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1555 Alma Street, Palo Alto, California 94301, Palo Alto, 94301 - 3 bed, 2 bath

1555 Alma Street, Palo Alto, California 94301 home-pic-0
ACTIVE$2,900,000
1555 Alma Street, Palo Alto, California 94301
3Beds
2Baths
1,316Sqft
5,660Lot

Price Vs. Estimate

The estimated value ($2,900,000) is $0 (0%) lower than the list price ($2,900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Palo Alto High School (9/10).
Top Cons:
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a significant functional limitation for families or multiple occupants.

Compared to the nearby listings

Price:$2.90M vs avg $4.71M ($-1,811,500)19%
Size:1,316 sqft vs avg 2,386.5 sqft17%
Price/sqft:$2.2K vs avg $2.1K69%

More Insights

Built in 1937 (88 years old).
Condition: Despite being built in 1937, this property has undergone an extensive and high-quality renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances, contemporary countertops, and a stylish backsplash, all appearing virtually new. Both bathrooms are also fully updated with modern vanities, fixtures, tiling (marble-look in one, patterned and subway in the other), and glass-enclosed showers, reflecting current design trends. Throughout the home, there are new hardwood floors, recessed lighting, and modern light fixtures. The description also notes a modern tankless water heater. While the underlying structure is older, the visible and functional components have been brought to an excellent, move-in ready standard, meeting the criteria for an extensively renovated property within the last 5 years.
Year Built
1937
Close
-
List price
$2.9M
Original List price
$3.5M
Price/Sqft
$2,204
HOA
-
Days on market
-
Sold On
-
MLS number
ML82014936
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

Nestled in the heart of Palo Alto, this charming 3b/1b 1316 sf 1.5-story home on a beautifully landscaped 5672 lot offers the perfect blend of comfort, convenience, and character. Situated within the highly-rated Palo Alto school district (Walter Hays, Greene Middle, & Palo Alto High), this location offers well-connected community opportunities. Just a short walk from the nearby train station, commuting and exploring the Bay Area is a breeze. The home is located in a highly walkable neighborhood with cafes, shops, and parks just steps away. Inside, a stylish color palette featuring soft neutrals, warm wood tones, and clean modern finishes creates a welcoming and timeless atmosphere. The finished lower level offers flexible space ideal for a home office, media room, or guest suite. A modern tankless water heater ensures energy efficiency, while the beautifully landscaped backyard enclosed by a rich wood fence offers a private oasis for outdoor dining, gardening, or simply relaxing. With its spacious outdoor setting and thoughtfully updated features, this home is an exceptional find in one of Silicon Valleys most desirable communities.

Nearby schools

8/10
Walter Hays Elementary School
Public,•K-5•0.6mi
7/10
Addison Elementary School
Public,•K-5•0.8mi
8/10
David Starr Jordan Middle School
Public,•6-8•0.9mi
9/10
Palo Alto High School
Public,•9-12•0.4mi
Condition Rating
Excellent
Despite being built in 1937, this property has undergone an extensive and high-quality renovation, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, stainless steel appliances, contemporary countertops, and a stylish backsplash, all appearing virtually new. Both bathrooms are also fully updated with modern vanities, fixtures, tiling (marble-look in one, patterned and subway in the other), and glass-enclosed showers, reflecting current design trends. Throughout the home, there are new hardwood floors, recessed lighting, and modern light fixtures. The description also notes a modern tankless water heater. While the underlying structure is older, the visible and functional components have been brought to an excellent, move-in ready standard, meeting the criteria for an extensively renovated property within the last 5 years.
Pros & Cons

Pros

Great Schools: High School: Palo Alto High School (9/10).
Prime Palo Alto Location: Nestled in the heart of Palo Alto, this property is situated in one of Silicon Valley's most desirable and high-demand communities.
Top-Rated School District: The home is zoned within the highly-rated Palo Alto school district, including Walter Hays, Greene Middle, and Palo Alto High, a major draw for families.
Exceptional Walkability & Local Amenities: Located in a highly walkable neighborhood with cafes, shops, and parks just steps away, offering a vibrant and convenient lifestyle.
Convenient Commuter Access: A short walk from the nearby train station provides excellent commuter access, making travel throughout the Bay Area a breeze.
Flexible Living Space & Private Outdoor Oasis: The finished lower level offers versatile space for a home office or guest suite, complemented by a beautifully landscaped and private backyard.

Cons

Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a significant functional limitation for families or multiple occupants.
Older Home Infrastructure: Built in 1937, the property may have aging systems (e.g., electrical, plumbing) that could require future upgrades or maintenance, despite some modern updates.
Moderate Interior Square Footage: At 1316 sqft, the interior living space is relatively modest for a 3-bedroom home in the high-value Palo Alto market, potentially limiting appeal for buyers seeking more expansive living areas.

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