
Palo Alto, California 94306
This Turnkey Condominium is a Strong Value Opportunity, listed at $918,000—positioned well below the $893,502 Fair Market Value by -2%. While the list price reflects a premium, the property offers an Excellent Condition Rating with modern quartz finishes, engineered wood flooring, and a private patio. Located in the prestigious Palo Alto Unified School District near Stanford University, this home provides a high-quality lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready residence in a prime, walkable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2559 Park Boulevard M101 Subject | $918,000* List Price | 2 | 1 | 923 | $968 | - |
A 200 Sheridan Avenue 207 Sold | $1,175,000 | 2 | 1 | 1,193 | $985 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1993 (31 years old), the interior shows a clear renovation likely within the 5-15 year range. The kitchen features modern quartz countertops and stainless steel appliances, complemented by engineered wood flooring and updated bathroom tiling. Systems including central AC and forced air heating are present, making the unit fully functional and move-in ready.
High School: Palo Alto High School (9/10).
Situated in a highly walkable area adjacent to California Avenue's vibrant dining and shopping district, with excellent proximity to the Stanford Marguerite shuttle and public transit.
The property is zoned for the prestigious Palo Alto Unified School District, including high-rated schools like Palo Alto High, which significantly bolsters long-term investment value.
The association fee of $931 per month is relatively high for a two-bedroom condo, which may impact overall affordability and the buyer's debt-to-income ratio.
With only one bathroom for a two-bedroom unit, the layout may be less desirable for families or roommates compared to more common two-bathroom configurations in this price point.
Located in Palo Alto, adjacent to vibrant California Ave. with wonderful restaurants, cafes, and boutiques, conveniently accessible to a free shuttle (Marguerite) to Stanford University, train and public transportation, this 2-bedroom, 1-bathroom single story ground level home offers 923 square feet of comfortable and open living space. The kitchen is equipped with modern appliances including quartz counter top, a dishwasher, garbage disposal, microwave, electric oven range, and refrigerator, complemented by a breakfast bar and a dining area. Engineered wood flooring extends throughout the home, enhancing its warm ambiance. The living area features a wood-burning fireplace, adding a cozy touch. Main bedrooms offers generous walk-in closet with built in organizers. The bathroom has a tiled shower over tub. Additional details include central AC, forced air heating, high ceilings and charming outdoor patio area, ideal for indoor/outdoor entertaining. Convenient laundry area with washer and dryer are located inside and assigned parking space and storage unit. This home is part of the sought after Palo Alto Unified school district. A rare opportunity to own a turnkey, end-unit condo in one of Palo Alto's most prestigious neighborhoods. Exterior will be painted per HOA.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 923 | 1,126.5 |
| Lot Size | - | - |
| Price | $918.0K | $1.31M |
| Price per sq ft | $995 | $1.1K |
| Built year | 1993 | 1988 |
| HOA | $931.0 | $834 |
| Days on market | 42 | 49 |
Jul 29, 2026
$918,000
Initial Listing
Mar 19, 2012
$2,000
Public Record
Oct 27, 2009
$20,000
Public Record
Oct 22, 2008
$589,000
Public Record
Jul 15, 2004
$500,000
Public Record
Jun 19, 1998
$315,000
Public Record