1409 Parkinson Avenue, Palo Alto, California 94301, Palo Alto, 94301 - 3 bed, 2 bath

1409 Parkinson Avenue, Palo Alto, California 94301 home-pic-0
ACTIVE$4,850,000
1409 Parkinson Avenue, Palo Alto, California 94301
3Beds
2Baths
1,522Sqft
8,820Lot

Price Vs. Estimate

The estimated value ($4,308,028.29) is $541,971.71 (11%) lower than the list price ($4,850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Located in Palo Alto's highly desirable Community Center neighborhood, offering exceptional convenience and prestige.
Top Cons:
Age of Property & Potential for Updates: Built in 1949, the property may have older systems (e.g., plumbing, electrical, HVAC) that could require significant updates or maintenance in the near future.

Compared to the nearby listings

Price:$4.85M vs avg $4.89M ($-36,500)50%
Size:1,522 sqft vs avg 2,386.5 sqft22%
Price/sqft:$3.2K vs avg $2.1K89%

More Insights

Built in 1949 (76 years old).
Condition: Built in 1949, this property has undergone significant updates that make it move-in ready. The main living areas feature well-maintained hardwood floors. The main kitchen boasts granite countertops and functional appliances, though the black appliances appear somewhat dated compared to current trends. A separate ADU/studio space presents a more modern kitchen with stainless steel appliances and a recently updated bathroom featuring a glass-enclosed shower and contemporary vanity. While not a brand-new renovation, the property shows evidence of extensive updates within the last 5-15 years in key areas, ensuring it is well-maintained and does not require immediate repairs or major renovations.
Year Built
1949
Close
-
List price
$4.85M
Original List price
$4.85M
Price/Sqft
$3,187
HOA
-
Days on market
-
Sold On
-
MLS number
ML82020360
Home ConditionGood
Features
Patio
View-

About this home

Located in Palo Alto's highly desirable Community Center neighborhood, this home combines comfort, convenience, and a light-filled layout. With its prime location, generous lot, and versatile spaces, it presents an excellent opportunity to create your vision in the heart of Palo Alto. The main level features an open floor plan with hardwood floors and a welcoming living room centered around a brick fireplace. The upgraded kitchen, appointed with granite countertops, seamlessly connects to the dining and living areas, ideal for everyday living and entertaining. A flexible unfinished basement with its own fireplace adds valuable extra space, perfect for a family room, gym, or storage. Outdoors, the yard is framed by mature, native landscaping, fruit trees, and a cutting garden, with a chicken coop adding charm. A private parking spot is conveniently accessed via a quiet alleyway. This home is near Rinconada Park, the Palo Alto Art Center, Rinconada Library, pool, and tennis courts, as well as the Lucie Stern Community Center, Children's Theatre, and Junior Museum and Zoo. Families will appreciate the access to top-rated public schools.

Nearby schools

8/10
Walter Hays Elementary School
Public,K-50.3mi
8/10
Duveneck Elementary School
Public,K-50.4mi
7/10
Addison Elementary School
Public,K-50.6mi
8/10
David Starr Jordan Middle School
Public,6-80.6mi
9/10
Palo Alto High School
Public,9-121.1mi
Condition Rating
Good

Built in 1949, this property has undergone significant updates that make it move-in ready. The main living areas feature well-maintained hardwood floors. The main kitchen boasts granite countertops and functional appliances, though the black appliances appear somewhat dated compared to current trends. A separate ADU/studio space presents a more modern kitchen with stainless steel appliances and a recently updated bathroom featuring a glass-enclosed shower and contemporary vanity. While not a brand-new renovation, the property shows evidence of extensive updates within the last 5-15 years in key areas, ensuring it is well-maintained and does not require immediate repairs or major renovations.
Pros & Cons

Pros

Prime Location: Located in Palo Alto's highly desirable Community Center neighborhood, offering exceptional convenience and prestige.
Access to Top-Rated Schools & Amenities: Proximity to top-rated public schools (Addison, Walter Hays, Palo Alto High, Jordan Middle) and extensive community amenities like Rinconada Park, Art Center, Library, and Community Center.
Upgraded Kitchen & Desirable Interior: Features an upgraded kitchen with granite countertops and an open floor plan with hardwood floors, enhancing modern living and entertaining.
Generous Lot & Charming Outdoor Space: A substantial 8820 sqft lot with mature, native landscaping, fruit trees, a cutting garden, and a unique chicken coop, providing a private and appealing outdoor environment.
Versatile Unfinished Basement: Offers a flexible unfinished basement with a fireplace, presenting significant potential for customization as a family room, gym, or additional storage.

Cons

Age of Property & Potential for Updates: Built in 1949, the property may have older systems (e.g., plumbing, electrical, HVAC) that could require significant updates or maintenance in the near future.
Unfinished Basement Requires Investment: The 'flexible unfinished basement' offers potential but necessitates additional investment and renovation to be fully utilized as a finished living space.
Modest Interior Square Footage: With 1522 sqft, the interior living space is relatively modest for a property in this highly desirable Palo Alto neighborhood, especially given its high list price, which might limit appeal for buyers seeking more expansive living areas.

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