
Palo Alto, California 94301
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $1,495,000—positioned well below the $1,589,703 Fair Market Value by 5%. This valuation gap offers $94,703 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end modern renovations, this home offers a luxury lifestyle with breathtaking panoramic views and 5-star amenities. Located in the Palo Alto Unified School District, it is an ideal acquisition for discerning professionals or owner-occupants seeking a premium, turnkey residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Alma Street 503 Subject | $1,495,000* List Price | 2 | 2 | 1,429 | $1,112 | - |
A 101 Alma Street 201 Sold | $1,275,000 | 2 | 2 | 1,216 | $1,049 | 0.0 mi |
B 101 Alma Street 908 Sold | $1,500,000 | 2 | 2 | 1,491 | $1,006 | 0.0 mi |
C 101 Alma Street 407 Sold | $1,495,000 | 2 | 2 | 1,444 | $1,035 | 0.0 mi |
D 500 Fulton Street 105 Sold | $1,361,500 | 2 | 2 | 1,080 | $1,261 | 0.7 mi |
E 685 High Street 5a Sold | $1,695,000 | 2 | 3 | 1,530 | $1,108 | 0.5 mi |
F 425 Alma Street 309 Sold | $1,100,000 | 2 | 2 | 890 | $1,236 | 0.3 mi |
G 101 Alma Street 301 Active | $1,800,000 List Price | 2 | 2 | 1,457 | $1,235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete high-end modern renovation within the last 5 years. It features a designer kitchen with custom cabinetry and stainless appliances, updated bathrooms with marble mosaic tiling and floating toilets, and new engineered flooring throughout, meeting the criteria for mint condition with no maintenance required.
High School: Palo Alto High School (9/10).
Situated in the heart of Palo Alto, this property offers unparalleled walkability to vibrant downtown shops, restaurants, Stanford University, and top-rated Palo Alto Unified schools.
The unit features a complete contemporary update with high-end finishes, including marble mosaic tiling, custom cabinetry, and walls of glass that showcase stunning western views of the hills and Stanford.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1429, other record living area = 1216.
The monthly HOA fee of $1,419 is substantial, which significantly increases the monthly carrying costs and may impact overall affordability for some buyers.
While the unit itself is modern and updated, the 1960 construction date suggests that the building's core infrastructure and common systems are aging, potentially leading to future assessments.
Modern luxury with breathtaking views in downtown Palo Alto! Completely updated with walls of glass, designer hardware, clean lines, engineered flooring, fresh paint and chic style throughout. Open floorplan concept with an abundance of natural light. A stylish yet functional kitchen with stainless appliances, custom cabinetry, sleek counters and comfortable breakfast bar. Two bathrooms, including a primary ensuite with walk in showers, marble mosaic tiling, frameless glass floating toilets, sharp lighting and elegant vanities. In unit laundry included. Formal entry, plenty of closet space and central hall leading to two private bedrooms. 5 star amenities that include concierge, pool, fitness center, club room and pool. A+ corner location with western views of the community pool and grounds. Stanford University, the surrounding hills and incredible sunsets. Close proximity to all that Palo Alto has to offer - vibrant downtown shops and restaurants, Stanford Shopping Center, Standford University, parks, recreation and public transportation.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,429 | 1,126.5 |
| Lot Size | - | - |
| Price | $1.50M | $1.31M |
| Price per sq ft | $1.0K | $1.1K |
| Built year | 1960 | 1988 |
| HOA | $1419.0 | $834 |
| Days on market | 16 | 49 |
Aug 24, 2026
$1,495,000
Initial Listing
Feb 15, 2018
$1,875,000
Public Record
Dec 15, 2015
$1,300,000
Public Record