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360 Fernando Avenue, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath

360 Fernando Avenue, Palo Alto, California 94306 home-pic-0
ACTIVE$1,920,000
360 Fernando Avenue, Palo Alto, California 94306
2Beds
2Baths
903Sqft
3,045Lot
Year Built
1966
Close
-
List price
$1.92M
Original List price
$1.92M
Price/Sqft
$2,126
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021149
Home ConditionGood
Features
Deck
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.92M(3th), sqft - 903(3th), beds - 2(3th), baths - 2(50th).

Tucked behind lush greenery lies a hidden gem in Palo Alto's Ventura neighborhood--a serene and understated home exuding quiet elegance. This 2-bedroom, 1.5-bath retreat offers abundant natural light and effortless, low-maintenance living. Light flooring and cabinetry, leather-finished granite countertops, and stainless steel appliances create a harmonious blend of style and tranquility. A detached bonus structure in the backyard provides versatile space for an office, studio, or creative retreat. Decorative reed fencing adds to the homes appeal. There is also a one car attached garage. With newly renovated Boulware Park just next door, minutes to shopping, midtown and downtown Palo Alto this home is a rare find offering both peace and convenience. (please note 1/2 bath was added without benefit of permit).

Price History

Date
Event
Price
09/11/25
Listing
$1,920,000
Condition Rating
Good
The property, built in 1966, has undergone significant cosmetic renovations, making it move-in ready. The kitchen features modern light cabinetry, leather-finished granite countertops, and stainless steel appliances. Both bathrooms are updated, with one showcasing a very modern floating vanity and the other a contemporary vanity with granite and a glass-enclosed shower. Flooring throughout the living areas is a modern light wood-look. While the core systems (HVAC, plumbing, electrical) may still be older due to the original build year, the visible updates are extensive and appear to be within the last 5-15 years, aligning with a 'good' condition rating. The unpermitted half bath is a legal concern, not a condition one.
Pros & Cons

Pros

Prime Location: Situated in Palo Alto's desirable Ventura neighborhood, offering convenient access to shopping, midtown, downtown Palo Alto, and adjacent to the newly renovated Boulware Park.
Versatile Bonus Structure: A detached bonus structure in the backyard provides flexible space ideal for a home office, art studio, or creative retreat, adding significant value and utility.
Modern Interior Finishes: The home features updated light flooring, cabinetry, leather-finished granite countertops, and stainless steel appliances, creating a stylish and tranquil living environment.
Low-Maintenance Living: Designed for effortless, low-maintenance living, appealing to buyers seeking convenience and a simplified lifestyle.
Abundant Natural Light: The property benefits from abundant natural light throughout, enhancing its serene atmosphere and overall appeal.

Cons

Unpermitted Renovation: The 1/2 bath was added without the benefit of a permit, which could lead to potential legal complications, require remediation, or impact future resale value.
Limited Living Space: With 903 sqft, 2 bedrooms, and 1.5 baths, the property offers relatively compact living quarters, which may not meet the needs of all potential buyers, particularly those seeking more space.
Older Construction (Potential System Updates): Built in 1966, while cosmetic updates are present, core systems (e.g., plumbing, electrical, HVAC) may be original or require significant upgrades, potentially incurring future costs for a buyer.

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