2861 Josephine Lane, Palo Alto, California 94303, Palo Alto, 94303 - 3 bed, 3 bath
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2861 Josephine Lane
Palo Alto, California 94303
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,770Sq Ft
1,770Lot Size
Property Price
LIST PRICE$1,988,000
EST. MARKET VALUE
$1,991,000
SUMMARY
This Stunning Move-In Ready Townhouse is listed at $1,988,000, offering exceptional value right at its $1,991,000 Fair Market Value. Featuring a modern kitchen with Bosch appliances, quartz countertops, and engineered hardwood floors, the property boasts a Mint Condition Rating requiring zero immediate work. Situated in the highly desirable Palo Alto Unified School District, this home offers a lifestyle of convenience near major tech hubs and parks. With its private deck and patio, this listing combines financial stability with modern luxury, making it the perfect fit for busy professionals or growing families.
Estimated Market Value
$1,991,000
Based on Realkey algorithm analyzing recent comparable sales in Palo Alto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2861 Josephine Lane Subject | $1,988,000* List Price | 3 | 3 | 1,770 | $1,125 | - |
A 2857 Josephine Lane Active | $1,998,000 List Price | 3 | 3 | 1,770 | $1,129 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features a modern kitchen with Bosch stainless appliances and quartz countertops, new engineered hardwood flooring, and brand new systems including solar panels.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Education District
The property is served by the highly-rated Palo Alto Unified School District, a significant driver for long-term property value and a major draw for families.
- Modern New Construction
Built in 2025, this move-in-ready home features high-end Bosch appliances, quartz countertops, and engineered hardwood, offering a contemporary living experience with no immediate renovation needs.
- Strategic Tech Hub Location
Ideally situated near major Silicon Valley employers, Highway 101, and the Dumbarton Bridge, providing exceptional convenience for commuting professionals.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1770, other record lot size in square feet = 2123. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1770, other record living area = 1436.
- Limited Private Outdoor Space
As a townhouse with a lot size matching the interior square footage, the property lacks a traditional private yard, relying instead on a patio and deck.
- Recurring Ownership Costs
Buyers must factor in a $445 monthly HOA fee and the potential additional financial obligation of leasing or purchasing the solar panel system.
About 2861 Josephine Lane
Plan 3 at 28Fifty offers 3 bedrooms, 3 full baths, and a versatile den ideal for guests, or a home office. The kitchen features Bosch stainless appliances, sleek quartz countertops, modern paint-grade shaker-style cabinetry with white finish, and a spacious walk-in pantry. Engineered hardwood flooring extends throughout the first and second levels, adding warmth and sophistication. The primary suite includes a generous walk-in closet and an en-suite bath, additional bedroom and full bath on the top floor provide flexibility for guests or multigenerational living. A private patio and deck offer inviting spaces for relaxing and entertaining outdoors. Solar panels may be leased or owned. 28Fifty blends contemporary living with exceptional convenience. Community amenities include a green park perfect for outdoor enjoyment. Ideally located near major tech employers, Highway101, and Dumbarton Bridge, the community is also just 3 miles from downtown Palo Alto's renowned shopping and dining. Served by the highly rated Palo Alto Unified School District, 28Fifty is perfectly suited for families and professionals alike. Home is move-in ready.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2025
- Lot Size
- 1,770 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $445.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,770 | 1,556 |
| Lot Size | 1,770 | 2,521 |
| Price | $1.99M | $1.74M |
| Price per sq ft | $1.1K | $989 |
| Built year | 2025 | 1988 |
| HOA | $445.0 | $800 |
| Days on market | 25 | 41 |
Pricing History
Listed for Sale
Aug 15, 2026
$1,988,000
Initial Listing