1080 Moffett Circle, Palo Alto, California 94303, Palo Alto, 94303 - 3 bed, 2 bath
1080 Moffett Circle
Palo Alto, California 94303
Property Price
SUMMARY
Analysis of 1080 Moffett Circle, Palo Alto, California 94303 reveals a Fairly Priced Property with a current list price of $2,698,000 aligned with the estimated $2,710,852 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1080 Moffett Circle Subject | $2,698,000* List Price | 3 | 2 | 1,161 | $2,335 | - |
A 527 Rhodes Drive Sold | $3,301,000 | 3 | 2 | 1,387 | $2,380 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained 1951 home that features significant recent maintenance including a new roof (2025) and new LVT/carpet flooring. However, the kitchen and bathrooms remain dated with older tile countertops and cabinetry, and the radiant heating system is an aged feature. While the home is clean and functional, the listing explicitly identifies it as an opportunity for updating or redevelopment, placing it in the 'fair' category due to its original mid-century components and lack of a full modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Palo Alto High School (9/10).
- Premier Location & Schools
Situated in the highly coveted Palo Alto Unified School District with top-rated schools like Palo Alto High, this property offers exceptional long-term value and prestige.
- Significant Development Potential
The 6,003 sqft pie-shaped lot and existing layout provide an excellent opportunity for a complete remodel or redevelopment in a prime Silicon Valley neighborhood.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6003, other record lot size in square feet = 5904.
- Dated Interior & Systems
Built in 1951, the home features original elements like tile countertops and radiant heating which may require costly modernization to meet current luxury standards.
- High Price per Square Foot
With only 1,161 square feet of living space at a $2.698M price point, the property represents a high entry cost that primarily reflects land value rather than finished square footage.
About 1080 Moffett Circle
Welcome to your new home in the vibrant city of Palo Alto! This charming residence offers 3 bedrooms & 2 full bathrooms, all conveniently located on the ground floor. Excellent Opportunity to update, remodel or redevelope! As you step inside, you'll appreciate the high ceilings and open beam ceiling enhanced by skylights, creating a bright & welcoming atmosphere. The kitchen is well-equipped with a 220 Volt Outlet, electric cooktop, built-in oven, double oven, & an assortment of modern appliances including a dishwasher & refrigerator. The tile countertops add a touch of elegance & practicality. The dining area, designed as a Dining "L", provides ample space for family meals or entertaining guests. New Flooring throughout the home features a combination of carpet, tile & LVT. The cozy living room includes a fireplace, perfect for creating a warm ambiance. Radiant Heat provides passive warmth thruout. New Roof in 2025. Attached 2-car garage, which also includes a washer & dryer plus laundry sink. Mature Landscaping and the pie shaped lot offers multiple outdoor areas including a back patio & area for a fire pit, storage are and wide backyard. This home falls within the Palo Alto Unified School District. Enjoy the benefits of this delightful home on a quaint circle street!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,003 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palo Alto Unified Schools
Jane Lathrop Stanford Middle School
Grades 6-8 • 1.3 mi
Palo Alto High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,161 | 1,500 | 28% |
| Lot Size | 6,003 | 6,211 | 45% |
| Price | $2.70M | $2.70M | 50% |
| Price per sq ft | $2.3K | $1.3K | 83% |
| Built year | 1951 | 1952 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 155 | 2% |
Pricing History
Listed for Sale
Mar 4, 2026
$2,698,000
Initial Listing