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

164 Waverley Street
Palo Alto, California 94301
Property Price
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
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
David Starr Jordan Middle School
Grades 6-8 • 1.8 mi
Palo Alto High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 4.0 | 2.0 | 83% |
| Square foot | 2,659 | 1,507.5 | 83% |
| Lot Size | - | - | 50% |
| Price | $5.00M | $2.19M | 83% |
| Price per sq ft | $1.9K | $1.5K | 83% |
| Built year | 2025 | 1992 | 83% |
| HOA | $0 | $1.0K | 17% |
| Days on market | 36 | 143 | 17% |
Pricing History
Listed for Sale
Jan 30, 2026
$4,995,000
Initial Listing











