Palo Alto, CA residents and other frequenters of University Avenue will recognize the Squire House, though they may not know it by name. It’s the “white house” at 900 University Ave, and it’s on the market, yours for $12,500,000. According to the Redfin blog, this 1905 house was almost demolished in the 1960s but it was ultimately preserved and put on the National Register of Historic Places. Redfin also says that Palo Alto owns an easement for the façade so that owners can’t alter it, but to make up for that, owners get tax breaks, which may be not unsubstantial for a home of this price in that neighborhood.