164 Waverley Street, Palo Alto, California 94301, Palo Alto, 94301 - 3 bed, 4 bath

164 Waverley Street, Palo Alto, California 94301 home-pic-0

164 Waverley Street

Palo Alto, California 94301

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,659Sq Ft
Lot Size

Property Price

LIST PRICE$4,995,000

SUMMARY

Analysis of 164 Waverley Street, Palo Alto, California 94301 is currently available with a list price of $4,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2025 luxury penthouse construction featuring high-end Thermador appliances, Taj Mahal countertops, European Oak herringbone flooring, and designer fixtures. As a new build with premium materials and modern systems, it represents the highest quality standard with no physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Palo Alto High School (9/10).

  • Prime Downtown Location

    Situated in the heart of sought-after Downtown Palo Alto, this property offers unparalleled walkability to world-class dining and shopping while being zoned for top-tier Palo Alto Unified schools.

  • Exceptional Outdoor Living

    The rare private rooftop deck with western hill views and retractable walls of glass creates a seamless indoor-outdoor flow that is highly unique for high-density urban living.

CONSRISKS & DEFICIENCIES

  • Premium Price Point

    With a list price of nearly $5 million for a condominium, the high price-per-square-foot may face stiff competition from detached single-family homes in surrounding Palo Alto neighborhoods.

  • Vertical Accessibility

    Although the main living area is single-level, the rooftop deck is accessed via an atrium staircase, which may be a drawback for buyers seeking a completely barrier-free environment for all amenities.

About 164 Waverley Street

Penthouse one level living with spacious private rooftop deck. Timeless high-end new construction in sought-after Downtown Palo Alto. 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 terrace. The gourmet kitchen showcases sought after Taj Mahal countertops, Thermador appliances, and a large walk-in pantry. Atrium staircase leads to a private rooftop deck 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. 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. Dedicated parking for two cars with EV hookups. This unique home will stand the test of time for generations and centuries to come.

Property Details

Public Facts

Property Type
Condominium
Year Built
2025
Lot Size
-

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palo Alto Unified Schools

Addison Elementary School

Grades K-5 • 0.8 mi

7/10

David Starr Jordan Middle School

Grades 6-8 • 1.8 mi

8/10

Palo Alto High School

Grades 9-12 • 0.9 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
83%
Baths4.02.0
83%
Square foot2,6591,507.5
83%
Lot Size--
50%
Price$5.00M$2.19M
83%
Price per sq ft$1.9K$1.5K
83%
Built year20251992
83%
HOA$0$1.0K
17%
Days on market36143
17%

Pricing History

Listed for Sale

Jan 30, 2026

$4,995,000

Initial Listing

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