315 Homer Avenue 309, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 2 bath

315 Homer Avenue 309, Palo Alto, California 94301 home-pic-0
ACTIVE UNDER CONTRACT$2,988,000
315 Homer Avenue 309, Palo Alto, California 94301
2Beds
2Baths
1,801Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the highly sought-after Downtown Palo Alto, offering immediate access to world-class dining, Whole Foods, parks, top-rated schools, and Stanford University.
Top Cons:
Substantial Association Fees: The monthly association fee of $1,045 is considerably high, adding a significant recurring cost to ownership.

Compared to the nearby listings

Price:$2.99M vs avg $1.90M (+$1,093,000)83%
Size:1,801 sqft vs avg 1,465 sqft83%
Price/sqft:$1.7K vs avg $1.3K83%

More Insights

This property has been on the market for 76 days.
Built in 2004 (21 years old).
Condition: Built in 2004, this property is 20 years old but presents as move-in ready with significant updates. The kitchen features high-end stainless steel appliances and ample cabinetry, though the cabinet style is a bit more traditional. Both bathrooms have been extensively updated with modern tiling, curb-less entry showers, and contemporary fixtures, appearing virtually new. The overall interior boasts vaulted ceilings, fresh paint, and well-maintained flooring (light carpet, hardwood, and tile), along with modern light fixtures. While not a brand-new build or explicitly stated as fully renovated within the last 5 years, the property's condition, particularly the updated bathrooms and high-quality kitchen, aligns well with the 'Good' criteria of being extensively renovated within 5 to 15 years and having well-maintained systems with minimal wear and tear.
Year Built
2004
Close
-
List price
$2.99M
Original List price
$2.99M
Price/Sqft
$1,659
HOA
$1,045
Days on market
76 Days
Sold On
2025-12-31
MLS number
ML82025008
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

The Weatherly at University Park, one of the most sought after locations in Downtown Palo Alto. With secure access, serene entry, gated underground parking- two parking spaces, one with EV charging, and full elevator access. Experience this rare top-floor unit, one of the largest floor plans in the building. Vaulted ceilings and over-sized windows create sun-drenched spaces. A spacious formal entry welcomes you into the sophisticated interior with a large family room, centered around a gas fireplace, charming built-ins and large dining area, plus private patio. The grand kitchen has ample cabinetry, high-end stainless steel appliances including gas cooktop, and an eat-in breakfast nook. Two spacious bedrooms including a grand Primary Suite with high ceilings, private terrace and en-suite bath with long dual vanity, and curb-less entry tile shower. Plus large walk-in closet. The second bedroom again with high ceilings is bathed in natural light. The upgraded hall bath has a curb-less entry shower. Interior laundry, central heating/cooling. Dedicated large separate storage area, and dedicated bike storage locker. Moments from world-class dining, Whole Foods, parks, highly rated schools, and Stanford University. Experience this premiere location for yourself today.

Condition Rating
Good

Built in 2004, this property is 20 years old but presents as move-in ready with significant updates. The kitchen features high-end stainless steel appliances and ample cabinetry, though the cabinet style is a bit more traditional. Both bathrooms have been extensively updated with modern tiling, curb-less entry showers, and contemporary fixtures, appearing virtually new. The overall interior boasts vaulted ceilings, fresh paint, and well-maintained flooring (light carpet, hardwood, and tile), along with modern light fixtures. While not a brand-new build or explicitly stated as fully renovated within the last 5 years, the property's condition, particularly the updated bathrooms and high-quality kitchen, aligns well with the 'Good' criteria of being extensively renovated within 5 to 15 years and having well-maintained systems with minimal wear and tear.
Pros & Cons

Pros

Prime Downtown Location: Situated in the highly sought-after Downtown Palo Alto, offering immediate access to world-class dining, Whole Foods, parks, top-rated schools, and Stanford University.
Luxury Top-Floor Unit: A rare top-floor unit featuring one of the building's largest floor plans, vaulted ceilings, oversized windows for abundant natural light, and a private patio/terrace with city views.
Premium Building Amenities & Security: Offers secure access, serene entry, full elevator access, and gated underground parking with two spaces, including one with EV charging.
High-End Interior Finishes: Boasts a grand kitchen with ample cabinetry and high-end stainless steel appliances, a gas fireplace, charming built-ins, and upgraded baths with curb-less entry showers.
Modern Conveniences & Storage: Equipped with central heating/cooling, interior laundry, a dedicated large separate storage area, and a dedicated bike storage locker.

Cons

Substantial Association Fees: The monthly association fee of $1,045 is considerably high, adding a significant recurring cost to ownership.
Premium Price Point: Listed at $2.988 million, the property commands a premium price, which may limit the pool of potential buyers despite its luxury features and location.
Condominium Living Limitations: As a condominium, it offers limited private outdoor space compared to single-family homes, which might not suit buyers seeking a larger yard or more extensive personal grounds.

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