
Palo Alto, California 94306
This Mid-Century Single Family Residence represents a Strong Value Opportunity, listed at $2,888,000—positioned well below the $3,086,986 Fair Market Value by 6%. This valuation gap offers $198,986 in Instant Equity. Featuring a Condition Rating of 3, the home offers a versatile layout with vaulted ceilings and a private patio, situated in the prestigious Palo Alto Unified School District. This property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or discerning families prioritizing top-tier education.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 256 E Charleston Road Subject | $2,888,000* List Price | 4 | 3 | 2,040 | $1,513 | - |
A 225 W Meadow Drive Sold | $2,830,000 | 3 | 2 | 1,680 | $1,685 | 0.4 mi |
B 4225 Park Boulevard Sold | $2,700,000 | 4 | 2 | 1,835 | $1,471 | 0.2 mi |
C 410 Wilton Avenue Sold | $3,100,000 | 4 | 2 | 1,694 | $1,830 | 0.9 mi |
D 290 W Charleston Road Active | $2,598,000 List Price | 4 | 2 | 1,552 | $1,674 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1953, the home is well-maintained and move-in ready with clear evidence of updates within the 5-15 year range. The kitchen features stone countertops and updated cabinetry, and the living areas show modern flooring and fresh paint. While the baseboard heating and some appliances appear older, the property is functional and lacks the immediate repair needs associated with 'Fair' or 'Poor' ratings.
Elementary School: Fairmeadow Elementary School (9/10). Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
The property is zoned for the highly-rated Palo Alto Unified School District, including Gunn High and JLS Middle, which significantly bolsters long-term property value.
Classic design elements such as vaulted open-beam ceilings, clerestory windows, and walls of glass provide a bright, aesthetic appeal that is highly sought after in the Silicon Valley market.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Positioned on East Charleston Road, a major local thoroughfare, the property may experience higher levels of traffic noise and activity compared to interior neighborhood streets.
The streamlined galley kitchen layout may feel restrictive to buyers who prefer an open-concept chef's kitchen with a central island for entertaining.
Spacious 4 Bedroom Mid-Century Home On An 8,000 sq.ft. Lot. Living room, Family Room, Breakfast Area, Office, and Study. This spacious four-bedroom, three-bath mid-century home combines classic architectural character with exceptional versatility, offering 2,040 square feet of living space on a generous 8,000-square-foot lot. Vaulted open-beam ceilings, warm wood floors, clerestory windows, and walls of glass create bright, inviting interiors with a seamless connection to the beautifully landscaped private yard. In addition to the open living and dining areas, the home features a streamlined galley kitchen, separate family room, breakfast area, office, and studyproviding abundant space for entertaining, working from home, and everyday relaxation. Multiple patios, mature trees, colorful gardens, and a pergola enhance the indoor-outdoor lifestyle, while the prime neighborhood location offers convenient access to nearby attractions and sought-after Palo Alto schools.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,040 | 1,689.34 |
| Lot Size | 8,000 | 7,261.56 |
| Price | $2.89M | $3.84M |
| Price per sq ft | $1.4K | $2.2K |
| Built year | 1953 | 1951 |
| HOA | $0 | $0 |
| Days on market | 34 | 30 |
Aug 6, 2026
$2,888,000
Initial Listing
Sep 23, 2003
$705,000
Public Record