Grand scale, timeless architectural details, 10 foot tall ceilings throughout the living spaces, and a park-like backyard are the hallmarks of this stately home in downtown Palo Alto. Through the formal entry with double-height ceiling and a grand staircase, the living room features north and south exposures for beautiful natural light throughout the day and opens to the formal dining room. Thoughtfully updated with a nod to the traditional architecture of the home, the kitchen offers abundant counter and storage space, a Viking Professional range, and a walk-in pantry. Adjacent to the kitchen, the breakfast room opens to the deck overlooking the backyard, the perfect spot for al-fresco dining. The primary bedroom is expansive with a sitting area, two walk-in closets and en-suite bathroom with in-floor heating, double-sink vanity and walk-in shower. A rooftop deck offers a tranquil vantage point to enjoy the surrounding greenery and views of Downtown. Despite being minutes away from University Avenue, the grounds of 101 Waverley feel like an oasis, embellished with mature plantings and multiple spaces to gather and relax. With an 11,250+/- sq.ft. lot, the possibilities for expansion and development are considerable. A unique and remarkable home.