251 Middlefield Rd, PALO ALTO, CA

$8,500,000

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4,440

Square feet

0.23

Acres

About 251 Middlefield Rd

Constructed in 1915 and masterfully reimagined in 2019, this iconic multifamily residence stands as a rare trophy property in one of Palo Altos most prestigious neighborhoods. With its blend of historic architecture and contemporary refinement, it is designed for those who value heritage, craftsmanship, and enduring quality. Interiors are finished with top-tier materials and fixtures, including stainless steel appliances, granite countertops, hardwood and tile flooring, vaulted ceilings, skylights, and double-pane windows. Each unit offers an elevated living experience with mini-split systems and select central heating for year-round comfort. Most units currently serve as corporate housing due to job opportunities in the area, offering consistent rental demand. A finished basement with private access, kitchenette, and bathroom provides value-add opportunities for additional income. A centralized laundry room adds convenience for residents and management. Professionally landscaped grounds are maintained daily, with an automated drip system. Near world-renowned institutions and employers, including Stanford, Google, Meta, and HP, this fully occupied property offers stability and prestige. This is more than a multifamily asset, it is an investment in architectural legacy.

Features of 251 Middlefield Rd

MLS® # ML82009484
Price $8,500,000
Square Footage 4,440
Acres 0.23
Year Built 1915
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 251 Middlefield Rd
Area Crescent Park
City PALO ALTO
County Santa Clara
State CA
Zip Code 94301

Amenities

Utilities Public Utilities
Parking Spaces 2
Is Waterfront No

Interior

Heating Other, Central Forced Air Heat
Cooling Room Air Conditioner(s)
Fireplace No

Exterior

Roof Composition Roof
Foundation Concrete Perimeter & Slab

Additional Information

Zoning R1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentHelen Chong
OfficeReal Brokerage Technologies
Contact Info408-800-5478

Listing Map

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