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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the San Jose metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. Old Palo Alto (Palo Alto, CA)

148 Kingsley Ave, Palo Alto, CA 94301
- List price: $5,500,000
- Beds: 7 | Baths: 7 | Square feet: 4,060
- See 148 Kingsley Ave, Palo Alto, CA 94301 on

1555 Alma St, Palo Alto, CA 94301
- List price: $2,900,000
- Beds: 3 | Baths: 2 | Square feet: 1,316
- See 1555 Alma St, Palo Alto, CA 94301 on

1932 Emerson St, Palo Alto, CA 94301
- List price: $9,988,000
- Beds: 6 | Baths: 6 | Square feet: 5,310
- See 1932 Emerson St, Palo Alto, CA 94301 on

444 Tennyson Ave, Palo Alto, CA 94301
- List price: $24,888,000
- Beds: 5 | Baths: 7 | Square feet: 8,219
- See 444 Tennyson Ave, Palo Alto, CA 94301 on

#2. Community Center (Palo Alto, CA)

1119 Hopkins Ave, Palo Alto, CA 94301
- List price: $6,650,000
- Beds: 5 | Baths: 3.5 | Square feet: 3,568
- See 1119 Hopkins Ave, Palo Alto, CA 94301 on

#3. Crescent Park (Palo Alto, CA)

1301 Forest Ave, Palo Alto, CA 94301
- List price: $3,650,000
- Beds: 3 | Baths: 2 | Square feet: 1,716
- See 1301 Forest Ave, Palo Alto, CA 94301 on

20 Kent Pl, Palo Alto, CA 94301
- List price: $4,198,000
- Beds: 2 | Baths: 2 | Square feet: 1,650
- See 20 Kent Pl, Palo Alto, CA 94301 on

90 Crescent Dr, Palo Alto, CA 94301
- List price: $9,418,000
- Beds: 5 | Baths: 6 | Square feet: 5,213
- See 90 Crescent Dr, Palo Alto, CA 94301 on

961 Channing Ave, Palo Alto, CA 94301
- List price: $2,088,000
- Beds: 2 | Baths: 2 | Square feet: 960
- See 961 Channing Ave, Palo Alto, CA 94301 on

#4. Professorville (Palo Alto, CA)

1027 Waverley St, Palo Alto, CA 94301
- List price: $17,980,000
- Beds: 6 | Baths: 7.5 | Square feet: 7,250
- See 1027 Waverley St, Palo Alto, CA 94301 on

326 Addison Ave, Palo Alto, CA 94301
- List price: $6,750,000
- Beds: 4 | Baths: 4.5 | Square feet: 2,819
- See 326 Addison Ave, Palo Alto, CA 94301 on

535 Kingsley Ave, Palo Alto, CA 94301
- List price: $13,500,000
- Beds: 5 | Baths: 3.5 | Square feet: 5,353
- See 535 Kingsley Ave, Palo Alto, CA 94301 on

536 Addison Ave, Palo Alto, CA 94301
- List price: $3,995,000
- Beds: 3 | Baths: 1 | Square feet: 1,572
- See 536 Addison Ave, Palo Alto, CA 94301 on

#5. North Los Altos (Los Altos, CA)

389 1St St, Los Altos, CA 94022
- List price: $1,795,000
- Beds: 2 | Baths: 2.5 | Square feet: 1,332
- See 389 1St St, Los Altos, CA 94022 on

450 1St St, Los Altos, CA 94022
- List price: $2,148,000
- Beds: 2 | Baths: 2 | Square feet: 1,097
- See 450 1St St, Los Altos, CA 94022 on

477 Lassen St, Los Altos, CA 94022
- List price: $1,098,000
- Beds: 2 | Baths: 2 | Square feet: 1,205
- See 477 Lassen St, Los Altos, CA 94022 on

667 Jay St, Los Altos, CA 94022
- List price: $9,390,000
- Beds: 6 | Baths: 5.5 | Square feet: 5,342
- See 667 Jay St, Los Altos, CA 94022 on