruan. Listing provided by Stanford Professional Realty Inc · MLSListings Inc.
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Property Details for 433 Monroe Dr

Overview

Property Type
Single Family Residence
Year Built
1929
Stories
1
Bedrooms
3
Bathrooms
2 Full
Living Area
1,329 sqft
Lot Size
5,750 sqft (0.13 acres)
Price/sqft
$2,444
Status
Active

Interior

Kitchen
Dining area
Fireplace
Insert, Living room
Heating
Central forced air, Central forced air, gas
Cooling
Central AC
Family Room
None

Exterior and Parking

Garage
Garage, 2 spaces
Roof
Composition
Foundation
Concrete perimeter, Raised
Zoning
R1 b8

Community and HOA

Utilities
Public, Water public
County
Santa Clara
City
Palo Alto
ZIP Code
94306

Schools

School District
Los Altos Elementary
Palo Alto Schools
View Palo Alto schools

Listing

MLS Number
ML82058408
Listed
August 20, 2026
Days on Market
50
Listing Agent
Frank Ruan
Listing Brokerage
Stanford Professional Realty Inc
Data Verified
October 9, 2026

Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
433 Monroe Dr, Palo Alto, CA 94306 · Santa Clara County

Market Context

Price Positioning
$ Price context: Listed at $2,444/sqft vs a 2026 Palo Alto single family home median of $2,154/sqft (13.5% above).
$ Sale-to-list: Palo Alto sales closed at 107.8% of list price in September 2026.
⏲ Velocity: City median 9 days (September 2026). This home: 50 days.
🏠 Inventory: 15 3-bedroom homes and 34 single family homes currently active 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.
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Frequently Asked Questions

Listed at $3,249,000 ($2,444/sqft). The 2026 median for a Palo Alto single family home is $2,154/sqft, which puts this home 13.5% above it. The most recent 3-bedroom sales in 94306 closed at $2,676 to $3,530 per sqft.
Listed August 20, 2026. That is 50 days on market as of October 9, 2026. The Palo Alto median was 9 days on market in September 2026.
Est. $20,505/mo with 20% down ($649,800) at 6.75%. That is principal and interest $16,858, property tax $3,384 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 62 active listings in Palo Alto: 15 are 3-bedroom and 34 are single family homes. At $3,249,000 this home is below the 2026 Palo Alto single family home median sale price of $4.17M. Palo Alto sales closed at 107.8% of list price in September 2026.
The most recent 3-bedroom sales in Palo Alto 94306 closed at $3,601,000 and $4,800,000, or $2,676 to $3,530 per sqft. Across all property types, the 2026 Palo Alto median is $2,000 per sqft, and the September median was 9 days on market.
Yes. As of October 9, 2026, 433 Monroe Dr is an active listing at $3,249,000. It is a 3-bedroom, 2-bath single family home.
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Timothy Alston, Broker
Timothy Alston
Broker · DRE# 01328224 · Over 23 Years Experience

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Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]

Free Palo Alto Reports

October 2026. Built on the same live MLS data Timothy uses with clients.

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Market Snapshot

$3.61MMedian Sale Price, Sep-8.1% vs Last Year
9Median DOM, Sep+1 days vs Last Year
62Active Listings-47.0% vs Last Year
107.8%Sale-to-List, Sep+2.6% vs Last Year
Full Market Snapshot →
For Homeowners

What would your Palo Alto home sell for today?

Palo Alto homes sold at 107.8% of list price in a median of 9 days in September 2026.

107.8%Sale-to-List, Sep
9Median Days, Sep
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Schools in Palo Alto

Aegis School Excellence Index

10

El Carmelo Elementary

Palo Alto Unified SD · K-5

10

Ellen Fletcher Middle

Palo Alto Unified SD · 6-8

10

Henry M. Gunn High School

Palo Alto Unified SD · 9-12

School information is for general reference only. Contact districts directly for enrollment and boundary info.

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Recently Sold in Palo Alto

Closed within 6 months · 3 bed / similar sqft · Palo Alto 94306

337 Tennyson Ave
Sold $7,700,000
3 bd · 2.5 ba · 2,388 sqft
$3,224/sqft
Closed Oct 09, 2026 · 12 days on market
MLSListings IDXMLS ID #ML82061622, Leannah and Laurel. Listing provided by Christie's International Real Estate Sereno · MLSListings Inc.
872 Waverley St
Sold $4,580,000
3 bd · 3.5 ba · 2,385 sqft
$1,920/sqft
Closed Oct 05, 2026 · 13 days on market
MLSListings IDXMLS ID #ML82060684, The Dreyfus Group. Listing provided by Golden Gate Sotheby's International Realty · MLSListings Inc.
2260 Williams St
Sold $3,601,000
3 bd · 1 ba · 1,020 sqft
$3,530/sqft
Closed Oct 02, 2026 · 8 days on market
MLSListings IDXMLS ID #ML82060504, DeLeon Team. Listing provided by Deleon Realty · MLSListings Inc.
Source: MLSListings Inc. Closed sales data.
For Homeowners

Your neighbors are selling. Should you?

In September 2026, 48 homes sold in Palo Alto at a median sale price of $3.61M, and sales closed at 107.8% of list price.

48Sold (September 2026)
$3.61MMedian Sale Price
107.8%Sale-to-List (September 2026)
Timothy Alston, Broker
What happens when the right home lists and nobody knows you are looking for it?
In Palo Alto, 14 new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
Get Alerts for Palo Alto Homes Like This →
Buyers

See 433 Monroe Dr before the weekend

Listed 50 days ago. Half of Palo Alto's September sales sold within 9 days on market, so early showings see the most competition.

Sellers

What would your Palo Alto home sell for?

48 homes sold in Palo Alto in September 2026 at a median sale price of $3.61M and 107.8% of list price.

Get My Home's Value →
Questions

Talk to Timothy directly

Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.

Call (408) 207-4593

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MLSListings IDX

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

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 Oct 9, 2026 3:00 PM 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: Oct 9, 2026 3:00 PM PT | Source: MLSListings Inc.

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