
Palo Alto, California 94301
This English Storybook-Style Residence is a Strong Value Opportunity, listed at $3,488,000—positioned well below the $3,682,672 Fair Market Value by 5%. This valuation gap provides $194,672 in Instant Equity. Boasting a Condition Rating of 3, the home features refinished hardwoods, a new oven and refrigerator, and a private backyard with a deck and hot tub. Located in the premier Community Center neighborhood, it offers elite access to Palo Alto High School and Walter Hays Elementary. This is an ideal acquisition for Owner-Occupants seeking a walkable lifestyle or Value-Add Investors looking to modernize a character-rich asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1215 Harriet Street Subject | $3,488,000* List Price | 4 | 2 | 1,748 | $2,107 | - |
A 820 Hamilton Avenue Sold | $4,200,000 | 4 | 2 | 1,952 | $2,152 | 0.7 mi |
B 1085 Emerson Street Sold | $4,130,000 | 4 | 4 | 2,268 | $1,821 | 0.7 mi |
C 1033 Guinda Sold | $4,280,000 | 2 | 2 | 1,755 | $2,439 | 0.3 mi |
D 759 Cowper Street Sold | $3,008,000 | 2 | 1 | 1,400 | $2,149 | 0.6 mi |
E 560 Addison Avenue Sold | $2,800,000 | 2 | 2 | 1,276 | $2,194 | 0.4 mi |
F 848 Boyce Avenue Active | $3,998,000 List Price | 3 | 2 | 2,041 | $1,959 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1935 home has been well-maintained with recent cosmetic updates including refinished hardwood floors, new carpet, and new stainless steel appliances. While the kitchen and bathrooms feature some dated elements like tile countertops and older cabinetry styles, the home is move-in ready and functional, fitting the 5-15 year renovation profile.
High School: Palo Alto High School (9/10).
Situated in the highly coveted Community Center neighborhood, this home offers exceptional walkability to Rinconada Park, University Avenue, and Stanford University, placing it in the heart of Palo Alto's most desirable amenities.
The property provides access to prestigious, high-ranking schools including Walter Hays Elementary and Palo Alto High, which are significant drivers for long-term property value and appeal to families.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1748, other record living area = 1272. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Built in 1935, the home may possess older plumbing, electrical, or insulation systems that could require future capital improvements despite recent cosmetic updates and new appliances.
At nearly $2,000 per square foot for a 1,748-square-foot layout, the property represents a premium price point that may challenge buyers seeking more interior living space for their investment.
Nestled in the heart of Community Center, this English storybook-style home blends timeless character with thoughtful updates in an exceptional walkable location. Refinished hardwood floors, new contemporary flooring, fresh carpet, and a new oven and refrigerator enhance interiors rich with architectural detail, including arched entryways, beamed ceilings, and a welcoming two-level floorplan. The home offers a comfortable layout featuring a living room with fireplace, a dining room that opens outdoors, a bright kitchen, and a dedicated study, while four inviting bedrooms are arranged across both levels for flexibility and privacy. Outside, a peaceful backyard with a deck and hot tub provides an ideal setting for relaxing or entertaining. Just moments from Rinconada Park, Eleanor Pardee Park, University Avenue, Stanford, and commute routes, the home is also within a short walk of Walter Hays Elementary and served by Greene Middle and Palo Alto High (buyer to verify eligibility).
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,748 | 2,057 | 40% |
| Lot Size | 6,000 | 5,625 | 54% |
| Price | $3.49M | $4.20M | 34% |
| Price per sq ft | $2.0K | $2.2K | 31% |
| Built year | 1935 | 1924 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 98 | 3% |
Apr 15, 2026
$3,488,000
Initial Listing