A Palo Alto home listed at $15,500,000 took less than a month to sell and sold for near the asking price. The stunning Queen Anne style 7 bedroom, 4.5 bath home at 1055 Forest Avenue was originally built in 1896 for Stanford University English Professor Alphonso Newcomer. The home, situated on an over 3/4 acre lot, features a reception hall, a sun room, a music room, a pool and an exercise room/dance studio. The master bedroom includes its own library wing.

This is more proof that our local market is still HOT.

This entry was posted on Wednesday, May 30th, 2007 at 9:00 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.