
Palo Alto, California 94306
This Turn-Key Modern Luxury Home is listed at $5,498,000, positioned slightly above the $5,289,065 Fair Market Value. While the property commands a premium, it offers an Excellent Condition Rating following a comprehensive "down to the studs" renovation. Featuring a Gourmet Chef's Kitchen, hardwood flooring, and a private backyard patio, this residence provides a seamless, high-end lifestyle. Located within the prestigious Palo Alto Unified School District, it offers proximity to top-rated schools like Palo Alto High. This is an ideal acquisition for discerning professionals or growing families seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2886 Emerson Street Subject 5 bd · 4 ba · 2,815 sqft · $1,799 | $5,188,000* List Price | 5 | 4 | 2,815 | $1,799 | - |
A 3286 South Ct Sold 4 bd · 4 ba · 2,376 sqft · $2,062 · 0.5 mi | $4,900,000 | 4 | 4 | 2,376 | $2,062 | 0.5 mi |
B 3645 Ramona Street Sold 4 bd · 3 ba · 1,859 sqft · $2,157 · 0.9 mi | $4,010,000 | 4 | 3 | 1,859 | $2,157 | 0.9 mi |
C 745 Barron Avenue Sold 5 bd · 5 ba · 3,009 sqft · $1,472 · 0.8 mi | $4,430,000 | 5 | 5 | 3,009 | $1,472 | 0.8 mi |
D 3408 South Court Sold 4 bd · 3 ba · 2,400 sqft · $2,333 · 0.6 mi | $5,600,000 | 4 | 3 | 2,400 | $2,333 | 0.6 mi |
E 360 Stanford Avenue Sold 4 bd · 3 ba · 1,865 sqft · $2,107 · 0.9 mi | $3,930,000 | 4 | 3 | 1,865 | $2,107 | 0.9 mi |
F 2050 Williams Street Pending 6 bd · 3 ba · 2,826 sqft · $1,585 · 0.9 mi | $4,480,000 List Price | 6 | 3 | 2,826 | $1,585 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a full 'down to the studs' renovation approximately five years ago, featuring a gourmet chef's kitchen with Silestone quartz countertops, modern hardwood flooring, and updated systems including a multi-zone A/V distribution system. The interior and exterior are in mint condition, requiring no maintenance.
Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Palo Alto High School (9/10).
Extensively remodeled down to the studs with high-end finishes, a gourmet chef's kitchen, and integrated smart home technology, offering a seamless move-in-ready experience.
Situated within the prestigious Palo Alto Unified School District, providing access to top-rated institutions including Palo Alto High and Jane Lathrop Stanford Middle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2815, other record living area = 2745.
The property has undergone multiple price reductions and has remained on the market for 49 days, suggesting initial overpricing relative to current buyer demand.
At 6,030 square feet, the lot size is relatively standard for the area and may feel constrained for buyers seeking a more expansive private estate at this luxury price point.
This is it! Remodeled down to the studs about five years ago, this picture-perfect, move-in-ready home is waiting for you. Recently refreshed with new interior paint and professionally redesigned landscaping, this exceptional five-bedroom, four-bathroom home offers an ideal blend of luxury, comfort, and functionality. It features a Gourmet chef's kitchen with an open concept, custom cabinetry, and Silestone quartz countertops. Plus, a spacious second family room with a wet bar for extra flexibility when hosting guests or relaxing with family. Additional highlights include newer hardwood flooring, a generous laundry room, a whole-home multi-zone surround A/V distribution system, and security wiring. The backyard has been transformed into a private retreat with lush mature gardens, fruit trees, fresh sod, and mature landscaping, featuring a newly paved patio that creates a peaceful outdoor sanctuary with plenty of room to entertain or play. You can't miss it!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.5 |
| Baths | 4.0 | 2.4 |
| Square foot | 2,815 | 1,780.218 |
| Lot Size | 6,030 | 7,183.641 |
| Price | $5.19M | $3.95M |
| Price per sq ft | $1.8K | $2.2K |
| Built year | 1950 | 1952 |
| HOA | $0 | $0 |
| Days on market | 84 | 30 |
Sep 29, 2026
$5,188,000
$5,498,000
-6% Price Drop
Initial Listing
Sep 11, 2026
$5,498,000
$5,700,000
-4% Price Drop
Initial Listing
Aug 20, 2026
$5,700,000
$5,998,000
-5% Price Drop
Initial Listing
Aug 1, 2026
$5,998,000
Initial Listing
Mar 7, 2022
$4,700,000
Public Record
Nov 10, 2020
$2,850,000
Public Record
Aug 1, 2005
$180,000
Public Record