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455 Margarita Ave, Palo Alto, CA, 94306

4beds
4baths
2,478sqft
$3,988,000
$1,609price/sqft
$24,956/moest. monthly cost
$998,240/yrincome needed

About This Home

Welcome to this beautifully rebuilt, 2016-completed, home with top Palo Alto schools. Impeccably rebuilt with stunning designer touches completed in 2016. Open kitchen with Granite countertops, stainless steel appliances, designer accent tile backsplash and 5 burner gas cooktop. Hardwood flooring throughout. High ceilings. Wonderfully appointed bathrooms. All four bedrooms are spacious. Large downstairs primary suite. Beautiful primary bathroom with dual sinks, rainfall shower head, designer accented tiles and Quartz countertops. Double pane windows. Central A/C & central heating. Inside laundry. Private hardscaped backyard for outdoor relaxation and dining. Additional small structure and shed in the backyard. Walkable Palo Alto neighborhood near parks and Midtown shops. Convenient proximity to all three schools, El Camino Real, Caltrain, Stanford University, highway 280 and I-101. Award-winning Palo Alto schools: Barron Park Elementary, Ellen Fletcher Middle and Henry Gunn High.

Getting Around

79
WalkingVery Walkable
42
TransitSome Transit
97
BikeBiker's Paradise

Schools

9/10
9/10
Ellen Fletcher MiddleGrades 6-81.2 mi
10/10
Henry M. Gunn High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2016

Materials

  • Foundation: Crawl Space
  • Roof: Tile

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Gas Cooktop,Dishwasher,Range Hood,Microwave,Built In Oven,Gas Oven,Refrigerator,Washer/Dryer
  • Laundry features: Inside

Bathroom

  • Features: DoubleSinks, PrimaryStallShowers, ShowersoverTubs2plus, StallShower, Tile, UpdatedBaths, FullonGroundFloor

Bedroom

  • Features: GroundFloorBedroom, PrimaryBedroomonGroundFloor

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Dining Room

  • Features: DiningArea

Family Room

  • Features: NoFamilyRoom

Features

  • High Ceilings
  • Flooring: Hardwood,Tile

Heating & Cooling

  • Heating features: Central Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,478
  • Total interior livable area: 2,478 sqft

Kitchen

  • Features: Countertop_Granite

Property

Details

  • Parcel number: 13240020
  • Zoning: R1
  • Special condition: Standard

Features

  • Stories: 2
  • Patio & porch: Balcony/Patio
  • Exterior features: Back Yard,Fenced,Storage Shed Structure
  • Fencing: Perimeter,Gate,Mixed Height Type,Wood

Lot

  • Lot size: 5,400 sqft

Parking

  • Parking features: Garage Door Opener,No Garage

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

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $20,165$241,980
Home Insurance *$215$2,580
Property Taxes $4,045$48,540
Electricity $531$6,376
Total$24,956$299,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$855,634/yr
40% on housing$748,680/yr
45% on housing$665,493/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,609This listing

vs Other Active Listings

Avg $/sqft

ZIP 94306$1,259
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 94306$1,940
Santa Clara County$1,052

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

DateEventPrice
2026-07-21Price change$3,988,000
2026-07-08Price change$4,098,000
2026-06-02Listed for sale$4,198,000
2025-07-01Listing removed$8,000
2025-06-20Listed for rent$8,000
2024-06-29Listing removed--
2024-06-21Price change$7,500
2024-06-05Listed for rent$8,000
2023-03-24Listing removed--
2023-03-14Price change$7,500
2023-03-06Price change$7,800
2023-02-28Listed for rent$8,000
2022-05-12Listing removed--
2022-05-10Listed for rent$8,800
2022-05-01Listing removed--
2022-04-27Listed for rent$8,800
2014-07-17Sold$1,259,000
2014-07-10Pending sale$1,108,888
2014-06-05Listed for sale$1,108,888

For Sale by Agent

AgentDavid Lillo
BrokerageDPL Real Estate

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