The property at 860 Newell Road in Palo Alto sold for $7,200,000, equivalent to $3,438 per square foot for its 2,094 square feet of space.
The home offers a single-story layout with three bedrooms, two bathrooms, and notable features like a fireplace and a two-car garage.
Nearby sales include a 1,832-square-foot house on Channing Avenue for $3,600,000, reflecting $1,965 per square foot, highlighting local market trends.
In the Bay Area, this recent sale showcases the high-end real estate market with properties averaging substantial square foot prices, reaching as high as $3,438.
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