2871 Josephine Lane, Palo Alto, California 94303, Palo Alto, 94303 - 3 bed, 3 bath

2871 Josephine Lane, Palo Alto, California 94303 home-pic-0
ACTIVE$1,988,000
2871 Josephine Lane, Palo Alto, California 94303
3Beds
3Baths
1,770Sqft
Lot
Year Built
2025
Close
-
List price
$1.99M
Original List price
$1.99M
Price/Sqft
$1,123
HOA
$445
Days on market
-
Sold On
-
MLS number
ML82022879
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.99M(86th), sqft - 1770(86th), beds - 3(86th), baths - 3(86th).

Residence 3 offers 3 bedrooms, a ground-floor den, and 3 full bathrooms ideal for families, guests, or a home office. The open-concept main level features a kitchen, dining area, and family room that flow seamlessly together. The kitchen is appointed with Bosch stainless steel appliances, walk-in pantry, quartz countertops, and shaker-style white cabinets. Engineered wood floors on the first and second levels add warmth and elegance. The top-floor primary suite includes a walk-in closet and en-suite bathroom, providing a private retreat. Additional bedroom and a full bath offer flexibility. Enjoy outdoor living with a private patio and deck. Discover 28Fifty, a new community of 48 modern townhomes by SummerHill Homes in desirable Midtown Palo Alto. Community amenities include access to a central park area for gatherings and relaxation. Conveniently located near major employers, highways, and the Dumbarton Bridge, and less than 3 miles from downtown Palo Alto. Within reach of top-ranked schools. Quick move-in!

Price History

Date
Event
Price
09/25/25
Listing
$1,988,000
Condition Rating
Excellent

This property is a brand-new construction, built in 2025, and is part of a new community by SummerHill Homes. The description highlights high-end features such as Bosch stainless steel appliances, quartz countertops, shaker-style white cabinets, and engineered wood floors throughout the main living areas. The images confirm a pristine, modern aesthetic in the kitchen and bathrooms, with contemporary fixtures, recessed lighting, and new finishes. All components are new, meeting current quality standards with no deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Prime Palo Alto Location: Situated in desirable Midtown Palo Alto, offering convenient access to major employers, highways, the Dumbarton Bridge, and less than 3 miles from downtown Palo Alto.
Brand New Construction & Reputable Builder: A 2025 build by SummerHill Homes, part of the new 28Fifty community, ensuring modern design, quality construction, and a fresh start for homeowners.
High-End Finishes & Modern Design: Features an open-concept main level, Bosch stainless steel appliances, quartz countertops, shaker-style cabinets, engineered wood floors, and a luxurious top-floor primary suite.
Versatile Floor Plan: Offers 3 bedrooms, 3 full bathrooms, and a ground-floor den, providing flexibility for families, guests, or a dedicated home office space.
Access to Top-Ranked Schools: Located within reach of top-ranked schools and the highly regarded Palo Alto Unified School District, a significant draw for families.

Cons

High Monthly Association Fee: The property incurs a substantial monthly association fee of $445.0, which adds to the overall cost of homeownership.
Condominium/Townhome Ownership: As a townhome, it may involve shared walls and adherence to HOA rules and regulations, potentially limiting privacy and personal modifications compared to a single-family residence.
Future Occupancy Timeline: With a year built of 2025 and an on-market date in late 2025, the property is not available for immediate occupancy, which may not suit buyers with urgent housing needs despite the 'quick move-in' mention.

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