Realkey.ai
RealKey
‪(213) 433-7766‬

1015 High Street, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 3 bath

1015 High Street, Palo Alto, California 94301 home-pic-0
ACTIVE$3,350,000$2,526/sqft
Est. Value: $3,752,692
12%
BelowEstimate
1015 High Street, Palo Alto, California 94301
2Beds
3Baths
2,526Sqft
5,250Lot

Price Vs. Estimate

The estimated value ($3,752,691.52) is $402,691.52 (12%) higher than the list price ($3,350,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in Palo Alto's coveted Professorville neighborhood, the property offers exceptional walkability to downtown amenities and quick access to Stanford University, enhancing its desirability and long-term value.
Top Cons:
Age-Related Maintenance Considerations: As a 1915-built home, despite its charm and described modern comforts, potential buyers may anticipate ongoing maintenance or future upgrade costs associated with an older property's infrastructure.

Compared to the nearby listings

Price:$3.35M vs avg $4.50M ($-1,150,000)26%
Size:2,526 sqft vs avg 2,441 sqft51%
Price/sqft:$1.3K vs avg $2.1K3%

More Insights

Built in 1915 (111 years old).
Condition: This 1915 Craftsman home features a recently and extensively renovated kitchen with modern white cabinetry, stainless steel appliances, and updated lighting, making it a standout feature. The main living areas and bedrooms also boast modern light wood-look flooring and fresh paint, indicating significant updates. However, at least two of the three bathrooms are notably dated in terms of tile work and fixtures, suggesting they have not been renovated recently. While the property is largely move-in ready and well-maintained, the dated bathrooms prevent it from achieving an 'Excellent' score, placing it firmly in the 'Good' category where some components are updated but a full recent renovation hasn't occurred across all areas.
Year Built
1915
Close
-
List price
$3.35M
Original List price
$3.35M
Price/Sqft
$1,326
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030908
Home ConditionGood
Features
Deck
Spa
Patio
View-

About this home

Located in Palo Alto's coveted Professorville neighborhood, this classic Craftsman blends historic charm with modern comfort. Just steps from downtown and minutes to Stanford, the spacious home offers both convenience and tranquility. The 2,526 square foot layout is ideal for everyday living and entertaining, centered around an expansive sunlit kitchen. The home offers two bright en-suite bedrooms upstairs, complemented by a formal dining room and a classic living room that reflect the home's timeless character. A finished lower level adds versatility with a large family room, a multipurpose room (previously used as a bedroom and home office) and a full bathroom. The one-car detached garage has heating and an additional bathroom. This home's spacious and flexible floor plan could comfortably support multigenerational families with ease! A private backyard retreat features a deck and a hot tub tucked beneath a wisteria-wrapped pergola - an inviting spot for quiet evenings or easy entertaining. First time on the market in 45 years! With top-rated Palo Alto schools and a rich architectural legacy, this home is a rare find!

W
Wendie Karel
Listing Agent
Condition Rating
Good
This 1915 Craftsman home features a recently and extensively renovated kitchen with modern white cabinetry, stainless steel appliances, and updated lighting, making it a standout feature. The main living areas and bedrooms also boast modern light wood-look flooring and fresh paint, indicating significant updates. However, at least two of the three bathrooms are notably dated in terms of tile work and fixtures, suggesting they have not been renovated recently. While the property is largely move-in ready and well-maintained, the dated bathrooms prevent it from achieving an 'Excellent' score, placing it firmly in the 'Good' category where some components are updated but a full recent renovation hasn't occurred across all areas.
Pros & Cons

Pros

Prime Location: Situated in Palo Alto's coveted Professorville neighborhood, the property offers exceptional walkability to downtown amenities and quick access to Stanford University, enhancing its desirability and long-term value.
Historic Charm & Modern Comfort: This classic 1915 Craftsman home beautifully blends its rich architectural legacy with modern comforts, appealing to buyers seeking character without sacrificing contemporary living standards.
Versatile & Spacious Floor Plan: The 2,526 sqft layout, including a finished lower level with a family room and multipurpose space, provides significant flexibility to accommodate various needs, including multigenerational living.
Exceptional Outdoor Retreat: A private backyard featuring a deck and a hot tub under a wisteria-wrapped pergola offers an inviting and serene space for relaxation and entertaining.
Top-Rated School District: Access to top-rated Palo Alto schools is a significant draw for families, contributing to the property's strong market appeal and investment potential.

Cons

Age-Related Maintenance Considerations: As a 1915-built home, despite its charm and described modern comforts, potential buyers may anticipate ongoing maintenance or future upgrade costs associated with an older property's infrastructure.
Limited Dedicated Bedrooms: With only two primary en-suite bedrooms, the property's bedroom count might be considered low for its 2,526 sqft size and potential appeal to larger or multigenerational families, despite the versatile lower-level room.
Single-Car Garage: The detached one-car garage, while heated and including an additional bathroom, offers limited parking and storage capacity for a family-sized home in this desirable area, potentially requiring street parking for additional vehicles.
Browse Properties by State Browse housing market trends by state