FLAT, SUNNY ACRE TWO BLOCKS FROM GUNN HIGH. HOUSE AND POOL SIT ON HALF OF ACRE REMAINING HALF ACRE PERMITTED FOR COTTAGE, TENNIS COURT, HORSES, AGRICULTURE FRANK LLOYD WRIGHT INSPIRED HOME WITH WALLS OF GLASS, DOORS EXIT EACH ROOM
Single-familyProperty Type
2011Year Built
1 acresLot Size
$1,488Est. Price/Sq.Ft.
Listed by Linda W Hollister•DRE #00362367• Coldwell Banker Realty
Bought with Non- MLS• NON MULTIPLE LISTING OFFICE
Source:MLSListings #ML80255419
Redfin Estimate
$7,488,783
$2.0M since sold in June 2026$795K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 36% higher than the average sale price ($5.51M) of 6 comparable homes.
FLAT, SUNNY ACRE TWO BLOCKS FROM GUNN HIGH. HOUSE AND POOL SIT ON HALF OF ACRE REMAINING HALF ACRE PERMITTED FOR COTTAGE, TENNIS COURT, HORSES, AGRICULTURE FRANK LLOYD WRIGHT INSPIRED HOME WITH WALLS OF GLASS, DOORS EXIT EACH ROOM
Year
Property tax
Land + Additions
Assessment*
2025
$50,914 (+4.3%)
$2,659,145 + $1,659,118
$4,318,263
2024
$48,794 (+1.5%)
$2,607,005 + $1,626,587
$4,233,592
2023
$48,083 (−0.6%)
$2,555,888 + $1,594,694
$4,150,582
2022
$48,391 (+2.0%)
$2,505,773 + $1,563,426
$4,069,199
2021
$47,438 (+2.1%)
$2,456,641 + $1,532,771
$3,989,412
2020
$46,446 (+1.1%)
$2,408,472 + $1,502,717
$3,911,189
2019
$45,937 (+2.9%)
$2,383,777 + $1,487,309
$3,871,086
2018
$44,661 (+1.8%)
$2,337,037 + $1,458,147
$3,795,184
2017
$43,877 (+2.7%)
$2,246,288 + $1,401,526
$3,647,814
2016
$42,730 (+1.0%)
$2,246,288 + $1,401,526
$3,647,814
2015
$42,319 (+1.9%)
$2,202,244 + $1,374,046
$3,576,290
2014
$41,530 (+2.1%)
$2,126,675 + $1,326,896
$3,453,571
2012
$40,687 (+41.8%)
$2,117,064 + $1,320,900
$3,437,964
2011
$28,703 (−2.0%)
$2,075,553 + $1,295,000
$3,370,553
2010
$29,299 (+1.4%)
$2,034,856 + $426,650
$2,461,506
2009
$28,904 (+2,337.8%)
$2,019,649 + $474,890
$2,494,539
2008
$1,186
$1,984,752 + $466,686
$2,451,438
Tax history for 4135 Old Trace Rd
Year
Property tax
Land + Additions
Assessment*
2025
$50,914 (+4.3%)
$2,659,145 + $1,659,118
$4,318,263
2024
$48,794 (+1.5%)
$2,607,005 + $1,626,587
$4,233,592
2023
$48,083 (−0.6%)
$2,555,888 + $1,594,694
$4,150,582
2022
$48,391 (+2.0%)
$2,505,773 + $1,563,426
$4,069,199
2021
$47,438 (+2.1%)
$2,456,641 + $1,532,771
$3,989,412
2020
$46,446 (+1.1%)
$2,408,472 + $1,502,717
$3,911,189
2019
$45,937 (+2.9%)
$2,383,777 + $1,487,309
$3,871,086
2018
$44,661 (+1.8%)
$2,337,037 + $1,458,147
$3,795,184
2017
$43,877 (+2.7%)
$2,246,288 + $1,401,526
$3,647,814
2016
$42,730 (+1.0%)
$2,246,288 + $1,401,526
$3,647,814
2015
$42,319 (+1.9%)
$2,202,244 + $1,374,046
$3,576,290
2014
$41,530 (+2.1%)
$2,126,675 + $1,326,896
$3,453,571
2012
$40,687 (+41.8%)
$2,117,064 + $1,320,900
$3,437,964
2011
$28,703 (−2.0%)
$2,075,553 + $1,295,000
$3,370,553
2010
$29,299 (+1.4%)
$2,034,856 + $426,650
$2,461,506
2009
$28,904 (+2,337.8%)
$2,019,649 + $474,890
$2,494,539
2008
$1,186
$1,984,752 + $466,686
$2,451,438
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RE
Residential Estate District
The RE residential estate district is intended to create and maintain single-family living areas characterized by compatibility with the natural terrain and native vegetation. The RE district provides locations for residential, limited agricultural, and open space activities most suitably located in areas of very low density or rural qualities. Accessory dwelling unit(s) and accessory structures or buildings are appropriate where consistent with the site and neighborhood character. Community uses and facilities should be limited unless no net loss of housing units would result.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Mobile home park
Sep 30, 2010 • Active
Project - building
Install a new swimming pool and pool equipment. An accessory building will be used to house the new pool equipment.
Pool and hot tub
Dec 17, 2009 • Active
Project - building
Construct a new detached accessory structure for storage and future pool equipment.
ADU
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 10
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: H-Shape
Construction Type: Wood
Building Construction Quality: Good
Roof Framing Type: Wood
Pool Information
Pool Type: Pool/Spa
Has Pool
Property Information
Subdivision Name: BRIONES PARTITION
Living Sq. Ft: 5,032
Ground Floor Sq. Ft: 5,032
Building Sq. Ft: 5,032
# of Stories: 1
Parking & Garage Information
Garage/Parking Sq. Ft: 956
Lot Information
# of Buildings: 1
Land Sq. Ft: 43,560
Legal Lot Number: 7
Municipality Name: PALO ALTO CITY
Acres: 1
Zoning Code: RE
County Use Description: RESID SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2026
Tax Area: PALO ALTO CITY
Public facts
Beds: 4
Baths: 5.0
Sq. Ft.: 5,032
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 2011
Year Renovated: 2011
County: Santa Clara County
APN: 17520046
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
Lucille M. Nixon Elementary School
Public K-5 • Assigned • 1.7mi
10/10
Ellen Fletcher Middle
Public 6-8 • Assigned • 0.8mi
9/10
Henry M. Gunn High School
Public 9-12 • Assigned • 0.6mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 93° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
7/10 Air Factor
13 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Palo Alto, CA • 94306
Average low and high temperatures (°F)
62
41
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44
71
48
69
49
74
52
76
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77
57
80
58
79
59
76
54
65
47
61
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 11.1 hours in
June and 4.9 hours in December, placing it above the
U.S. average for solar exposure.
11.1 hrs
4.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$7.12M – $8.61M
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