251 Middlefield Road, Palo Alto, CA 94301
Local realty services provided by:CENTURY 21 Masters
251 Middlefield Road,Palo Alto, CA 94301
$7,250,000
- - Beds
- - Baths
- 5,939 sq. ft.
- Multi-family
- Active
Listed by: bilal sadek
Office: engel & volkers roseville
MLS#:226026984
Source:MFMLS
Price summary
- Price:$7,250,000
- Price per sq. ft.:$1,220.74
About this home
Rare trophy multifamily investment opportunity in the heart of Palo Alto, just blocks from Stanford University and vibrant downtown. Located at 251 Middlefield Rd, this iconic property was originally built in 1915 and completely reimagined in 2019, seamlessly blending historic architecture with modern luxury and high-end construction. The building features seven beautifully renovated residential units, each finished with premium materials and thoughtful design. Interiors include stainless steel appliances, granite countertops, hardwood and tile flooring, skylights, vaulted ceilings, double-pane windows, and designer finishes throughout. Units are equipped with energy-efficient mini-split systems, with select residences offering central heating for year-round comfort. The impressive penthouse residence exceeds 2,000 sq ft, offering three bedrooms, a spacious office, and two bathrooms, while the main ground-floor unit spans over 1,400 sq ft and features two luxurious master suites. Exceptional curb appeal with professional landscaping enhances the property's timeless appeal. The property also includes an approximately 2,868 sq ft finished basement (not included in the official living square footage) with private access, kitchenette, and bathroom, providing excellent value-add potential for additional income or flexible use. Additional amenities include a centralized laundry facility and automated drip irrigation for the landscaped grounds. Most units are currently utilized as corporate housing, driven by strong employment demand from nearby global technology employers including Google, Apple, Meta, and Hewlett-Packard. Fully occupied and ideally positioned, this property offers stable income, strong rental demand, and long-term appreciation potential in one of Silicon Valley's most desirable and supply-constrained markets. A rare opportunity to acquire a fully renovated legacy asset near world-class universities, technology campuses, renowned restaurants, cafes, parks, and premier amenities....
Contact an agent
Home facts
- Year built:1915
- Listing ID #:226026984
- Added:187 day(s) ago
- Updated:September 10, 2026 at 03:03 PM
Rooms and interior
- Flooring:Linoleum, Tile Floor, Vinyl, Wood Floors
- Kitchen Description:Built-In Refrigerator, Dishwasher, Gas Cook Top, Microwave
- Living area:5,939 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Heating:Fireplace(s)
Structure and exterior
- Year built:1915
- Building area:5,939 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Auto Sprinkler F&R
- Construction Materials:Frame, Stucco
- Foundation Description:Raised Foundation, Slab
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$7,250,000
- Price per sq. ft.:$1,220.74
Features and amenities
- Appliances:Dishwasher, Microwave
- Laundry features:In Common Area, Laundry Closet, Washer/Dryer Hookups
MetroList MLS 2026. This information is being provided by MetroList MLS. All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data Updated: September 10, 2026. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any offer of compensation is made only to Participants of MLS where the subject listing is filed and in accordance with such MLS's regulations or rules. MFMLS Member Broker: Romeo AurelioNew listings near 251 Middlefield Road
- New
$5,998,000Active3 beds 4 baths2,404 sq. ft.1301 Bryant Street, Palo Alto, CA 94301
MLS# ML82058855Listed by: KELLER WILLIAMS PALO ALTO - New
$3,400,000Active4 beds 2 baths1,828 sq. ft.794 Encina Grande Drive, Palo Alto, CA 94306
MLS# ML82060634Listed by: KELLER WILLIAMS PALO ALTO - New
$2,988,000Active3 beds 1 baths1,020 sq. ft.2260 Williams Street, Palo Alto, CA 94306
MLS# ML82060504Listed by: DELEON REALTY - Open Sat, 11am to 1pmNew
$3,300,000Active2 beds 1 baths925 sq. ft.3377 Waverley Street, Palo Alto, CA 94306
MLS# 226110448Listed by: COLDWELL BANKER REALTY - New
$1,089,000Active2 beds 1 baths1,088 sq. ft.722 Ramona Street, Palo Alto, CA 94301
MLS# ML82060225Listed by: COMPASS - New
$2,650,000Active3 beds 2 baths1,359 sq. ft.4059 2nd Street, Palo Alto, CA 94306
MLS# ML82060386Listed by: COMPASS - New
$8,498,000Active6 beds 4 baths2,750 sq. ft.1535 Cowper Street, Palo Alto, CA 94301
MLS# ML82057940Listed by: COLDWELL BANKER REALTY - New
$1,890,000Active3 beds 2 baths1,451 sq. ft.4008 Villa Vista, Palo Alto, CA 94306
MLS# ML82060316Listed by: APEX REAL ESTATE INVESTMENTS - New
$2,168,000Active3 beds 3 baths1,770 sq. ft.1107 Juana Court, Palo Alto, CA 94303
MLS# ML82060071Listed by: SUMMERHILL BROKERAGE, INC. - New
$4,100,000Active4 beds 2 baths2,136 sq. ft.834-836 Addison Avenue, Palo Alto, CA 94301
MLS# ML82060091Listed by: THE AGENCY
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.