3502 Arbutus Avenue, Palo Alto, California 94303, Palo Alto, 94303 - 4 bed, 3 bath

3502 Arbutus Avenue, Palo Alto, California 94303 home-pic-0
ACTIVE$4,800,000
3502 Arbutus Avenue, Palo Alto, California 94303
4Beds
3Baths
2,726Sqft
9,798Lot

Price Vs. Estimate

The estimated value ($4,723,363.34) is $76,636.66 (1%) lower than the list price ($4,800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
Top Cons:
Significant Price Adjustment: The current list price of $4.8M represents a substantial increase from the original list price of $3.888M, which may warrant scrutiny regarding market valuation or pricing strategy.

Compared to the nearby listings

Price:$4.80M vs avg $3.19M (+$1,607,500)90%
Size:2,726 sqft vs avg 1,557.5 sqft86%
Price/sqft:$1.8K vs avg $1.7K50%

More Insights

Built in 1957 (68 years old).
Condition: Despite being built in 1957, this Eichler home has undergone a comprehensive and high-quality modernization, as explicitly stated in the description and evident in the images. The kitchen is a 'spectacular chef's kitchen with high-end appliances,' featuring modern flat-panel cabinetry, a large island, and integrated appliances. The primary suite boasts a 'private spa with a soaking tub, rainfall shower, and foot bath,' and the visible bathroom elements are sleek and contemporary. Throughout the home, radiant heated floors, split AC units, modern light fixtures, and a mix of pristine tile and hardwood flooring indicate a very recent and extensive renovation, meeting current quality standards with virtually new components.
Year Built
1957
Close
-
List price
$4.8M
Original List price
$3.89M
Price/Sqft
$1,761
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024837
Home ConditionExcellent
Features
Patio
View-

About this home

Set on a nearly quarter-acre lot, this 4-bedroom Eichler gem blends a beautifully updated, modernized floorplan with the timeless qualities that define the genre. Open, flowing spaces feature radiant heated floors and iconic walls of glass that blur the line between indoors and out. Multiple fireplaces add warmth and cohesion throughout the living and dining areas and breakfast nook adjoining a spectacular chef's kitchen with high-end appliances. The primary suite evokes a private spa with a soaking tub, rainfall shower, and foot bath. Outside, a covered patio with built-in fire pit, lush lawn, and built-in grill create the perfect setting for entertaining. Split AC units ensure year-round comfort, while ample storage and a 2-car garage with Tesla charger offer everyday ease. Conveniently located near parks, Midtown Shopping Center, California Avenue, and top-rated schools including JLS Middle and Gunn High (buyer to verify eligibility).

Nearby schools

9/10
Jane Lathrop Stanford Middle School
Public,6-80.5mi
9/10
Henry M. Gunn High School
Public,9-122.2mi
Condition Rating
Excellent

Despite being built in 1957, this Eichler home has undergone a comprehensive and high-quality modernization, as explicitly stated in the description and evident in the images. The kitchen is a 'spectacular chef's kitchen with high-end appliances,' featuring modern flat-panel cabinetry, a large island, and integrated appliances. The primary suite boasts a 'private spa with a soaking tub, rainfall shower, and foot bath,' and the visible bathroom elements are sleek and contemporary. Throughout the home, radiant heated floors, split AC units, modern light fixtures, and a mix of pristine tile and hardwood flooring indicate a very recent and extensive renovation, meeting current quality standards with virtually new components.
Pros & Cons

Pros

Great Schools: Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
Architectural Significance & Modernization: This Eichler gem features a beautifully updated, modernized floorplan that seamlessly blends timeless design with contemporary living, including radiant heated floors and iconic walls of glass.
Luxury Chef's Kitchen: The property boasts a spectacular chef's kitchen equipped with high-end appliances, ideal for culinary enthusiasts and entertaining.
Spa-like Primary Suite: The primary suite offers a private, luxurious retreat with a soaking tub, rainfall shower, and foot bath, providing an exceptional personal spa experience.
Exceptional Outdoor Living & Entertainment: A nearly quarter-acre lot features a covered patio with a built-in fire pit, lush lawn, and built-in grill, creating an ideal setting for outdoor entertaining and relaxation.
Prime Location & Modern Amenities: Conveniently located near parks, Midtown Shopping Center, California Avenue, and top-rated schools, complemented by practical amenities like split AC units, ample storage, and a 2-car garage with a Tesla charger.

Cons

Significant Price Adjustment: The current list price of $4.8M represents a substantial increase from the original list price of $3.888M, which may warrant scrutiny regarding market valuation or pricing strategy.
School Eligibility Uncertainty: Prospective buyers are advised to verify eligibility for the top-rated JLS Middle and Gunn High schools, introducing a potential uncertainty for families prioritizing specific school attendance.
Niche Architectural Style Appeal: While highly desirable to a specific segment, the distinct Eichler architectural style may not appeal to all buyers, potentially narrowing the market pool compared to more traditional home designs.

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