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148 Kingsley Avenue, Palo Alto, California 94301, Palo Alto, 94301 - 7 bed, 8 bath

148 Kingsley Avenue, Palo Alto, California 94301 home-pic-0
ACTIVE$5,500,000
148 Kingsley Avenue, Palo Alto, California 94301
7Beds
8Baths
4,060Sqft
10,000Lot

Price Vs. Estimate

The estimated value ($5,500,000) is $0 (0%) lower than the list price ($5,500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Central Palo Alto Location: The property boasts an exceptional location, a short stroll from Stanford University, Town and Country shopping center, Downtown Palo Alto, and highly-rated local schools, offering unparalleled convenience and desirability.
Top Cons:
Limited Natural Green Space: The lot is described as 'fully paved with pavers,' with photos digitally enhanced to show grass, indicating a lack of traditional natural lawn or extensive landscaping which may not appeal to all buyers.

Compared to the nearby listings

Price:$5.50M vs avg $5.10M (+$401,000)58%
Size:4,060 sqft vs avg 2,551 sqft89%
Price/sqft:$1.4K vs avg $2.1K3%

More Insights

Built in 2000 (25 years old).
Condition: The property was built in 2000, making it 24 years old. While meticulously built and well-maintained with quality features like oak flooring and Andersen windows, the kitchen and bathroom styles appear to be original to the build year or updated within the 15-20 year range. The kitchen features dark wood cabinets and black granite, and the bathrooms have tiled floors and showers with vanities that, while clean and functional, reflect an early 2000s aesthetic rather than a recent, extensive renovation. The property is move-in ready but would benefit from minor cosmetic updates to align with current design trends.
Year Built
2000
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
$1,355
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021381
Home ConditionFair
Features
Patio
View-

About this home

Incredible estate with three separate structures totaling over 5500 square feet an amazing price per square foot value for the extremely competitive central Palo Alto housing market. Boasting a convenient and central location just a short stroll to Stanford, Town and Country shopping center, Downtown Palo Alto, local area schools and much more! Lovingly and meticulously built by the architect-owner for his family, the home feels private and quiet once you are on the lot or inside. In the front of the home, a gorgeous mature City of Palo Alto heritage Oak Tree greets you. The spacious long and deep lot is fully paved with pavers with a lush yard in the back. Note: Some photos have been digitally enhanced to add grass areas where pavers currently are. This special home has extensive possibilities: a family estate (potential for grandparents, grown children, au pair units etc), a highly functional work and live space, or a unique set-up for local Stanford or Castilleja School students. The house features vaulted ceilings, light-drenched interiors, oak flooring throughout, Andersen windows and doors, window skylights, and the potential for an elevator to be added. Ample on-site parking for visitors in front of and behind the main gate. You can't miss it!

Nearby schools

7/10
Addison Elementary School
Public,•K-5•0.6mi
8/10
Walter Hays Elementary School
Public,•K-5•0.6mi
8/10
David Starr Jordan Middle School
Public,•6-8•1.1mi
9/10
Palo Alto High School
Public,•9-12•0.2mi
Condition Rating
Fair
The property was built in 2000, making it 24 years old. While meticulously built and well-maintained with quality features like oak flooring and Andersen windows, the kitchen and bathroom styles appear to be original to the build year or updated within the 15-20 year range. The kitchen features dark wood cabinets and black granite, and the bathrooms have tiled floors and showers with vanities that, while clean and functional, reflect an early 2000s aesthetic rather than a recent, extensive renovation. The property is move-in ready but would benefit from minor cosmetic updates to align with current design trends.
Pros & Cons

Pros

Prime Central Palo Alto Location: The property boasts an exceptional location, a short stroll from Stanford University, Town and Country shopping center, Downtown Palo Alto, and highly-rated local schools, offering unparalleled convenience and desirability.
Unique Multi-Structure Estate: Comprising three separate structures totaling over 5500 square feet, this estate offers remarkable flexibility for multi-generational living, dedicated work-from-home spaces, or potential student housing.
Architect-Owner Quality & Design: Meticulously built by the architect-owner, the home features high-quality finishes such as vaulted ceilings, light-drenched interiors, oak flooring throughout, Andersen windows and doors, and skylights.
Competitive Price Per Square Foot: The property offers an 'amazing price per square foot value' for the highly competitive central Palo Alto housing market, suggesting a strong investment opportunity.
Versatile Use Potential: Its configuration and size lend themselves to diverse uses, including a grand family estate, a highly functional live/work environment, or a unique setup for local university/school students.

Cons

Limited Natural Green Space: The lot is described as 'fully paved with pavers,' with photos digitally enhanced to show grass, indicating a lack of traditional natural lawn or extensive landscaping which may not appeal to all buyers.
Potential for Future Investment (Elevator): While the 'potential for an elevator to be added' is noted, its current absence means a buyer desiring this feature would incur significant additional costs and construction.
Age of Core Systems: Built in 2000, the property's core systems (e.g., HVAC, water heater) are 24 years old, and while likely well-maintained, they may be nearing the end of their typical lifespan, potentially requiring future replacement.

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