1982 W Bayshore Road 217, East Palo Alto, California 94303, East Palo Alto, 94303 - 2 bed, 2 bath
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East Palo Alto, California 94303
This Modern Peninsula Condominium is a Strong Value Opportunity, listed at $745,000—positioned well below the $792,070 Fair Market Value by 5%. This valuation gap provides $47,070 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the home features 2018 hardwood flooring, a functional split floor plan, and access to a community pool and spa. Its proximity to Stanford University and Silicon Valley tech hubs ensures long-term demand. This is an ideal acquisition for Tech Professionals or First-Time Buyers seeking a turnkey asset with built-in value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1982 W Bayshore Road 217 Subject | $745,000* List Price | 2 | 2 | 1,197 | $662 | - |
A 1982 W Bayshore Road 310 Active | $595,000 List Price | 1 | 1 | 821 | $725 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old) but features a significant flooring renovation from 2018 (6 years ago), which falls within the 'Good' criteria for recent updates. The kitchen and bathrooms appear to be original but are exceptionally well-maintained and functional. The unit is move-in ready with modern central HVAC and forced-air heating systems.
Situated minutes from Palo Alto, Stanford University, and major tech hubs, this property offers exceptional commuting convenience and access to Edgewood Plaza at a competitive price point.
The layout features bedrooms on opposite sides for maximum privacy, enhanced by high ceilings, hardwood flooring installed in 2018, and direct balcony access from both suites.
This home is fully equipped with essential modern comforts including central A/C, in-unit laundry, and two parking spaces, including one in a gated garage.
Located on West Bayshore Road immediately adjacent to U.S. Route 101, the property is subject to significant ambient traffic noise and environmental factors.
A recent price reduction from the original list price of $799,000 suggests the property may have faced challenges with initial market positioning or buyer interest.
Welcome to this bright 2B-2B home in East Palo Alto offering rare Peninsula convenience at an increasingly hard-to-find price pointminutes to Palo Alto, Stanford University, Menlo Park, and U.S. Route 101, with Edgewood Plaza Shopping Center nearby for daily essentials. The bright open layout features bedrooms on opposite sides for privacy, each with a full bath and balcony access, plus high ceilings and hardwood flooring installed in 2018. The kitchen includes a dishwasher, microwave, electric range, and refrigerator, flowing into the dining and living areas for easy everyday living. Central A/C, forced-air heating, in-unit washer/dryer, one-car gated garage, and one additional parking space add comfort, while community amenities include a pool, spa, gym, clubhouse, and nearby parks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,197 | 1,122 | 50% |
| Lot Size | - | - | 50% |
| Price | $745.0K | $1.03M | 33% |
| Price per sq ft | $622 | $995 | 17% |
| Built year | 2002 | 2007 | 50% |
| HOA | $517.0 | $493 | 50% |
| Days on market | 28 | 65 | 17% |
Apr 19, 2026
$745,000
$799,000
-7% Price Drop
Initial Listing
Mar 25, 2026
$799,000
Initial Listing
Aug 6, 2015
$725,000
Public Record
Aug 9, 2007
$505,000
Public Record