1027 Waverley Street, Palo Alto, California 94301, Palo Alto, - bed, bath

home-pic
ACTIVE$17,980,000
1027 Waverley Street, Palo Alto, California 94301
6Beds
8Baths
7,250Sqft
10,000Lot
Year Built
2025
Close
-
List price
$17.98M
Original List price
$21.88M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82008069
Home ConditionExcellent
Features
View-

About this home

STATE-OF-THE-ART LIVING IN PROFESSORVILLE | Completed in February 2025, this new bi-level solar residence merges an exclusive Professorville address with coveted centrality and spectacular contemporary luxury. Visionary local firm Kohler Architects conceived this masterpiece as a showcase of elegance and versatility, complete with one-of-a-kind entertaining amenities, premier craftsmanship, and cutting-edge material selections throughout. Home automation allows lighting, sound, entertainment, climate, and security features to be adjusted at the touch of a smart screen. Sophisticated gathering rooms and a catering-grade kitchen dominate the main level, while the lower level unfolds into a recreation zone complete with bar, wine cellar, game room, and home theater. Glamorous en-suite bedrooms, a fitness center, and sauna & steam bath provide spaces for ultimate rejuvenation. Additional highlights include a junior ADU, dual kitchens, and laundries and wet bars on both levels. Less than one mile from Downtown Palo Alto, Town & Country Village, Stanford University, and acclaimed schools. Designer furnishings available upon request.

Nearby schools

7/10
Addison Elementary School
Public,K-50.2mi
8/10
David Starr Jordan Middle School
Public,6-81.0mi
9/10
Palo Alto High School
Public,9-120.4mi

Price History

Date
Event
Price
09/09/25
Price Change
$17,980,000-9.6%
08/13/25
Price Change
$19,880,000
05/22/25
Listing
$21,880,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (41 Listings)
Beds64
88%
Baths84
98%
Square foot7,2502,688
98%
Lot Size10,0007,500
74%
Price$17.98M$5.47M
98%
Price per square foot$2,480$2,056.5
88%
Built year20259690970
100%
HOA
Days on market167155
60%
Condition Rating
Excellent

This property is a brand new construction, completed in February 2025. The description highlights 'state-of-the-art living,' 'spectacular contemporary luxury,' 'premier craftsmanship,' and 'cutting-edge material selections.' It features home automation, a catering-grade kitchen, dual kitchens, and glamorous en-suite bedrooms. The images confirm a modern, high-end aesthetic with new appliances, sleek light fixtures, pristine hardwood flooring, and luxurious finishes throughout, including the kitchen and visible bathroom areas. All components are new, meeting the highest current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Professorville Location: Situated in the exclusive Professorville neighborhood, the property offers coveted centrality, less than one mile from Downtown Palo Alto, Town & Country Village, Stanford University, and acclaimed schools, ensuring high desirability and convenience.
Brand New State-of-the-Art Construction: Completed in February 2025, this bi-level solar residence boasts spectacular contemporary luxury, premier craftsmanship, cutting-edge material selections, and visionary design by Kohler Architects, providing a turn-key modern living experience.
Extensive Luxury Amenities: The home features a catering-grade kitchen, a dedicated recreation zone with a bar, wine cellar, game room, and home theater, plus a fitness center, sauna, and steam bath, offering unparalleled entertainment and rejuvenation options.
Advanced Smart Home Integration: Equipped with comprehensive home automation, allowing seamless control of lighting, sound, entertainment, climate, and security features at the touch of a smart screen, enhancing comfort and efficiency.
Versatile Living & Income Potential: Includes a junior ADU, dual kitchens, dual laundries, and wet bars on both levels, providing exceptional versatility for multi-generational living, guest accommodations, or potential rental income streams.

Cons

Significant Price Reductions: The property has undergone two substantial price reductions from its original list price of $21.88M to $17.98M, which may suggest initial overpricing or market resistance, potentially raising questions for prospective buyers.
Exceedingly High Price Point: With a current asking price of nearly $18 million, the property targets a very niche and limited buyer pool, which could lead to extended time on the market compared to lower-priced luxury homes.
Potentially Limited Expansive Outdoor Space: While the lot size is 10,000 sqft, the substantial 7,250 sqft home footprint may leave less expansive or private outdoor living space than some ultra-luxury buyers might expect for a property of this caliber and price in Palo Alto.

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