115 Southwood Drive, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 2 bath
115 Southwood Drive
Palo Alto, California 94301
Property Price
SUMMARY
Analysis of 115 Southwood Drive, Palo Alto, California 94301 reveals a property with a current list price of $4,888,520, which is 6% above the estimated $4,601,525 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 115 Southwood Drive Subject | $4,888,520* List Price | 2 | 2 | 1,988 | $2,315 | - |
A 1033 Guinda Sold | $4,280,000 | 2 | 2 | 1,755 | $2,439 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is in original 1952 condition with no evidence of major renovations in over 70 years. The kitchen and bathrooms feature vintage mid-century cabinetry, tile, and appliances that are well beyond their functional lifespan. While the structure appears maintained, it requires a complete overhaul of all major systems, flooring, and fixtures to meet modern standards. The listing's emphasis on the 12,000 sq ft lot and the potential to build a '3-story palace' confirms that the value lies primarily in the land rather than the current dwelling.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11760, living area = 1988.
- Elite Location and Prestige
Situated in one of Palo Alto's most exclusive neighborhoods, this property offers unparalleled status and proximity to the Silicon Valley tech epicenter, often referred to as a 'Billionaire's Hideaway'.
- Exceptional Development Potential
The expansive 11,760 sq ft lot provides a rare opportunity for investors or end-users to build a significant multi-story luxury estate or expand the existing structure in a high-demand area.
CONSRISKS & DEFICIENCIES
- Dated Configuration
Built in 1952 with a 2-bedroom, 2-bathroom layout, the current structure is undersized for the price point and likely requires a complete rebuild or major renovation to meet modern luxury standards.
- Significant Price Correction
A substantial reduction from the original list price of $6.5M to $4.88M indicates initial overpricing and may suggest a period of market stagnation for the listing.
About 115 Southwood Drive
Situated in one of top 3 Pristine Neighborhoods in Palo Alto, 593 Center Dr (or 85 Southwood Dr) is the cornerstone of all that makes the epicenter for tech in Silicon Valley what it is. Happy families, children, and multi-cultural abundance. The place known as the location where "Billionaire's Go To Hide", this is the center of exclusivity, wealth, and status. Overlooked by Atherton buyers and Old Town Palo Alto buyers, this hidden gem is an end-user or an investor's dream. Build a 3-story palace on this 12,000 sq ft expansive lot or expand onto the original structure, or just move in as-is and enjoy the originality. Once thought and rumored to be built, designed, and lived in by renowned Stanford Professor Henry Hill, this home carries not only the location, but a legacy to go with. Mature Trees line the street of Southwood and the property is ultimately encompassed by a perimeter of privacy. Entrance is off of Southwood. Don't miss your opportunity to own a piece of history, status, and begin your own legacy.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 11,760 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 24% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,988 | 2,316 | 42% |
| Lot Size | 11,760 | 6,729 | 82% |
| Price | $4.89M | $4.50M | 52% |
| Price per sq ft | $2.5K | $2.2K | 67% |
| Built year | 1952 | 1924 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 156 | 3% |
Pricing History
Listed for Sale
Mar 6, 2026
$4,888,520
Initial Listing
Price Change
Mar 5, 2026
$6,520,888
Initial Listing