No longer listed

We last saw this home in the MLS feed on Jul 27. It may have sold, or the seller may have taken it off the market — the feed doesn't say which.

$2,698,000~~$2,888,000~~▼ $190K price cut

1111 Alma Street, Palo Alto, CA 94301

No longer listed

$2.9M$2.7M$190K below original ask (7%)

9% above the Palo Alto median of $2.5M (48 active listings)

21% of Palo Alto listings have cut their price · half have been listed 43+ days

3beds

2baths

1,107sqft

$2437/sqft

About this home

We are very pleased to present a truly unique residential compound that redefines the standard for flexible living in Palo Alto. The property features a 3-bedroom / 2-bathroom main residence, which has been walled off to create a 2-bedroom / 1-bathroom, and an attached 1-bedroom / 1-bathroom with it's own entrance. This is complemented by two additional detached structures. This rare configuration offers a level of versatility seldom found in the local market, making it an ideal acquisition for buyers looking to maximize both utility and long-term property value. The property's primary appeal lies in its versatility. The two auxiliary structures provide a turnkey solution for a variety of modern living needs, whether you are hosting a multigenerational family or seeking consistent rental income in a high-demand zip code. The ability to separate work, guest, and living spaces within a single lot offers a level of privacy and adaptability that is increasingly essential for the Silicon Valley lifestyle. This is more than a home; it is a strategic asset in one of the worlds most resilient real estate markets. By combining a prime location with a high-density, multi-unit layout, this property represents a premier opportunity for the discerning investor or homeowner.