200 Sheridan Avenue 308, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath
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Palo Alto, California 94306
This High-Potential Investment Opportunity is listed at a List Price of $1,430,000—positioned well below the $1,675,391 Fair Market Value by 14%. This valuation gap provides $245,391 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 1,380 sq. ft. unit offers luxury finishes, including Thermador stoves and quartz countertops. With resort-style amenities like a pool, spa, and EV charging, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium Silicon Valley lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Sheridan Avenue 308 Subject | $1,430,000* List Price | 2 | 2 | 1,380 | $1,214 | - |
A 200 Sheridan Avenue 306 Sold | $1,812,000 | 2 | 2 | 1,412 | $1,283 | 0.0 mi |
B 200 Sheridan Ave. 303 Sold | $1,792,000 | 2 | 2 | 1,342 | $1,335 | 0.0 mi |
C 200 Sheridan Avenue 307 Sold | $1,240,000 | 2 | 1 | 1,193 | $1,039 | 0.0 mi |
D 200 Sheridan Avenue 305 Active | $1,805,000 List Price | 2 | 2 | 1,355 | $1,332 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1997, the property is part of a luxury renovation program featuring modern upgrades (<5y reno) including Thermador stoves, quartz countertops, and luxury vinyl plank flooring. The building includes updated systems like A/C and EV charging stations, placing it in mint, move-in condition.
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 urban dwellers.
Residents enjoy premium building features including a swimming pool, hot tub, secure two-level parking with EV chargers, and an on-site cafe, providing a high-end lifestyle experience.
This 1,380 sq. ft. unit features high ceilings, floor-to-ceiling windows, and a rare wrap-around balcony, creating an airy and expansive living environment.
The association fee of $890 per month is relatively high, which increases the total monthly carrying cost for potential owners.
The listing relies on model unit images rather than actual photos of unit 308, which may lead to discrepancies in finishes and layout for prospective buyers.
There are a total of 30 units for sale - floor plans and pricing varies. All units on floors 2-4 have balconies. Prospective buyers are encouraged to visit the site and consult with our sales team for detailed information about the specific units being sold. This luxury 4-story building offers resort-style amenities including a pool, hot tub, secure 2-level parking garage w/EV chargers, & Caffe Riace on-site. Built in 1997, this 30-unit community is just blocks away from California Ave dining, shops, and cafes. Features high ceilings, balconies, A/C, & floor-to-ceiling windows in select units. Some include luxury vinyl plank flooring, quartz countertops, & Thermador stoves. Choose from fully renovated units or upgrade an as-is unit using our in-house design. Every unit comes w/dedicated storage & garage parking. Located near Stanford, Caltrain, & major tech employers, this is the perfect blend of convenience, comfort, & lifestyle in the heart of Silicon Valley. Don't miss this rare opportunity to own in one of Palo Altos most desirable communities. *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 specific unit has a wrap around balcony with & an island in the kitchen.
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 | 1,380 | 1,375.5 | 50% |
| Lot Size | - | - | 50% |
| Price | $1.43M | $1.37M | 63% |
| Price per sq ft | $1.0K | $1.0K | 63% |
| Built year | 1997 | 1997 | 50% |
| HOA | $890.0 | $828 | 88% |
| Days on market | 30 | 181 | 6% |
May 16, 2026
$1,430,000
Initial Listing