Custom Tuscan-Style Villa Drop Below $10M in Palo Alto (PHOTOS)

Custom Tuscan-Style Villa Drop Below $10M in Palo Alto

$9,995,000 | Built 2004 | 5,617 Sq. Ft. | 5 Beds | 4.5 Baths | 0.46 Acres
1039 University Avenue, Palo Alto, California, United States, 94301

A custom Tuscan-style villa that hit the market in February 2019 for $15.5 million has been reduced to a little under $10 million. Price below replacement cost and local comps, the nearly 6,000 square foot residence was finished in 2004 after 4 years of construction. The result reflects a seamless blend of technology and stunning design elements. Lutron lighting, radiant heat throughout, and a disappearing wall of glass in the great room are a few of the features highlighting the contemporary feel. The award-winning grounds are enhanced by a stunning swimming pool and outdoor kitchen, dramatic water features, and an exquisite secret garden. The unexpectedly quiet location is due to an engineered front wall, sound resistant insulation and custom Bend River windows. 1039 University offers a rare opportunity for the buyer looking for a state of the art home on a large lot located a mere five blocks from the vibrancy of downtown Palo Alto. It’s on the market for $10 million with Don Yarkin of Yarkin Realty.

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