200 Sheridan Avenue 206, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath
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Palo Alto, California 94306
This Value-Add Mediterranean Condominium represents a stable entry into the Silicon Valley market, listed at $1,391,400—matching its $1,391,400 Fair Market Value. Currently maintaining an Original Condition Rating of 4, the "as-is" status provides a strategic blank canvas for forced appreciation through interior modernization. The residence features resort-style amenities including a pool and spa, secure EV charging, and access to the elite Palo Alto Unified school district. Located blocks from California Avenue and Stanford, it balances lifestyle luxury with long-term asset security. This is an ideal opportunity for Value-Add Investors or Owner-Occupants seeking a customizable residence in a high-demand tech hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Sheridan Avenue 206 Subject | $1,391,400* List Price | 2 | 2 | 1,412 | $985 | - |
A 200 Sheridan Avenue 402 Sold | $1,520,000 | 2 | 2 | 1,400 | $1,086 | 0.0 mi |
B 200 Sheridan Avenue 401 Sold | $1,489,550 | 2 | 2 | 1,371 | $1,086 | 0.0 mi |
C 200 Sheridan Avenue 302 Sold | $1,432,000 | 2 | 2 | 1,400 | $1,023 | - |
D 200 Sheridan Avenue 202 Sold | $1,355,000 | 2 | 2 | 1,400 | $968 | - |
E 200 Sheridan Avenue 106 Sold | $1,210,000 | 2 | 2 | 1,412 | $857 | - |
F 200 Sheridan Avenue 406 Sold | $1,572,750 | 2 | 2 | 1,412 | $1,114 | - |
G 200 Sheridan Avenue 205 Active | $1,387,250 List Price | 2 | 2 | 1,355 | $1,024 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1997 (29 years ago) and the listing explicitly states this specific unit is being sold in its original 'as-is' condition and is 'not remodeled.' While the building offers luxury amenities, the unit itself likely features original 1990s finishes, fixtures, and appliances that, while functional, are outdated by modern standards. The provided images are of a model unit and do not represent the actual condition of this residence.
Situated just blocks from California Avenue's dining and shops, and near Stanford University and Caltrain, this property offers unparalleled convenience for tech professionals and commuters.
The Provence Condominiums offer premium building features including a pool, hot tub, secure parking with EV chargers, and the unique convenience of an on-site cafe.
With over 1,400 square feet of living space, high ceilings, and private balconies, the unit provides a sense of openness and luxury rarely found in standard condominiums.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1412, other record living area = 55772.
Unlike the model unit shown in marketing materials, this specific residence is sold in its original 'as-is' condition, requiring additional budget and effort for modern upgrades.
The monthly HOA fee of $829 represents a significant recurring cost that may impact the overall affordability and monthly carrying costs for potential buyers.
*The images shown are of a model unit and are for illustrative purposes only. The actual unit may vary in layout, finishes, and features. This Unit was sold as is, not remodeled.* Mediterranean elegance meets modern living at Provence Condominiums in Palo Alto. This luxury 4-story building offers resort-style amenities including a pool, hot tub, secure 2-level parking garage with EV chargers, and Caffe Riace on-site. Built in 1997 and updated over time, this 30-unit community is just blocks away from California Ave dining, shops, and cafes. Units feature high ceilings and balconies, A/C, and floor-to-ceiling windows in select residences. Some units include luxury vinyl plank flooring, quartz countertops, and Thermador stoves. Choose from fully renovated units or upgrade an as-is unit using our in-house design board. Every unit comes with dedicated storage and garage parking. Located near Stanford, Caltrain, and major tech employers, this is the perfect blend of convenience, comfort, and lifestyle in the heart of Silicon Valley. Don't miss this rare opportunity to own in one of Palo Altos most desirable communities. Prospective buyers are encouraged to visit the site and consult with our sales team for detailed information about the specific units being sold.
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 | 1,412 | 1,400 | 70% |
| Lot Size | - | - | 50% |
| Price | $1.39M | $1.40M | 50% |
| Price per sq ft | $985 | $1.0K | 40% |
| Built year | 1997 | 1997 | 50% |
| HOA | $829.0 | $829 | 50% |
| Days on market | 84 | 134 | 15% |
Jan 28, 2026
$1,391,400
Initial Listing