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$2,750,000
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Property Description
We are very pleased to present a truly unique residential compound that redefines the standard for flexible living in Palo Alto. The property features a 3-bedroom / 2-bathroom main residence, which has been walled off to create a 2-bedroom / 1-bathroom, and an attached 1-bedroom / 1-bathroom with it's own entrance. This is complemented by two additional detached structures. This rare configuration offers a level of versatility seldom found in the local market, making it an ideal acquisition for buyers looking to maximize both utility and long-term property value. The property's primary appeal lies in its versatility. The two auxiliary structures provide a turnkey solution for a variety of modern living needs, whether you are hosting a multigenerational family or seeking consistent rental income in a high-demand zip code. The ability to separate work, guest, and living spaces within a single lot offers a level of privacy and adaptability that is increasingly essential for the Silicon Valley lifestyle. This is more than a home; it is a strategic asset in one of the worlds most resilient real estate markets. By combining a prime location with a high-density, multi-unit layout, this property represents a premier opportunity for the discerning investor or homeowner.
Full Property Details
Full Property Details for 1111 Alma St
General
- Price: $2,750,000
- Status: Active
- Type: Single Family
- Source: RE_Infolink
- MLS ID: ML82036330
- Updated: 3/12/2026
- Added to Site: 46 day(s) ago
Interior
- Interior Features: Skylight
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Shower and Tub, Skylight , Tub in Primary Bedroom, Updated Bath
Bedrooms
- Total Bedrooms: 3
- Bedroom Features: Walk-In Closet
Other Rooms
- Family Room: Kitchen / Family Room Combo
- Kitchen: Dishwasher, Hood over Range, Countertop - Quartz, Oven/Range, Refrigerator
- Laundry: Inside, Outside, Washer / Dryer
- Guest Quarters: ADU, garage ADU, 420
Additional Information
- Extras: Not Applicable
Parking
- Parking Features: Electric Car Hookup
Location
- Area: Professorville
- County: Santa Clara
- Cross Streets: Lincoln
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Gas/Forced Air)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
Structural Information
- Construction: Detached, Wood Frame
- Foundation: Concrete Perimeter, Crawlspace
- Roof: Shingle, Composition
- Square Feet: 1,107
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.1286
- Minimum Lot Size: 5600
- Lot Size (Sq. Ft.): 5,600
- Grounds/Landscape: Courtyard, Deck , Fenced, Low Maintenance, Sprinklers - Lawn, Storage Shed / Structure
- Zoning: R1
Listed by Midtown Realty, Ryan Eltherington
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Schools
Schools serving 1111 Alma St
School District:Palo Alto Unified School District
| Name | Grades | Distance |
|---|---|---|
Addison Elementary School 650 Addison Avenue, Palo Alto, CA 94301 | K-5 | 0.6 mi |
Frank S. Greene Jr. Middle 750 N. CA Ave., Palo Alto, CA 94303 | 6-8 | 1.2 mi |
Palo Alto High School 50 Embarcadero Road, Palo Alto, CA 94301 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1111 Alma St
Date
Details
Price
Change
Source
3/12/2026
Price Reduced
$2,750,000
-4.78%
MLS
2/26/2026
Listed
$2,888,000
21.6%
MLS
9/30/2022
Sold
$2,375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1111 Alma St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,723
4%
$2,470,950
2%
2024
$29,466
1%
$2,422,500
2%
2023
$29,033
11%
$2,375,000
12%
2022
$26,233
2%
$2,128,406
2%
2021
$25,715
2%
$2,086,673
1%
2020
$25,185
1%
$2,065,278
2%
2019
$24,906
3%
$2,024,783
2%
2018
$24,223
2%
$1,985,082
2%
2017
$23,797
100%
$1,946,160
108%
2016
$11,877
2%
$937,564
2%
2015
$11,675
8%
$916,468
8%
2014
$10,766
—
$846,486
—
2013
$10,744
—
$842,662
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1111 Alma St
1111 Alma St, Palo Alto, CA 94301 (MLS# ML82036330) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1111 Alma St is currently listed for $2,750,000 and was received on February 26, 2026. Want to learn more about 1111 Alma St? Do you have questions about finding other Single Family real estate for sale in Professorville? You can browse all Professorville real estate or contact a Coldwell Banker agent to request more information.

