Sold on Sep 2026

$2,650,000

•

1,166

sq ft

723 Hamilton Ave, Palo Alto, CA 94301

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About this home

Rare Crescent Park Development Opportunity!! Calling All Builders, Developers, Investors & Contractors! Exceptional opportunity to acquire a prime property in the highly coveted Crescent Park neighborhood of Palo Alto. Ideally located just a short stroll to vibrant downtown Palo Alto, Stanford University, Stanford Health Care, Caltrain, restaurants, and Stanford Shopping Center. Enjoy a premier location within one of Palo Alto's most prestigious neighborhoods, offering exceptional convenience, highly regarded schools, and an unparalleled Silicon Valley lifestyle. Value is in the land. Sold AS-IS, this property presents the ideal opportunity to renovate, expand, or build a spectacular custom estate (buyer to verify development potential with the City of Palo Alto). Opportunities like this are exceptionally rare. Bring your vision and unlock the full potential of this outstanding property.

Single-familyProperty Type

1938Year Built

5,000 sq ftLot Size

$2,273Price/Sq.Ft.

1 car garageParking

Listed by Anne Tran •DRE #01339851 • Trancore Estates Inc

Contact: 408-489-3985

Bought with Vicky Li •DRE #01896360 • Coldwell Banker Realty

Redfin checked: a minute ago

•Source:MLSListings #ML82056845

Redfin Estimate

$2,769,671

$120K since sold in September 2026$33K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 9.6% lower than the average sale price ($3.06M) of 6 comparable homes.

SOLD AUG 6, 2026
$2,400,000
A
3 beds2 baths1,296 sq ft
235 Middlefield Rd, Palo Alto, CA 94301
SOLD AUG 11, 2026
$3,015,000
B
2 beds1 bath1,060 sq ft
319 Bryant St, Palo Alto, CA 94301
SOLD JUN 22, 2026
$3,510,000
C
3 beds2 baths1,500 sq ft
762-766 Hamilton Ave, Palo Alto, CA 94301
SOLD AUG 10, 2026
$3,950,000
D
3 beds2 baths1,599 sq ft
991 Lincoln Ave, Palo Alto, CA 94301
SOLD APR 9, 2026
$3,100,000
E
2 beds1 bath1,405 sq ft
412 Guinda St, Palo Alto, CA 94301
SOLD OCT 27, 2025
$2,400,000
F
2 beds2 baths1,173 sq ft
637 Channing Ave, Palo Alto, CA 94301

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Market trends in 94301, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

105.0%

+0.4% MoM

Median sale price

$4.0M

$552K MoM

Avg. days on market

19d

1 days MoM

Recently sold homes

12 MoM

New listings for sale

$7,500,000
5 beds3.5 baths4,151 sq ft
1628 Emerson St, Palo Alto, CA 94301
VIDEO TOUR
$4,298,000
3 beds3.5 baths2,385 sq ft
872 Waverley St, Palo Alto, CA 94301
$9,500,000
5 beds2.5 baths3,078 sq ft
604 Tennyson Ave, Palo Alto, CA 94301
VIDEO TOUR
$5,998,000
3 beds3.5 baths2,404 sq ft
1301 Bryant St, Palo Alto, CA 94301
3D WALKTHROUGH
$1,089,000
2 beds1 bath1,088 sq ft
722 Ramona St, Palo Alto, CA 94301
$8,498,000
6 beds4 baths2,750 sq ft
1535 Cowper St, Palo Alto, CA 94301
EARLY ACCESS
$4,288,000
3 beds3 baths2,182 sq ft
2325 Emerson St, Palo Alto, CA 94301
$4,100,000
4 beds2 baths2,136 sq ft
834-836 Addison Ave, Palo Alto, CA 94301
EARLY ACCESS
$1,600,000
2 beds2 baths1,334 sq ft
185 Forest Ave Unit 2B, Palo Alto, CA 94301
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Rental estimate

Est. $4,659 per month, based on comparable rentals

Sale and tax history for 723 Hamilton Ave

Sale History
Tax History

Date

Event

Price

MLSListings #ML82056845

Sep 2, 2026

Sold

$2,650,000

$2,273/sq ft

Sep 2, 2026

Sold

$2,650,000

$2,273/sq ft

Aug 19, 2026

Pending

—

Aug 19, 2026

Pending

—

Aug 6, 2026

Listed

$2,600,000

$2,230/sq ft

Aug 6, 2026

Listed

$2,600,000

$2,230/sq ft

+13

Public Records

Dec 11, 1986

Sold

$269,000

$231/sq ft

Public Records

Jun 25, 1986

Sold

$225,000

$193/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$7,553 (+4.0%)

$359,512 + $200,690

$560,202

2024

$7,260 (+1.6%)

$352,463 + $196,755

$549,218

2023

$7,148 (+1.3%)

$345,552 + $192,898

$538,450

2022

$7,056 (+2.0%)

$338,777 + $189,116

$527,893

2021

$6,915 (+1.9%)

$332,135 + $185,408

$517,543

2020

$6,785 (+1.2%)

$325,623 + $181,773

$507,396

2019

$6,705 (+2.6%)

$322,285 + $179,910

$502,195

2018

$6,536 (+1.8%)

$315,966 + $176,383

$492,349

2017

$6,419 (+2.8%)

$303,698 + $169,535

$473,233

2016

$6,244 (+1.1%)

$303,698 + $169,535

$473,233

2015

$6,176 (+3.5%)

$297,744 + $166,211

$463,955

2014

$5,970 (+2.1%)

$287,528 + $160,509

$448,037

2012

$5,850 (+6.1%)

$286,229 + $159,784

$446,013

2011

$5,513

$280,617 + $156,651

$437,268

2010

$5,512 (+2.7%)

$275,115 + $153,580

$428,695

2009

$5,365 (+4.9%)

$273,059 + $152,433

$425,492

2008

$5,115

$268,342 + $149,800

$418,142

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,000 Sq. Ft.

Year renovated

1945

Sq. Ft.

1,166

Year built

1938

Style

Single Family Residential

County

Santa Clara County

APN

00302042

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 10, 2026.

R-1

Single Family Residential District

The R-1 single family residential district is intended to create, preserve, and enhance areas suitable for detached dwellings with a strong presence of nature and with open area affording maximum privacy and opportunities for outdoor living and childrens play. Minimum site area requirements are established to create and preserve variety among neighborhoods, to provide adequate open area, and to encourage quality design. Accessory du, junior accessory du and accessory structures or buildings are appropriate. Community uses and facilities, such as churches and schools, should be limited unless no net loss of housing would result.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Mobile home park

Jun 14, 2024 • Final

Water heater (electric): one heat pump water heater (detached single-family and duplex only)

Replace a heat pump water heater in a single-family home.

Heat pump

HVAC

Plumbing

Water heater

May 10, 2011 • Active

Roof: like for like re-roof, only one structure per permit (detached single-family and duplex only, non-historic property)

Tear off old wood shakes, install new plywood, and install a new composition roof.

Roofing

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

Parking

Parking Information
Garage (Minimum): 1
Garage (Maximum): 1
Parking Description: Detached, Workshop in Garage
Garage Spaces: 1

Interior

Bedroom Information
# of Bedrooms (Minimum): 2
# of Bedrooms (Maximum): 2

Bathroom Information
# of Baths (Full): 1

Room Information
Dining Room Description: Formal Dining Room

Fireplace Information
Has Fireplace
Fireplace Description: Wood-Burning
Fireplaces (Minimum): 1

Heating & Cooling Information
Heating: Central Forced Air

Exterior

Exterior Features
Roof: Shingle

Building Information
Subclass: Single Family Home
Building Type: Detached
Raised

Property Features
Living Sq. Ft.: 1,166

Property Information
Property Primary ID: 748459

Lot Information
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: R1

Utilities

Utility Information
Sewer Septic: Sewer (Public)
Utilities: Public Utilities

Water Information
Water: Public

Location

Multi-Unit Information
# of Stories: 1

School Information
Elementary School District: Palo Alto Unified
High School District: Palo Alto Unified

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 1,166
Stories: 1.0
Lot Size: 5,000 square feet
Style: Single Family Residential
Year Built: 1938
Year Renovated: 1945
County: Santa Clara County
APN: 00302042

Home facts updated by county records on Sep 10, 2026

Around this home

Schools

Addison Elementary School

Public K-5 • Assigned • 0.4mi

9/10

Frank S. Greene Jr. Middle

Public 6-8 • Assigned • 1.4mi

9/10

Palo Alto High School

Public 9-12 • Assigned • 0.9mi

10/10

Provided by GreatSchools

Climate risks

4/10 Flood Factor

Estimated 19-29% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 90° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

16 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Palo Alto, CA • 94301

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

83/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Palo Alto. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9 hrs

5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.63M – $3.19M

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Home values near 723 Hamilton Ave

Data from public records.

Address	Redfin Estimate
765 Hamilton Ave, Palo Alto, CA 3 Beds \| 3 Baths \| 2297 Sq. Ft.	$4,707,358
750 Hamilton Ave, Palo Alto, CA - Beds \| 3 Baths \| - Sq. Ft.	$3,231,138

Address	Redfin Estimate
771 Hamilton Ave, Palo Alto, CA 5 Beds \| 2.5 Baths \| 2796 Sq. Ft.	$5,865,046
755 Hamilton Ave, Palo Alto, CA 5 Beds \| 5.5 Baths \| 2942 Sq. Ft.	$6,274,315

Address	Redfin Estimate
731 Hamilton Ave, Palo Alto, CA 4 Beds \| 1.5 Baths \| 2000 Sq. Ft.	$3,578,734
730 Hamilton Ave, Palo Alto, CA 5 Beds \| 3 Baths \| 2784 Sq. Ft.	$4,677,559

Property information provided by MLSListings when last listed in 2026. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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723 Hamilton Ave, Palo Alto, CA 94301

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About this home

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Market trends in 94301, CA

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Sale and tax history for 723 Hamilton Ave

Public record

Property details

Parking

Interior

Exterior

Utilities

Location

Public facts

Around this home

Schools

Climate risks

Historical weather

Sun exposure

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New listings for sale in 94301

Home values near 723 Hamilton Ave

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