2886 Emerson St, Palo Alto, CA, 94306
About This Home
Own a Piece of Silicon Valley Startup History. This remarkable home is more than just a beautiful residence; it was the birthplace of three successful technology startups, including a payroll company that grew into one of Silicon Valley's most recognizable fintech businesses, as well as AI companies SanasAI and Hoomanely. Fully remodeled down to the studs about 5 years ago. Recently refreshed with new interior paint and professionally redesigned landscaping, this exceptional five-bedroom, four-bathroom home offers an ideal blend of luxury, comfort, and functionality. It features an open-concept kitchen with custom cabinetry and Silestone quartz countertops, a spacious second family room with a wet bar for additional flexibility for hosting guests or relaxing with family. Additional highlights include newer hardwood flooring, a generous laundry room, a whole-home multi-zone surround A/V distribution system, and security wiring. The backyard has been transformed into a private retreat, featuring a newly paved patio, fresh sod, and mature landscaping that creates a peaceful outdoor sanctuary with plenty of room to entertain or play. Whether you're drawn by its exceptional design, outstanding location, or its unique place in Silicon Valley history, this is truly a one-of-a-kind home.
Getting Around
Somewhat Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Concrete Perimeter,Other
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Dining Room
- Features: FormalDiningRoom
Family Room
- Features: SeparateFamilyRoom
Features
- Number of fireplaces: 2
- Fireplace features: Gas
Heating & Cooling
- Heating features: Central Forced Air Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,170
- Total interior livable area: 3,170 sqft
Property
Details
- Parcel number: 13226007
- Zoning: PA
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 6,030 sqft
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Earthquake
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $30,329 | $363,948 |
| Home Insurance * | $324 | $3,888 |
| Property Taxes | $6,108 | $73,296 |
| Electricity | $679 | $8,157 |
| Total | $37,440 | $449,280 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-01 | Listed for sale | $5,998,000 |
| 2022-03-07 | Sold | $4,700,000 |
| 2022-01-05 | Listed for sale | $4,700,000 |
| 2020-11-10 | Sold | $2,850,000 |
| 2020-10-03 | Price change | $2,950,000 |
| 2020-09-10 | Listed for sale | $3,250,000 |
| 2005-08-01 | Sold | $180,000 |
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