2331 Carmel Drive, Palo Alto, California 94303, Palo Alto, 94303 - 6 bed, 5 bath
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Palo Alto, California 94303
This Luxury Designer Residence in the prestigious Green Gables neighborhood is listed at $4,990,000, reflecting its Excellent Condition Rating and comprehensive high-end renovation. The property sits near its $4,525,181 Fair Market Value, offering a stable entry into one of the nation's most competitive markets. Featuring a Thermador Chef's Kitchen, Porcelanosa Tile, and JADU Expansion Potential, the home balances modern luxury with functional versatility. Situated in the Palo Alto Unified School District, this cul-de-sac sanctuary is the perfect fit for Luxury Homeowners or Multi-Generational Families seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2331 Carmel Drive Subject | $4,990,000* List Price | 6 | 5 | 3,072 | $1,473 | - |
A 653 Wildwood Lane Sold | $4,600,000 | 6 | 4 | 3,645 | $1,262 | 0.3 mi |
B 1581 Dana Avenue Active | $3,999,888 List Price | 5 | 3 | 2,203 | $1,816 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive high-end renovation within the last few years, featuring a chef's kitchen with Thermador appliances, designer bathrooms with Porcelanosa tile, and updated systems including a newer roof, copper plumbing, and a 2-zone heating system with Nest controls.
The home features premium finishes including Thermador appliances, Kohler fixtures, and Porcelanosa tile, offering a luxurious and modern move-in ready experience.
With a detached office cottage and the ability to convert the attached garage into a 400+ sq ft JADU, the property offers exceptional versatility for multi-generational living or rental income.
Situated in the desirable Green Gables neighborhood on a quiet cul-de-sac, the property provides rare privacy while remaining close to top-rated Palo Alto schools and parks.
The property was recently sold within the past year on 2025-08-14. The sold price is $3,700,000.00.
While HVAC piping is in place for future installation, the property currently lacks a functional air conditioning system, which is a notable omission at this price point.
Despite extensive remodeling, the home's 1951 origins may present inherent structural or layout limitations compared to modern ground-up constructions.
Rare quiet, cul-de-sac privacy, designer upgrades, & future expansion potential in Palo Altos desirable Green Gables. This thoughtfully updated 2-story home offers 3k+ sq ft with 6 BD (incl. 2 en-suites) & 5 BA on an expansive lot surrounded. High-quality materials & top-tier appliances throughout. Chefs kitchen features Thermador high-end appliances, large island, & custom cabinetry. Bathrooms finished w/ Kohler fixtures & Porcelanosa tile. Luxurious primary suite includes freestanding Duravit soaking tub, oversized walk-in shower, dual vanities, designer lighting, & private toilet room. Additional highlights include smart toilets, LED mirrors, & curated finishes across secondary baths. Modern features include floating glass handrail and 2-zone heating system w/ Nest controls. HVAC piping in place for future A/C. Spacious living areas anchored by a contemporary fireplace w/ seamless indoor-outdoor potential via kitchen pass-through. Backyard offers a large lawn ideal for play, entertaining, or pets. Detached office cottage plus a detached 1-car garage. Easy to convert attached 2-car garage into JADU (~400+ sq ft), expanding total to ~3,500 sq ft. Copper plumbing, double-pane windows, newer roof. Close to parks, shopping, commute routes, & top-rated schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 94% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 3,072 | 1,540 | 92% |
| Lot Size | 8,687 | 6,500 | 78% |
| Price | $4.99M | $3.14M | 90% |
| Price per sq ft | $1.6K | $1.8K | 47% |
| Built year | 1951 | 1952 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 139 | 2% |
Apr 16, 2026
$4,990,000
Initial Listing
Aug 14, 2025
$3,700,000
Public Record