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162 Waverley Street, Palo Alto, California 94301, Palo Alto, 94301 - 4 bed, 5 bath

162 Waverley Street, Palo Alto, California 94301 home-pic-0
ACTIVE$5,495,000$2,603/sqft
162 Waverley Street, Palo Alto, California 94301
4Beds
5Baths
2,603Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: High School: Palo Alto High School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2603, other record living area = 1664. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$5.50M vs avg $2.19M (+$3,302,500)83%
Size:2,603 sqft vs avg 1,507.5 sqft83%
Price/sqft:$2.1K vs avg $1.5K83%

More Insights

Built in 2025 (1 years old).
Condition: This property is explicitly described as 'new construction' with a 'year_built' of 2025, indicating it is either brand new or will be upon completion. The description highlights 'high-end' finishes, 'gourmet kitchen with Taj Mahal countertops, Thermador appliances,' 'designer tiles and plumbing fixtures,' 'European Oak hardwood flooring with herringbone finish,' and 'spa-like bath.' The images corroborate these claims, showcasing pristine, modern kitchens and bathrooms with top-tier materials, contemporary fixtures, and new appliances. All components appear virtually new, meeting the highest quality standards with no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$5.5M
Original List price
$5.5M
Price/Sqft
$2,111
HOA
-
Days on market
-
Sold On
-
MLS number
ML82031269
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Timeless high-end new construction in sought-after Downtown Palo Alto. Premium first floor, one level living is designed for indoor-outdoor enjoyment with retractable glass door access. 3 bedrooms, 3.5 bath main home with an additional detached 1 bedroom, 1 bath guesthouse. Great room with retractable walls of glass that open out to private and generous fenced in yard differentiates this unit from the masses. The gourmet kitchen with large island showcases sought after Taj Mahal countertops, Thermador appliances, and a large walk-in pantry. Designer tiles and plumbing fixtures compliment the rich timeless aesthetic throughout. Three bedroom suites, each with private outside entrance, include a primary retreat with spa-like bath. Enjoy expansive privatized yards and patios. European Oak hardwood flooring with herringbone finish in great room. Complementing the main home, the detached guesthouse offers independent living with a great room with full kitchen, bedroom, bath, and laundry ideal for extended family, guests or office suites. Unparalleled architecture with extensive and custom brick work. Subtle elegance and refined finishes differentiate this penthouse living from the masses. This unique home will stand the test of time for generations and centuries to come.

Z
Zach Trailer
Listing Agent

Nearby schools

7/10
Addison Elementary School
Public,•K-5•0.8mi
8/10
David Starr Jordan Middle School
Public,•6-8•1.8mi
9/10
Palo Alto High School
Public,•9-12•0.9mi

Price History

Date
Event
Price
10/31/96
Sold
$680,000
11/20/20
Sold
$3,500,000
Condition Rating
Excellent
This property is explicitly described as 'new construction' with a 'year_built' of 2025, indicating it is either brand new or will be upon completion. The description highlights 'high-end' finishes, 'gourmet kitchen with Taj Mahal countertops, Thermador appliances,' 'designer tiles and plumbing fixtures,' 'European Oak hardwood flooring with herringbone finish,' and 'spa-like bath.' The images corroborate these claims, showcasing pristine, modern kitchens and bathrooms with top-tier materials, contemporary fixtures, and new appliances. All components appear virtually new, meeting the highest quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Palo Alto High School (9/10).
Prime Downtown Palo Alto Location: Situated in a highly sought-after and prestigious Downtown Palo Alto address, offering unparalleled access to amenities and a desirable lifestyle.
Brand New, High-End Construction & Finishes: This is a timeless, high-end new construction property featuring gourmet kitchen with Taj Mahal countertops and Thermador appliances, designer fixtures, European Oak hardwood flooring, and custom brickwork, ensuring luxury and minimal immediate maintenance.
Versatile Detached Guesthouse: Includes a separate 1-bedroom, 1-bath guesthouse with a full kitchen and laundry, providing independent living ideal for extended family, guests, or a dedicated office suite.
Exceptional Indoor-Outdoor Living: Designed for seamless indoor-outdoor enjoyment with retractable glass doors and walls opening to private, generous fenced yards and patios, a rare feature for condominium living.
Luxury & Convenient Layout: Offers premium first-floor, one-level living with three private bedroom suites, each with its own outside entrance and a spa-like primary bath, emphasizing comfort, privacy, and accessibility.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2603, other record living area = 1664. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Premium Price Point: The listing price of $5.495 million represents a significant investment, potentially narrowing the pool of prospective buyers.
Condominium Ownership Structure: Despite its private amenities, the property is a condominium, which typically entails Homeowners Association (HOA) fees, potential rules and regulations, and shared common area responsibilities that some buyers seeking a single-family home experience may wish to avoid.
Future Completion Date: With a year built of 2025 and an on-market date in 2026, the property is not available for immediate occupancy, requiring buyers to purchase based on plans and wait for completion.
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