128 Middlefield Road, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 1 bath

128 Middlefield Road, Palo Alto, California 94301 home-pic-0

128 Middlefield Road

Palo Alto, California 94301

ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
910Sq Ft
4,361Lot Size

Property Price

LIST PRICE$1,998,000
EST. MARKET VALUE
$1,837,394
8% AboveMARKET VALUE

SUMMARY

Analysis of 128 Middlefield Road, Palo Alto, California 94301 reveals a property with a current list price of $1,998,000, which is 8% above the estimated $1,837,394 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$1,837,394
Based on Realkey algorithm analyzing recent comparable sales in Palo Alto.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
128 Middlefield Road
Subject
$1,998,000*
List Price
21910$2,019-
A
961 Channing Avenue
Sold
$1,820,00022960$1,8960.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1924, the property has been extensively and recently reimagined with high-end modern finishes. The kitchen is fully remodeled with shaker cabinetry, quartz countertops, and stainless steel appliances, while the spa-inspired bathroom features a floating vanity, dual shower heads, and a bidet-style toilet. The inclusion of vaulted ceilings, skylights, custom built-ins, and a professionally landscaped yard with a putting green indicates a complete renovation where all components meet current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Palo Alto High School (9/10).

  • Prime Location & Elite Schools

    Situated in a highly coveted Palo Alto neighborhood, this property offers walking distance to downtown and Stanford, while providing access to top-tier schools like Palo Alto High.

  • Sophisticated Modern Remodel

    The home features high-end finishes including a chef's kitchen with quartz countertops and a spa-like bathroom with dual shower heads and a bidet-style toilet, blending 1920s character with modern luxury.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 910, other record living area = 856.

  • Limited Bathroom Count

    With only one bathroom serving two bedrooms and a bonus office, the layout may be a significant drawback for families or those who frequently host guests.

  • Compact Square Footage

    At approximately 910 to 1,100 square feet, the interior living space is relatively small for the price point, which may limit appeal for buyers seeking more room to grow.

About 128 Middlefield Road

This beautifully reimagined single-level residence delivers timeless character, modern sophistication, and exceptional indoor-outdoor living on a desirable level lot. Approximately 1,100 square feet of thoughtfully designed space includes two bedrooms, a versatile bonus room/office, and a spa-inspired bathroom. Sunlight fills the inviting living room, anchored by a charming bay window and wood-burning fireplace, while the dining area framed by its own bay window creates an ideal setting for everyday meals and entertaining. The remodeled kitchen is both elegant and functional, featuring shaker cabinetry, quartz countertops, glass tile backsplash, stainless steel appliances, and seamless access to the backyard. The luxurious bathroom offers ceramic tile floors, a floating vanity with lighted mirror, a spacious tiled shower with dual shower heads, built-in bench, frameless glass enclosure, and bidet-style toilet. The primary bedroom includes custom built-ins, and the bonus room impresses with vaulted ceilings, skylights, and French doors opening outdoors. A charming front porch, private backyard retreat with pergola, paver patio, and putting green complete the experience. Ideally located near downtown Palo Alto, Stanford, Caltrain, Highway 101 plus outstanding Palo Alto schools!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1924
Lot Size
4,361 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palo Alto Unified Schools

Addison Elementary School

Grades K-5 • 0.8 mi

7/10

David Starr Jordan Middle School

Grades 6-8 • 1.8 mi

8/10

Palo Alto High School

Grades 9-12 • 1.1 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
24%
Baths1.03.0
12%
Square foot9102,316
9%
Lot Size4,3616,420
18%
Price$2.00M$4.28M
6%
Price per sq ft$2.2K$2.2K
55%
Built year19241924
50%
HOA$0$0
50%
Days on market51156
15%

Pricing History

Listed for Sale

Jan 15, 2026

$1,998,000

Initial Listing

Sold

Mar 5, 2019

$1,800,000

Public Record

Sold

May 31, 1995

$314,000

Public Record

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