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$3,290,000 Sale Pending
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Property Description
Dreaming of living near the world-famous Stanford University? This is your opportunity to enjoy the best of Palo Alto living. Welcome to this beautifully updated family home in the quiet and highly desirable Barron Park neighborhood. Just a short walk to Gunn High School, Cornelis Bol Park, Juana Briones Park, and the famous Barron Park donkeys, this home offers an exceptional lifestyle for families. This bright 4-bedroom, 2-bathroom home features 1,516 sq. ft. of living space with updated flooring, recessed lighting, updated bathrooms, freshly painted kitchen cabinets, and a spacious two-car garage. Situated on a huge 8,756 sq. ft. corner lot with mature trees and beautiful landscaping, the property offers a peaceful setting and excellent potential for future expansion or customization. Enjoy top-rated Palo Alto schools, easy access to Highways 280 and 101, and close proximity to major Silicon Valley employers, shopping, dining, and everyday conveniences. Don't miss this rare opportunity to own a beautiful home in one of Palo Alto's most desirable neighborhoods.
Full Property Details
Full Property Details for 997 Ilima Way
General
- Price: $3,290,000
- Status: Pending
- Type: Single Family
- Source: MAX
- MLS ID: 41140168
- Updated: 8/2/2026
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: No Additional Rooms
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood Burning
- Appliances: Dishwasher
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Kitchen: Dishwasher, Disposal, Kitchen Island
- Laundry: Dryer, In Garage, Washer
Additional Information
- Equipment: None
Exterior
- Exterior Features: Back Yard, Front Yard, Side Yard
Parking
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage
Location
- Area: Listing
- County: Santa Clara
- Subdivision: Palo Alto
- Driving Directions: Los Robles -> Laguna -> Ilima Way
Heating & Cooling
- Cooling Type: None
- Heating Type: Central, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Ranch
- Exterior Const.: Wood Siding, Shingles
- Roof: Composition Shingles
- Stories/Levels: One Story
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.201
- Lot Dimensions: 8756
- Lot Features: Corner Lot, Level
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $2,170
Disclosures and Reports
- Property ID: 13718015
Listed by Nancy Sun, Broker, Nancy Sun
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Schools
Schools serving 997 Ilima Way
School District:Palo Alto Unified School District
| Name | Grades | Distance |
|---|---|---|
Barron Park Elementary School 800 Barron Avenue, Palo Alto, CA 94306 | K-5 | 0.3 mi |
Ellen Fletcher Middle 655 Arastradero Road, Palo Alto, CA 94306 | 6-8 | 0.7 mi |
Henry M. Gunn High School 780 Arastradero Road, Palo Alto, CA 94306 | 9-12 | 0.5 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 997 Ilima Way
Date
Details
Price
Change
Source
7/08/2026
Listed
$3,290,000
—
MLS
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 997 Ilima Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$36,575
—
$3,017,160
2%
2025
$36,575
4%
$2,958,000
2%
2024
$35,074
1431%
$2,900,000
2551%
2023
$2,291
2%
$109,409
2%
2022
$2,255
2%
$107,264
2%
2021
$2,209
1%
$105,162
1%
2020
$2,181
1%
$104,085
2%
2019
$2,152
2%
$102,045
2%
2018
$2,113
2%
$100,045
2%
2017
$2,075
3%
$98,085
2%
2016
$2,015
1%
$96,162
2%
2015
$1,988
7%
$94,719
2%
2014
$1,851
1%
$92,865
—
2013
$1,836
—
$92,446
—
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 997 Ilima Way
997 Ilima Way, Palo Alto, CA 94306 (MLS# 41140168) is a Single Family property with 4 bedrooms and 2 full bathrooms. 997 Ilima Way is currently listed for $3,290,000 and was received on July 08, 2026. Want to learn more about 997 Ilima Way? Do you have questions about finding other Single Family real estate for sale in Palo Alto? You can browse all Palo Alto real estate or contact a Coldwell Banker agent to request more information.

