
East Palo Alto, California 94303
This Turnkey Townhouse is a Strong Value Opportunity, listed at $898,000—positioned well below the $984,227 Fair Market Value by 8%. This valuation gap offers $86,227 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, private courtyard, and access to a Pool and Spa. While school ratings are modest, the proximity to major tech hubs and Stanford University ensures high demand. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Mission Drive Subject 2 bd · 3 ba · 1,510 sqft · $652 | $898,000* List Price | 2 | 3 | 1,510 | $652 | - |
A 142 Mission Drive Sold 2 bd · 2 ba · 1,280 sqft · $750 · 0.1 mi | $960,000 | 2 | 2 | 1,280 | $750 | 0.1 mi |
B 117 Mission Drive Active 2 bd · 3 ba · 1,510 sqft · $613 · 0.0 mi | $924,888 List Price | 2 | 3 | 1,510 | $613 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The 1980 townhouse has been tastefully renovated and is in move-in ready condition. It features an updated kitchen with granite countertops, modern laminate flooring, new plush carpeting, LED recessed lighting, and double-pane windows, showing excellent maintenance and functionality.
The townhouse features tasteful updates including granite countertops, LED recessed lighting, and double-pane windows, offering a move-in-ready experience for modern buyers.
Ideally situated near major tech hubs, Stanford University, and Downtown Palo Alto with easy 101 freeway access, making it a premier choice for commuters.
Rare for townhomes, this unit includes both a private courtyard and a backyard, providing significant outdoor space complemented by gated community amenities like a pool and hot tub.
The assigned elementary and middle schools have low performance ratings (2/10), which may impact long-term resale value and appeal to families prioritizing education.
The $460 monthly association fee adds a significant recurring expense to the ownership cost, which may affect the purchasing power of budget-conscious buyers.
Welcome to Mission Palo Alto, a private gated community with only 50 units. This tastefully renovated 2 bed 2.5 bath Townhouse boasts a spacious 1,510 sqft of living space spread out between two-levels with a private courtyard and backyard. The main level offers a beautifully equipped kitchen with granite countertops, an open concept of dining area to living room combo with laminate floors, a wood burning fireplace with a mounted flat screen TV, LED recessed lighting, double-pane windows, sliding glass door opening to the backyard, and a half bathroom off the kitchen. The second level offers plush carpeting, LED recessed lighting, a large primary bedroom with a sliding glass door, wall-to-wall closets and a beautiful full bathroom with dual vanity sink, a hallway full bathroom, a hallway closet with side-by-side washer/dryer, a spacious second bedroom with a sliding glass door and wall-to-wall closets. Community grounds offer; a gated Pool and Hot Tub with outdoor furniture, and guest parking spaces. Close proximity to; Edgewood Shopping Plaza, Downtown Palo Alto Restaurants & Retail Shops, Stanford University & Stanford Shopping Center, Major Tech Companies. A commuters delight with easy access to the 101 Freeway. Pets allowed.
No exterior & parking available.
Grades K-8 • 1.3 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,510 | - |
| Lot Size | 191,489.766 | - |
| Price | $898.0K | $960.0K |
| Price per sq ft | $595 | $750 |
| Built year | 1980 | 0 |
| HOA | $460.0 | $0 |
| Days on market | 43 | 34 |
Sep 11, 2026
$898,000
Initial Listing
Sep 30, 2022
$865,000
Public Record
Dec 24, 2019
$125,000
Public Record
Aug 13, 2014
$510,000
Public Record