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981 College Ave, Palo AltoFor sale1 / 4
981 College Ave, Palo Alto — 1981 College Ave, Palo Alto — 2981 College Ave, Palo Alto — 3981 College Ave, Palo Alto — 4
For sale·Single-Family Home·MLS #ML82055952· 1 Day on Site

981 College Ave

Palo Alto, Santa Clara County · CA 94306
$2,950,000
$2,184 per sq ft
2Beds
2Baths
1,351Sq Ft
$2,184Per Sq Ft
5,750Lot Sq Ft
1926Year Built
Single-Family HomeProperty Type

About this home

This classic Spanish bungalow with three iconic arches - at the foyer, dining room and kitchen, has been expanded, updated and modernized with features including skylights, a sun tunnel, and dual-pane windows. Living room has wide windows looking to the covered porch and and a rustic brick fireplace. The dining room was enlarged to includes bench seating (with storage) ,a wide skylight,and a French door to a large deck. Remodeled kitchen boasts an efficient layout, abundant storage,a cozy breakfast nook, a wide laundry closet and door to deck for outdoor dining and entertaining.The primary suite bathroom has a stall shower, skylight and rustic tile floors. Oak floors are in most of the house. The detached garage boasts a cozy office , wall of storage cabinets and room for one car. Located in the peaceful College Terrace neighborhood, this home is about 1.6 miles from Town & Country Center, 8/10 mile from Caltrain, 7/10 mile from Molly Stone Grocery and Joanie's Cafe, 3/10 mile from the College Terrace Library & Mayfield Park -- to name just a few conveniences.!

Description as published by the listing brokerage.

Every detail on record

Inside the home
Bathrooms
Shower and Tub, Skylight, Stall Shower, Tile, Tub
Kitchen
Countertop - Other, Hookups - Gas, Pantry
Appliances
Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
Dining Room
Formal Dining Room, Skylight(s)
Family Room
No Family Room
Fireplace
Living Room
Flooring
Hardwood, Tile
Laundry
Inside
Heating, cooling & utilities
Heating
Wall Furnace
Cooling
Ceiling Fan, Window/Wall Unit
Water
Public
Outside & construction
Roof
Flat, Tar/Gravel, Tile
Foundation
Concrete Perimeter
Parking
Garage/Parking
Detached, Gate/Door Opener, Off-Street Parking, Parking Restrictions, Garage: 0 Car(s)
Schools
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Zoning & designation
Zoning
R1

All 17 fields exactly as the listing brokerage published them to the MLS — nothing inferred or filled in. Blank fields mean the brokerage did not report them; ask and Adriana will find out.

What it costs to own

Principal & interest20% down · 6.5% · 30-year fixed$14,917
Property taxProposition 13 base rate of 1%$2,458
Estimated monthly$17,375
Not a quote and not the whole bill. This excludes homeowners insurance, voter-approved local assessments and any Mello-Roos, mortgage insurance below 20% down, and your actual rate — which depends on your credit and the loan. Adriana is a licensed loan originator (NMLS #368880) and will price the real one.
The Santa Clara County market
Single-family · Jul 2026
$1,950,000▲ 3.7% YoYMedian sale price
14Median days on market
996Homes for sale
103%Sale-to-list price
See full Property Trends →

What's around this home

Within about a mile of the front door: 3 groceries, 39 places to eat, 17 parks.

Groceries3 within 1.0 mi
  • Real Produce International Market0.3 mi
  • Country Sun0.4 mi
  • Mollie Stone's0.6 mi
Cafés & restaurants39 within 0.7 mi
  • MJ Sushi0.3 mi
  • Fambrini's Cafe0.3 mi
  • Odori Sushi0.4 mi
  • Izzy's Brooklyn Bagels0.4 mi
Parks & open space17 within 1.0 mi
  • Mayfield Park0.1 mi
  • Cameron Park0.1 mi
  • Weisshaar Park0.2 mi
  • Werry Park0.3 mi
  • Stanford/Palo Alto Community Playing Fields0.4 mi
Pharmacies & medical25 within 1.5 mi
  • Palo Alto Pathology0.3 mi
  • Monica Stone Skin0.5 mi
  • Premiere Plastic Surgery0.5 mi
  • Palo Alto SpineMED0.6 mi
  • Davis Plastic Surgery0.6 mi

Getting around

Nearest rail & transit stations1 within 1.5 mi
  • California AvenueCaltrain0.7 mi
32bus stops within 0.5 mi of the door

Schools

Elementary DistrictPalo Alto Unified
High School DistrictPalo Alto Unified
Schools nearest the parcelwithin 1.5 mi
  • Escondido Elementary School;Bing Nursery School0.3 mi
  • Escondido Elementary School0.3 mi
  • Bing Nursery School0.3 mi
  • Lucille M. Nixon Elementary School0.6 mi
  • Barron Park Elementary School1.0 mi
Districts as published by the listing brokerage. Nearby schools are the closest by distance, not an attendance assignment — boundaries are set by the district and change. Confirm enrolment with the district before you rely on it.

Wildfire hazard designation

Not in a designated zone

CAL FIRE does not map this parcel inside a designated Fire Hazard Severity Zone. That is an absence of state designation, not a guarantee — the seller's Natural Hazard Disclosure remains the authoritative document for this address.

Source: CAL FIRE Fire Hazard Severity Zones, the layer published for real estate inspections.

Location

Listing courtesy of Coldwell Banker Realty · Nancy Goldcamp · MLS #ML82055952
Market statistics and listing data courtesy of MLSListings, Inc. Information deemed reliable but not guaranteed. Properties shown are area market listings and may be listed by other brokerages. View on MLSListings ↗
Neighbourhood places and transit from OpenStreetMap contributors (ODbL). Fire hazard severity zones from CAL FIRE. Distances are straight-line from the parcel and are provided for orientation only.
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$2,950,000
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