
Palo Alto, California 94306
This Single Family Residence is a Strong Value Opportunity, listed at $4,798,000—positioned well below the $4,627,853 Fair Market Value by -3%. While the list price reflects a premium, the property features a Good Condition Rating and a versatile Detached ADU, perfect for rental income or guest space. Located in the prestigious Palo Alto Unified School District with top-rated schools like Gunn High, this home offers long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime Palo Alto location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3359 Saint Michael Court Subject | $4,798,000* List Price | 5 | 3 | 2,650 | $1,746 | - |
A 3665 South Court Sold | $3,500,000 | 4 | 3 | 2,358 | $1,484 | 0.5 mi |
B 3408 South Court Sold | $5,600,000 | 4 | 3 | 2,400 | $2,333 | 0.3 mi |
C 3286 South Ct Sold | $4,900,000 | 4 | 4 | 2,376 | $2,062 | 0.3 mi |
D 3862 Mumford Place Sold | $4,350,000 | 4 | 3 | 2,077 | $2,094 | 0.8 mi |
E 411 Adobe Place Sold | $3,750,000 | 3 | 2 | 1,690 | $2,219 | 0.8 mi |
F 3645 Ramona Street Active | $3,488,000 List Price | 4 | 3 | 1,859 | $1,876 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1955 but significantly updated, this home is in well-maintained, move-in ready condition. The kitchen features newer stainless steel appliances and the hardwood floors are in great shape. While the kitchen cabinetry and bathroom tile work appear dated (likely 15-20 years old), the overall maintenance, modern light fixtures, and the addition of a detached ADU justify a 'Good' rating.
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 includes a detached ADU with a kitchenette and full bathroom, providing exceptional versatility for rental income, a private home office, or guest accommodations.
Located within the prestigious Palo Alto Unified School District, the home offers access to top-rated institutions like Gunn High and JLS Middle, ensuring long-term property value and desirability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2650, other record living area = 2370. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
With a list price of nearly $4.8M on a 6,832 sqft lot, the property carries a premium price tag that may be a deterrent for buyers seeking more expansive outdoor space.
Originally built in 1955, the home may require significant capital investment to modernize older systems or structural elements to meet contemporary luxury standards.
Beautiful 5 Bedroom 3 Bathroom Home on Private Cul-de-Sac. Formal Entry. Elegant Living Room with Fireplace and Built-in Shelves. Dining Area. Chef's Eat-in Kitchen Features Stainless Steel Appliances, Bay Window, and Family Room Area with Fireplace and Built-in Cabinets. Main Level Primary Bedroom Features Stall Shower and Built-in Shelves and Desk. 5 Spacious Bedrooms. 3 Bathrooms. Upper Level Features Two Bedrooms and a Jack and Jill Bathroom. Interior Features Include High Ceilings and Ample Natural Light. Detached ADU Features Kitchenette and Full Bathroom. Lovely Landscaped Yard with Deck and Trellis. Award-Winning Palo Alto Schools
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,650 | 1,500 |
| Lot Size | 6,832 | 7,500 |
| Price | $4.80M | $3.80M |
| Price per sq ft | $1.8K | $2.2K |
| Built year | 1955 | 1950 |
| HOA | $0 | $0 |
| Days on market | 6 | 31 |
Jul 16, 2026
$4,798,000
Initial Listing