160 Waverley Street, Palo Alto, California 94301, Palo Alto, 94301 - 3 bed, 5 bath

160 Waverley Street, Palo Alto, California 94301 home-pic-0
ACTIVE$5,675,000
160 Waverley Street, Palo Alto, California 94301
3Beds
5Baths
2,405Sqft
1Lot
Year Built
2025
Close
-
List price
$5.67M
Original List price
$5.99M
Price/Sqft
$2,360
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021690
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

We found 4 Cons,6 Pros. Rank: price - $5.67M(67th), sqft - 2405(50th), beds - 3(47th), baths - 5(83th).

Timeless high-end new construction in sought-after Downtown Palo Alto. Penthouse one level living at its best. Private elevator takes you from your main level vestibule into your expansive living space. Great room with soaring cathedral ceilings with retractable walls of glass that open out to expansive wrap around terraces.The gourmet kitchen showcases sought after Taj Mahal countertops,Thermador appliances, and a large walk-in pantry. Atrium staircase leads to a private roughly 632sf rooftop garden with raised planters and views toward the western hills.A space unlike any other in downtown Palo Alto.Primary bedroom suite with customized walk-in closet and en suite bath with dual-sink vanity, freestanding tub, curbless shower, and private commode room.Two additional en-suite bedrooms.First floor detached office to the front of the building and a detached private gym to the rear with a private patio.European Oak hardwood flooring w/herringbone finish in great room.Designer tiles and plumbing fixtures compliment the rich timeless aesthetic throughout.Unparalleled architecture with extensive and custom brick work.Subtle elegance & refined finishes differentiate this penthouse living from the masses.This unique home will stand the test of time for generations and centuries to come.

Nearby schools

7/10
Addison Elementary School
Public,K-50.8mi
8/10
David Starr Jordan Middle School
Public,6-81.8mi
9/10
Palo Alto High School
Public,9-120.9mi

Price History

Date
Event
Price
11/02/25
Price Change
$5,675,000-5.2%
09/16/25
Listing
$5,985,000
Condition Rating
Excellent

This property is brand new construction, built in 2025, and features high-end finishes throughout. The gourmet kitchen boasts Thermador appliances, Taj Mahal countertops, and designer fixtures. Bathrooms are equally luxurious with dual-sink vanities, freestanding tubs, curbless showers, and designer tiles. European Oak hardwood flooring, cathedral ceilings, and retractable glass walls further emphasize its pristine, modern, and top-quality condition, meeting all criteria for an 'excellent' rating.
Pros & Cons

Pros

Great Schools: High School: Palo Alto High School (9/10).
Prime Downtown Palo Alto Location: Situated in a highly sought-after area of Downtown Palo Alto, offering excellent walkability, access to amenities, and a prestigious address.
Brand New, High-End Construction: Built in 2025, this property features 'timeless high-end' new construction, unparalleled architecture, custom brickwork, and refined finishes throughout.
Luxurious & Unique Interior Features: Boasts penthouse one-level living with a private elevator, soaring cathedral ceilings, retractable walls of glass, a gourmet kitchen with Thermador appliances, and a lavish primary suite with high-end bath fixtures.
Exceptional Private Outdoor & Dedicated Spaces: Includes expansive wrap-around terraces, a private 632 sqft rooftop garden with western hill views, a detached first-floor office, and a detached private gym with its own patio.
Top-Tier School District: Located within the highly-rated Palo Alto Unified School District, with excellent elementary, middle, and high schools nearby, enhancing long-term value and appeal for families.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1, living area = 2405.
High Price Point & Recent Price Reduction: The substantial list price of $5.675M, coupled with a recent $310,000 price reduction, may indicate market resistance or an initial overvaluation, potentially affecting buyer perception.
Potential for High HOA Fees: As a luxury penthouse in a prime location, significant monthly Homeowners Association (HOA) fees are highly probable, which would add substantially to the total cost of ownership (not explicitly detailed in the provided information).
Niche Market Appeal: The unique configuration of penthouse living with detached office and gym, while luxurious, caters to a very specific high-net-worth buyer demographic, potentially limiting the pool of interested parties compared to a traditional single-family home.

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