A $9.3 million smart prefab home in the Bay Area is now on sale and is designed to attract local tech executives — see inside

The 993 Los Robles Ave home in Palo Alto, California.Veev

• Construction tech company Veev's Silicon Valley prefab home can be yours for $9.3 million.
• Prefabrication can be more time, cost, waste, and labor efficient compared to traditional construction.

One of the latest homes to enter Silicon Valley's real estate market — 993 Los Robles Ave in Palo Alto, California — may look like any other luxury home in the area.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Source: Insider

After all, the unit has all of the classic opulent family home amenities — like smart home features and an elevator — all within a 15-minute drive from hotspots like Stanford University and Googleplex.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

But the house hides a major secret that sets it apart from all the other luxury homes in the neighborhood.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Unlike traditional homes that are built on-site from the ground up, the $9.3 million 993 Los Robles home is a prefabricated house, which means parts of the home were built off-site in a factory.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Construction technology company Veev is the brains behind the 933 Los Robles home, which has now been on the market for a little over 100 days, according to Zillow.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Source: Zillow

The company specializes in prefabricated homes — from multi-family houses to smaller backyard units — with an effort to "bring the housing industry into modern times," according to its website.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Source: Veev

"Our modular construction takes the approach of a home as a product, and we designed a [panelized] system that can build anything," Dafna Akiva, Veev's co-founder and CRO, told Insider in an interview. "A home is the most important, expensive product anybody has."

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Veev's system, which Akiva compares to a Lego kit, can then create a home of any size and design.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Like other prefab home makers, Akiva believes prefabrication can help alleviate the housing crisis: The homebuilding method is often considered more time, cost, waste, and labor efficient compared to traditional construction.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

"Traditional construction doesn't need to be replaced, there just needs to be more ways of building," she said. "Without innovation in this space, the housing crisis will not be solved."

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Veev's full prefab construction system can create the walls of a home while integrating it with electricity, plumbing, lighting, and sensors, all inside of its factory. This system then allows the company to build a home four times faster than traditional construction, according to Akiva.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Source: Veev

The Los Robles house's steel structure was fabricated off-site, and its automation system — which Akiva calls the "brain" of the "digital house" — arrived on-site as a "kit" that could be installed.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

But because the home was built with an earlier version of Veev's system, aspects like the walls and paint were still completed on-site via traditional construction methods, Akiva noted.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

The home was completed about three months ago, but it'll be one of the company's last high-end projects.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Moving forward, the team wants to shift its focus towards growing the company and alleviating the housing crisis, "and this you can't do with one-off $10 million homes," Akiva said.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Given the price range, Akiva says Veev's buyers are often executives and people in their 30s to 50s working in the tech industry, often with a family. But no matter the age, Veev's buyers are almost all looking for a modern home with integrated technology, Akiva said.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Let's take a look inside 993 Los Robles, which has the prime price tag and location to attract a Silicon Valley executive.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

The home has five bedrooms, seven bathrooms, and a two-car garage, amounting to a little over 5,380 square feet.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

The kitchen is right off the garage and leads into the dining and living room.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Source: 993 Los Robles

This floor also has access to the elevator, a lightwell, a half bathroom …

The 993 Los Robles Ave home in Palo Alto, California.      Veev

… three bedrooms with en-suite bathrooms, and the primary bedroom with a walk-in closet and bathroom.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

The lower floor then has the final bedroom with a bathroom, family room, media room …

The 993 Los Robles Ave home in Palo Alto, California.      Veev

… bathroom, gym, laundry room, and mechanical room.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

Given its tech-forward location, it should be no surprise that the house is also "digital."

The 993 Los Robles Ave home in Palo Alto, California.      Veev

The home doesn't have any light switches. Instead, its amenities — like the lights and temperature — can be controlled through a phone or by using the touch panels that have been flushed into the house's walls.

The 993 Los Robles Ave home in Palo Alto, California.      Veev

And there may be no backyard pool, but the home has been permitted for one in case its future owners want their own swimming hole: "This is the kind of thinking that is a product thinking," Akiva said.

The 993 Los Robles Ave home in Palo Alto, California.      Veev