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Real Estate

Location, Location, Location! Teardown: $6.5 Million

Need proof that the Palo Alto housing market has heated up?


It’s not enough to live in Palo Alto—homebuyers want to live in specific neighborhoods. A home in Old Palo Alto has gone on the market and it’s being advertised as a tear-down or a remodel. Asking price: $6.5 million.

It's a simple, middle class home built in the mid-1930s and boasts four bedrooms, 3.5 bathrooms, hardwood floors, some linoleum or vinyl floors, and a one car garage.

The home is situated on a large lot, which the real estate agent suggests could be subdivided, although it’s up to the buyer to confirm that possibility with the city.

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The home is located at 1935 Webster St. An Open House will be held this Saturday and Sunday, Feb. 9 - 10, 1:30-4:30. The home is represented by Alan B. Loveless of Coldwell Banker, (650) 400-4208.

 

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