Where: 1290 University Avenue in Paul Alto (listing | google map)
When: Sunday, May 20th, from  1:30-4:30 pm

Palo Alto is the market everyone is going to be watching and talking about. As of this morning, the neighborhood got a little wealthier, as Facebook officially began selling shares on the NASDAQ exchange.

1290 University Avenue is a gracious 4 bd/3 ba home and a magnificent example of the Spanish Colonial architecture practiced by so many of the mid-peninsula’s great architects in the early 1920’s. The appeal is enhanced by its signature arched windows, tiled roof, and covered balconies surrounded by greenery.  The interior is highlighted by hardwood and tiled floors, high ceilings with exposed beams, and large rooms flooded with light. French doors open from almost every room onto wonderful gardens, bursting with color.  The romantic rear garden is a quiet oasis, its sitting areas set against the whisper of a welcoming fountain.  This location on University Avenue in the Crescent Park neighborhood means downtown Palo Alto restaurants, shops, and Stanford University are mere minutes away.

Listed by Alan Dunkel and Derk Brill of the Alain Pinel Realtors Palo Alto office, you have to check it out this weekend - many listings in Palo Alto area are not staying on the market long.