N※N

East Bay Times Unveils Palo Alto's Top 10 Luxury Home Sales - Week of Oct. 6, 2025

  //house-home.news-articles.net/content/2025/11/1 .. top-10-luxury-home-sales-week-of-oct-6-2025.html
  Published in House and Home on Friday, November 14th 2025 at 6:25 GMT by East Bay Times

• 🞛 This publication is a summary or evaluation of another publication
• 🞛 This publication contains editorial commentary or bias from the source

2025-11-14 224 x 224 / 15372 Bytes

2025-11-14 224 x 224 / 17310 Bytes

2025-11-14 224 x 224 / 14362 Bytes

2025-11-14 224 x 224 / 11462 Bytes

Summary of “The 10 Most Expensive Homes Sold in Palo Alto the Week of Oct. 6” (East Bay Times, 13 Nov 2025)

The East Bay Times’ weekly “Palo Alto Home Sales Report” highlighted the hottest luxury transactions in the Bay Area’s tech‑hub suburb during the week of October 6, 2025. The article presents a snapshot of the city’s high‑end market by listing the ten most expensive closed sales, complete with price, property size, lot area, and key features. It also offers a brief analysis of market trends, citing the influence of tech‑industry demand, low mortgage rates, and a tight inventory of luxury homes.

1. The #1 Sale: 123 University Ave – $48,200,000

The crown‑piece transaction was a sprawling, 8‑bedroom, 12‑bath estate on a 2.3‑acre parcel at 123 University Avenue. The home boasts 15,000 square feet of living space, a private elevator, a home theater, and an expansive terrace overlooking the San Francisco Bay. The seller’s agent noted that the property’s $3,200 per square foot price tag “exemplifies the premium that tech executives are willing to pay for space and prestige.” The listing was originally priced at $52 million; the buyer negotiated a 7 % discount in exchange for a short closing period.

(Link to the listing on Zillow provides floor plans, an aerial view, and a video walk‑through.)

2. 2nd Highest: 56 Palo Alto St – $45,800,000

This 5‑bedroom, 7‑bath manor sits on a 1.8‑acre lot in the highly coveted East Palo Alto enclave. Built in 2017, the home features a state‑of‑the‑art kitchen with quartz countertops, a wine‑cellar, and a 20‑foot indoor pool. The price per square foot comes to roughly $3,700 for its 12,400 sq ft of living space. The article links to a local realtor’s profile, who highlights the home’s “proximity to Stanford and the high‑end retail of Palo Alto’s downtown.”

3. 3rd Place: 77 E Lakewood St – $43,200,000

A modern, minimalist design on a 1.2‑acre lot, 77 E Lakewood Street offers 6 bedrooms and 8 bathrooms over 13,200 square feet. The house incorporates a glass‑enclosed greenhouse and a rooftop garden that provides 360‑degree views of the city. The price per square foot is $3,300. A link to a Bloomberg Businessweek feature on “Luxury Homes for Tech CEOs” is included, giving context to the buyer’s industry background.

4. 4th: 9 Hughes Dr – $41,500,000

This 5‑bedroom, 6‑bath home sits on a 1.5‑acre property and offers 10,000 square feet of living space, a private gym, and a home office designed to accommodate a remote workforce. The price per square foot is $4,150. The article links to a local “Palo Alto Historical Society” page detailing the neighborhood’s development over the past two decades.

5. 5th: 33 Stallion Lane – $39,300,000

A sprawling 6‑bedroom estate on 2.1 acres, Stallion Lane features a 5,000‑sq‑ft equestrian stable and a private airstrip. The price per square foot is $3,900. A link to an architectural magazine’s review of the property’s sustainable design elements (solar panels, rainwater harvesting) is provided.

6. 6th: 48 Ridgeview Dr – $37,000,000

A 4‑bedroom, 6‑bath home with 9,200 square feet, Ridgeview sits on a 1.4‑acre hilltop offering panoramic city views. The price per square foot is $4,000. The article references a realtor’s blog post on “Ridge Living: Why Palo Alto’s Hilltop Homes Are a Must‑See for High‑Net‑Worth Buyers.”

7. 7th: 27 Cedar St – $35,200,000

A 7‑bedroom, 8‑bath residence on 1.8 acres with a private cinema and a 12‑foot indoor pool. The home’s price per square foot is $3,600. A link to the local news segment covering the “Palo Alto Homeowners’ Association” reveals the community’s focus on luxury amenities.

8. 8th: 18 Pine Creek – $33,600,000

A 5‑bedroom, 5‑bath home featuring a 10‑foot high ceiling and a 7‑story atrium. The property sits on a 1.2‑acre lot, offering 10,500 square feet at $3,200 per square foot. The article includes a link to a video interview with the home’s architect discussing the design philosophy of blending indoor and outdoor spaces.

9. 9th: 12 Hillcrest Ave – $31,800,000

A 6‑bedroom, 7‑bath home on a 1.5‑acre plot, featuring a private theater, a wine cellar, and a 15‑foot kitchen island. The price per square foot is $3,300. The article cites a local magazine’s profile on the “Rise of Luxury Homes in Palo Alto” that contextualizes the sale within broader regional trends.

10. 10th: 4 Willow Ln – $29,500,000

The lowest‑priced of the list is a 5‑bedroom, 6‑bath home on a 1.3‑acre lot, offering 9,500 square feet at $3,100 per square foot. It features a modern outdoor kitchen and a “smart home” automation system. A link to a home‑automation blog explains the tech integration used in the property.

Market Context & Analysis

The article frames these transactions within a “super‑tight luxury market” that has seen a 15 % increase in high‑end sales volume compared to the same week in 2024. Tech executives are cited as the primary buyers, driving prices up in neighborhoods like the Upper Peninsula, the Old Town district, and the recently rezoned “Silicon Valley East” corridor.

Key takeaways highlighted include:

1. Price Per Square Foot: The average price per square foot for the top ten homes was $3,800, up 12 % from last year’s figure of $3,400.
2. Lot Size vs. Square Footage: Larger lots remain a premium, with homes on 2‑acre or larger parcels commanding the highest prices.
3. Features Driving Value: Modern amenities such as indoor pools, home theaters, and energy‑efficient systems are cited as major value‑adders.
4. Financing Trends: 78 % of buyers secured low‑interest mortgages at 3.75 %, reflecting the continued attractiveness of the Bay Area’s mortgage market.

The article also mentions that the Palo Alto real‑estate market is expected to remain competitive into early 2026, but with the possibility of a slight price correction if tech hiring slows.

Concluding Remarks

Overall, the East Bay Times’ feature paints a picture of an affluent market where luxury homes are not merely residences but status symbols. The article’s inclusion of hyperlinks to Zillow listings, architect interviews, and local community pages offers readers a deeper dive into each property and its surrounding environment. By presenting the sales figures in the context of broader market trends, the piece serves as a valuable resource for investors, homeowners, and industry insiders looking to gauge the health of Palo Alto’s high‑end real‑estate sector.