123 Gardenia Way, East Palo Alto, California 94303, East Palo Alto, 94303 - 3 bed, 2 bath
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East Palo Alto, California 94303
This Single Family Residence is a Strong Value Opportunity, listed at $950,000—positioned well below the $968,917 Fair Market Value by 2%. This valuation gap offers $18,917 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a solid foundation with dual-pane windows and a spacious 6,366 sqft lot. While the interior reflects its 1951 origins, the strategic location near the Meta campus makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Gardenia Way Subject | $950,000* List Price | 3 | 2 | 1,110 | $873 | - |
A 434 Hibiscus Court Sold | $1,100,000 | 3 | 2 | 1,310 | $840 | 0.3 mi |
B 2060 Pulgas Avenue Sold | $1,075,000 | 4 | 2 | 1,330 | $808 | 0.4 mi |
C 263 Wisteria Drive Pending | $900,000 List Price | 3 | 1 | 1,110 | $811 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property is well-maintained but significantly dated. While it features some updates like dual-pane windows and laminate flooring, the kitchen and bathrooms appear to have been renovated over 20 years ago, featuring older oak cabinetry and tile countertops that require modernization.
The property is ideally situated near the Meta campus, Highway 101, and the Dumbarton Bridge, offering an exceptional commute for Silicon Valley professionals and easy access to major retail hubs like IKEA and Target.
Beyond the primary square footage, the home includes a bonus sunroom and a large 6,366 sqft lot with two storage sheds, providing significant extra utility for a home office, hobby space, or gardening.
The home features attractive upgrades including a tile-designed front porch, dual-pane windows, crown molding, and a mix of laminate and original wood flooring, creating a warm and move-in-ready aesthetic.
With only one full bathroom and one half-bath serving three bedrooms, the layout may present challenges for larger households or those desiring a dedicated primary suite.
Built in 1951, the property may require more intensive long-term maintenance of core systems compared to newer constructions, despite its various cosmetic and window upgrades.
Welcome to 123 Gardenia Way in East Palo Alto, a spacious and bright 3-bedroom, 1-bath, 1/2 bath home offering comfort, convenience, and charming curb appeal. Beautiful tile-designed front porch, attractive planter, low-maintenance landscaping, and a covered sitting porch create a warm and inviting first impression. Features a comp roof, dual-pane windows, crown molding, laminate flooring, beautiful wood flooring in the bedrooms, and a striking brick-pattern accent wall in the living room. Large living room windows fill the space with natural light, while the adjoining dining area offers decorative paneling that adds warmth and character. Kitchen is equipped with tile countertops, wood cabinets, wine rack, gas oven and range, stainless steel dishwasher. Additional amenities include washer and dryer hookups in the attached two-car garage, large driveway providing ample off-street parking, bonus sunroom overlooking the backyard (not included in the home's square footage). Backyard features planter boxes and two storage sheds, providing excellent space for gardening, hobbies, and extra storage. Located near Highway 101, Dumbarton Bridge, Meta campus, Target, Home Depot, IKEA, shopping, dining, parks, it offers an exceptional opportunity to enjoy all that the Peninsula has to offer.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,110 | 1,310 |
| Lot Size | 6,366 | 6,703 |
| Price | $950.0K | $1.26M |
| Price per sq ft | $856 | $854 |
| Built year | 1951 | 1956 |
| HOA | $0 | $0 |
| Days on market | 9 | 44 |
Jul 13, 2026
$950,000
Initial Listing
May 22, 1997
$195,000
Public Record