WorldTop StoryTop StoryLatest News
Palo Alto's Historic Squire House Listed for Nearly $20 Million
Sentiment: NeutralHigh Priority
What Happened?
The Squire House, a century-old mansion in Palo Alto, California, is back on the market for $19.988 million. This historic estate was saved from demolition through community efforts.
Key points
- The Squire House was built in 1904 for John Adams Squire and his wife, Georgiana.
- The mansion spans 7,794 square feet, with an additional 600-square-foot guest house.
- It is recognized as California Historical Landmark No. 857 and is on the National Register of Historic Places.
- The property was saved from demolition in the 1970s through a community-led campaign.
- The current asking price is $19.988 million, marking its first sale since 1999.
Key insights
- The successful preservation of the Squire House may encourage similar efforts for other historic properties.
- The high asking price reflects the growing demand for historic homes in desirable locations.
- Community involvement in preservation can lead to significant changes in local real estate dynamics.
Why it matters
The sale of the Squire House could influence future preservation efforts in Palo Alto.
Tags
Entities
Squire House· LocationPalo Alto· CityCalifornia· StateJohn Adams Squire· PersonGeorgiana Squire· Person
Source
Times of India
