601 Chimalus Drive

This cozy 5 bed 2 bath Barron Park home, is in one of Palo Altos most desirous & sought-after neighborhoods. It is situated in the Henry M. Gunn High School district & is surrounded by Palo Altos most notable employers & Stanford University. Enjoy a cup of coffee in the well lit breakfast room, or enjoy a family dinner in the spacious dining room. The fenced in back yard boasts it's own sense of paradise where you can entertain guests on the private patio.The home has been appraised for 3 Million, but the Sellers wish to sell at a significant price discount so they can stay on the property as holders of a Life Estate. Some basics of the deal are: The Sellers seeking the Life Estate are 87 & 86 years old. According to most California actuarial data, this Life Estate is likely to end in 2025 or 2026. Interested parties should consult with their tax professional for guidance on this matter.