101 Alma Street 601, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 2 bath
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101 Alma Street 601
Palo Alto, California 94301
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,216Sq Ft
0Lot Size
Property Price
LIST PRICE$1,875,000
EST. MARKET VALUE
$1,643,624
14% AboveMARKET VALUE
SUMMARY
This Stunning Move-In Ready Condominium is listed at $1,875,000, reflecting a premium for its prime downtown location and recent high-end renovations. Featuring a substantial remodel with modern finishes and an Excellent Condition Rating, this property offers a turnkey lifestyle with treetop views, a pool, and 24/7 security. Situated within the Palo Alto Unified School District, including the highly-rated Palo Alto High School (9/10), it provides exceptional access to Stanford and transit. This residence is the perfect fit for discerning professionals or downsizing homeowners seeking a secure, luxury urban sanctuary.
Estimated Market Value
$1,643,624
Based on Realkey algorithm analyzing recent comparable sales in Palo Alto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Alma Street 601 Subject 2 bd · 2 ba · 1,216 sqft · $1,352 | $1,875,000* List Price | 2 | 2 | 1,216 | $1,352 | - |
A 722 Ramona Street Sold 2 bd · 1 ba · 1,088 sqft · $1,241 · 0.6 mi | $1,350,000 | 2 | 1 | 1,088 | $1,241 | 0.6 mi |
B 500 Fulton Street 105 Sold 2 bd · 2 ba · 1,080 sqft · $1,261 · 0.7 mi | $1,361,500 | 2 | 2 | 1,080 | $1,261 | 0.7 mi |
C 685 High Street 5a Sold 2 bd · 3 ba · 1,530 sqft · $1,108 · 0.5 mi | $1,695,000 | 2 | 3 | 1,530 | $1,108 | 0.5 mi |
D 165 Forest Avenue 2c Active 2 bd · 2 ba · 1,285 sqft · $1,167 · 0.5 mi | $1,499,800 List Price | 2 | 2 | 1,285 | $1,167 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has just undergone a substantial remodel (<5 years) including a modern kitchen with new stainless steel appliances and quartz countertops, new flooring, lighting, and updated bathroom vanities. While the building dates to 1960, the interior is in mint, move-in-ready condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Palo Alto High School (9/10).
- Prime Downtown Location
The property offers exceptional walkability to downtown Palo Alto, Stanford Shopping Center, and Caltrain, providing residents with unparalleled access to premier dining, shopping, and transit.
- Comprehensive Modern Remodel
The unit has undergone a substantial renovation featuring new lighting, countertops, appliances, and flooring, offering a turnkey, contemporary living space with high-end finishes.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $1,557 per month is significantly high, which may impact the overall affordability and appeal for buyers sensitive to ongoing carrying costs.
- Aging Building Infrastructure
Constructed in 1960, the building's age may present long-term maintenance concerns or lack the modern energy-efficient systems found in newer luxury developments.
About 101 Alma Street 601
Imagine living downtown with treetop views in a beautifully renovated condo with a spacious balcony. 101 Alma is a unique building in downtown Palo Alto with extensive grounds and facilities including a pool, gym, meeting rooms and library. It is also the only unrestricted (no age limit) building with 24/7 door person and security. This unit has just undergone a substantial remodel with new lighting, countertops, appliances, vanities, flooring and fresh paint throughout. The condo also has very generous closets, a separate storage room and is walking distance to downtown, Stanford Shopping Center and Caltrain. Come see your new home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1960
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1557.0 / Month
Neighborhood Insights
Palo Alto Unified Schools
Addison Elementary School
Grades K-5 • 0.9 mi
7/10
David Starr Jordan Middle School
Grades 6-8 • 1.9 mi
8/10
Palo Alto High School
Grades 9-12 • 0.9 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,216 | 1,213.364 |
| Lot Size | - | - |
| Price | $1.88M | $1.39M |
| Price per sq ft | $1.5K | $1.1K |
| Built year | 1960 | 1985 |
| HOA | $1557.0 | $766 |
| Days on market | 9 | 61 |
Pricing History
Listed for Sale
Oct 15, 2026
$1,875,000
Initial Listing
Sold
Aug 14, 2015
$1,600,000
Public Record
Sold
Aug 1, 2012
$711,000
Public Record
Sold
Jun 10, 1997
$370,000
Public Record