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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$4,650,000$2,726/sqft
Est. Value: $4,703,673
1%
FairlyEstimate
3502 Arbutus Avenue, Palo Alto, California 94303
4Beds
3Baths
2,726Sqft
12,240Lot

Price Vs. Estimate

The estimated value ($4,703,672.85) is $53,672.85 (1%) lower than the list price ($4,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12240, living area = 2726.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2726, other record living area = 2002.

Compared to the nearby listings

Price:$4.65M vs avg $3.20M (+$1,450,000)89%
Size:2,726 sqft vs avg 1,580 sqft87%
Price/sqft:$1.7K vs avg $1.7K49%

More Insights

Built in 1957 (69 years old).
Condition: Despite being built in 1957, the property has undergone a 'fully modernized' and 'state-of-the-art renovation' with 'high-performance systems' as stated in the description. The images confirm this with a brand new, high-end gourmet kitchen featuring Sub-Zero and Wolf appliances, quartz waterfall island, and custom cabinetry. The bathrooms are spa-like with modern fixtures, soaking tub, rainfall shower, and contemporary vanities. New radiant heated floors, split AC, foam roof, double-pane windows, and EV charging further indicate that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1957
Close
-
List price
$4.65M
Original List price
$4.65M
Price/Sqft
$1,706
HOA
-
Days on market
-
Sold On
-
MLS number
ML82027125
Home ConditionExcellent
Features
Patio
View-

About this home

Set on a quiet inner street on one of the largest lots in the area, this rare, fully modernized masterpiece preserves Joseph Eichlers vision of light and indoor-outdoor flow, thoughtfully renovated w/ todays high-performance systems. A light-filled, zen-inspired entry w/ skylights and clerestory windows opens to flowing interiors w/ new radiant heated floors. An exceptionally open, wide-scale living room features a dual see-through fireplace and luxury Fleetwood walls of glass opening to a covered patio, private green lawn, and side yard w/ BBQ. The gourmet kitchen showcases a large quartz waterfall island, custom cabinetry, and high-end appliances including Sub-Zero fridges and Wolf ovens. Formal dining and breakfast nook are both warmed by fireplaces, great for entertaining. The primary suite is a private retreat w/ multiple custom closets and a spa-like bath featuring a soaking tub, rainfall shower, foot bath, and designer fixtures by Axor and Duravit. 2 more bedrooms share a refined hall bath, a 4th bedroom or office and a powder room complete the home. Additional highlights include split AC for year-round comfort, foam roof for extra insulation, double-pane windows and doors, ample storage, and a 2-car garage w/ universal EV charging (Tesla / J1772). Top-rated schools!

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Wen Guo RE Group
Listing Agent

Nearby schools

9/10
Jane Lathrop Stanford Middle School
Public,•6-8•0.5mi
9/10
Henry M. Gunn High School
Public,•9-12•2.2mi
Condition Rating
Excellent
Despite being built in 1957, the property has undergone a 'fully modernized' and 'state-of-the-art renovation' with 'high-performance systems' as stated in the description. The images confirm this with a brand new, high-end gourmet kitchen featuring Sub-Zero and Wolf appliances, quartz waterfall island, and custom cabinetry. The bathrooms are spa-like with modern fixtures, soaking tub, rainfall shower, and contemporary vanities. New radiant heated floors, split AC, foam roof, double-pane windows, and EV charging further indicate that all major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12240, living area = 2726.
Great Schools: Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
Prime Location & Expansive Lot: Situated on a quiet inner street in Palo Alto, this property boasts one of the largest lots in the area, offering privacy and space in a highly desirable location with top-rated schools.
State-of-the-Art Renovation: The home has been fully modernized with high-performance systems, including new radiant heated floors, split AC, a foam roof, double-pane windows, and EV charging, ensuring contemporary comfort and efficiency.
High-End Gourmet Kitchen: Featuring a large quartz waterfall island, custom cabinetry, and premium Sub-Zero and Wolf appliances, the gourmet kitchen is designed for sophisticated culinary experiences.
Seamless Indoor-Outdoor Living: Preserving Joseph Eichler's vision, the property offers abundant natural light and a seamless indoor-outdoor flow with luxury Fleetwood walls of glass opening to a covered patio and private green spaces.
Spa-Like Primary Retreat: The private primary suite provides a luxurious escape with multiple custom closets and a spa-like bath featuring a soaking tub, rainfall shower, and high-end designer fixtures.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2726, other record living area = 2002.
Original Build Year: Despite extensive modernization, the property's original construction year of 1957 may raise questions for some buyers regarding underlying infrastructure or long-term maintenance considerations.
Modest Bedroom Count: With 4 bedrooms, the property offers a reasonable layout, but some high-end buyers in this market may seek a greater number of dedicated rooms or larger bedroom count for their investment.
Absence of Luxury Outdoor Amenities: While featuring a private green lawn and patio, the absence of a swimming pool or built-in spa might be a drawback for luxury buyers expecting these amenities on a large lot in this price range.
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