1601 Channing Avenue, Palo Alto, California 94303, Palo Alto, 94303 - 5 bed, 3 bath
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Palo Alto, California 94303
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $3,798,000—positioned well below the $3,859,509 Fair Market Value by 1.6%. This valuation gap offers $61,509 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern renovations and a private patio, the home provides a seamless transition in the prestigious Palo Alto Unified School District. This property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a move-in ready home in a prime tech-hub location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1601 Channing Avenue Subject | $3,798,000* List Price | 5 | 3 | 2,134 | $1,809 | - |
A 2640 Elmdale Court Sold | $3,100,000 | 4 | 3 | 2,124 | $1,460 | 0.9 mi |
B 985 Oregon Avenue Sold | $2,700,000 | 4 | 3 | 1,316 | $2,052 | 0.7 mi |
C 2505 Greer Road Sold | $3,125,000 | 3 | 2 | 1,356 | $2,305 | 0.8 mi |
D 735 Coastland Drive Active | $4,388,000 List Price | 3 | 2 | 2,075 | $2,115 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a high-quality recent renovation within the last 5 years, featuring modern bathrooms with contemporary fixtures, newly refinished engineered hardwood floors, and updated mini-split HVAC systems. Despite the 1951 build date, the interior is in mint, move-in ready condition with no visible maintenance needs.
Situated in a highly sought-after Palo Alto neighborhood, this property offers access to the prestigious Palo Alto Unified School District and close proximity to major tech hubs and parks.
The home has been beautifully refreshed with newly refinished engineered hardwood floors and fresh interior paint, providing a modern and clean aesthetic for immediate occupancy.
With 5 bedrooms and a flexible floor plan, the residence provides ample space for large families, multi-generational living, or dedicated home offices to suit modern lifestyle needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2134, other record living area = 2083.
Built in 1951, the property may feature aging core systems or structural elements that, despite cosmetic refreshes, do not meet the efficiency standards of newer constructions.
At a list price of nearly $3.8M for a refreshed 1950s home, the price-per-square-foot is significant, which may be a deterrent for buyers seeking fully modernized or larger luxury estates.
Beautifully refreshed 5-bedroom, 3-bath home in a prime Palo Alto location. This spacious residence features newly refinished engineered hardwood flooring and fresh interior paint throughout, creating a bright and modern feel. The flexible floor plan offers generous living and dining areas, ideal for both everyday living and entertaining. Well-proportioned bedrooms provide comfort and versatility for guests, home office, or family needs. Enjoy a private yard perfect for outdoor relaxation. Conveniently located near top-rated schools, parks, shopping, and major tech campuses, this move-in ready home combines comfort, style, and an unbeatable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,134 | 1,500 |
| Lot Size | 7,125 | 7,500 |
| Price | $3.80M | $3.80M |
| Price per sq ft | $1.8K | $2.2K |
| Built year | 1951 | 1950 |
| HOA | $0 | $0 |
| Days on market | 11 | 31 |
Jul 11, 2026
$3,798,000
Initial Listing
Oct 29, 2002
$715,000
Public Record
Dec 29, 1995
$50,000
Public Record