1665 Middlefield Road, Palo Alto, California 94301, Palo Alto, 94301 - 3 bed, 3 bath
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Palo Alto, California 94301
This Charming Ranch-Style Residence represents a Strong Value Opportunity, listed at $4,388,000—positioned well below the $4,544,024 Fair Market Value by 3%. This valuation gap offers $156,024 in Instant Equity for the buyer. Featuring a Condition Rating of 3 with a renovated kitchen and hardwood floors, the home offers immediate comfort within the prestigious Palo Alto Unified School District. With its expansive 9,250-square-foot lot, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1665 Middlefield Road Subject | $4,388,000* List Price | 3 | 3 | 1,852 | $2,454 | - |
A 1215 Harriet Street Sold | $4,300,000 | 4 | 2 | 1,748 | $2,460 | 0.3 mi |
B 690 Lincoln Sold | $3,850,000 | 3 | 3 | 1,913 | $2,013 | 0.5 mi |
C 2330 Emerson Street Sold | $3,600,000 | 3 | 2 | 1,692 | $2,128 | 0.8 mi |
D 762766 Hamilton Avenue Sold | $3,510,000 | 3 | 2 | 1,500 | $2,340 | 1.0 mi |
E 820 Hamilton Avenue Sold | $4,200,000 | 4 | 2 | 1,952 | $2,152 | 0.9 mi |
F 1032 Fulton Street Sold | $4,060,000 | 4 | 2 | 1,459 | $2,783 | 0.5 mi |
G 1085 Emerson Street Sold | $4,130,000 | 4 | 4 | 2,268 | $1,821 | 0.7 mi |
H 1320 Greenwood Avenue Pending | $4,200,000 List Price | 3 | 3 | 1,712 | $2,453 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1940, the property has been well-maintained and features a renovated kitchen with modern white shaker cabinets, stone countertops, and stainless steel appliances. The hardwood floors are in excellent condition and the interior is move-in ready, suggesting updates within the 5-15 year range.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9250, living area = 1852.
Situated in a highly desirable Palo Alto neighborhood near Stanford University and within the top-tier Palo Alto Unified School District, ensuring exceptional long-term investment value.
The generous 9,250-square-foot lot is a rare find in this area, offering significant potential for future expansion, customization, or a complete luxury rebuild.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At a list price of $4.388M for under 1,900 square feet, the property carries a high price-per-square-foot entry point that primarily values the land over the existing improvements.
Given its 1940 construction, the home likely requires substantial modernization of its core systems and layout to align with contemporary luxury standards.
Nestled in one of Palo Alto's most desirable neighborhoods, this charming ranch style residence offers timeless character on an expansive approximately 9,250-square-foot lot. Thoughtfully maintained, the home features approximately 1,852 square feet of living space with three bedrooms and three bathrooms, creating a comfortable and functional floor plan for everyday living. Sun-filled interiors, hardwood flooring, and inviting living and dining spaces provide warmth and flexibility for both entertaining and quiet relaxation. The spacious backyard presents endless opportunities for outdoor enjoyment, gardening, future expansion, or customization. Ideally located near downtown Palo Alto, Stanford University, acclaimed Palo Alto schools, neighborhood parks, shopping, dining, and major Silicon Valley employers, this property offers an exceptional combination of convenience, charm, and long-term value in a premier location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,852 | 1,500 |
| Lot Size | 9,250 | 7,500 |
| Price | $4.39M | $3.80M |
| Price per sq ft | $2.4K | $2.2K |
| Built year | 1940 | 1950 |
| HOA | $0 | $0 |
| Days on market | 7 | 31 |
Jul 16, 2026
$4,388,000
Initial Listing
Mar 8, 2017
$3,300,000
Public Record