3839 Nathan Way, Palo Alto, California 94303, Palo Alto, 94303 - 3 bed, 2 bath
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3839 Nathan Way
Palo Alto, California 94303
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,736Sq Ft
6,500Lot Size
Property Price
LIST PRICE$2,980,000
EST. MARKET VALUE
$3,272,175
8% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence represents a Strong Value Opportunity, listed at $2,980,000—positioned well below the $3,272,175 Fair Market Value by 8%. This valuation gap provides $292,175 in Instant Equity. Featuring a Mint Condition Rating with recent renovations, the home offers a functional single-level layout and a private patio. Zoned for elite Palo Alto Unified schools (9/10 ratings), this property is an ideal acquisition for Owner-Occupants or discerning families seeking a move-in ready home in a prime location.
Estimated Market Value
$3,272,175+$292,175 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Palo Alto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3839 Nathan Way Subject 3 bd · 2 ba · 1,736 sqft · $1,885 | $2,980,000* List Price | 3 | 2 | 1,736 | $1,885 | - |
A 3421 Greer Road Pending 4 bd · 3 ba · 1,850 sqft · $1,891 · 0.6 mi | $3,499,000 List Price | 4 | 3 | 1,850 | $1,891 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1956, the property shows evidence of a comprehensive recent renovation within the last 5 years. Visuals confirm modern black-frame windows, updated contemporary flooring, fresh interior paint, and a well-maintained exterior, indicating mint condition and move-in readiness.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
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).
- Elite School District
The property is zoned for top-rated Palo Alto Unified schools, including Fairmeadow Elementary, JLS Middle, and Gunn High, which significantly bolsters long-term property value and buyer demand.
- Prime Location and Walkability
Ideally situated with effortless access to Mitchell Park, Mitchell Park Library, and the Charleston Shopping Center, offering a highly convenient lifestyle for families and professionals.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1956, the home may require significant capital investment for modernizing core systems and cosmetic finishes to meet the expectations of today's luxury buyers.
- High Price Point per Square Foot
At a list price of $2.98M for a 1,736 sqft home on a standard 6,500 sqft lot, the property commands a premium price that may limit the pool of qualified buyers.
About 3839 Nathan Way
This single level home features a spacious layout and effortless access to Mitchell Park, Mitchell Park Library, and the Charleston Shopping Center, along with close proximity to major tech employers and key commute routes. Top rated Palo Alto schoolsFairmeadow Elementary, JLS Middle School, and Gunn High Schoolfurther enhance its long term value and appeal.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palo Alto Unified Schools
Fairmeadow Elementary School
Grades K-5 • 0.8 mi
9/10
Jane Lathrop Stanford Middle School
Grades 6-8 • 0.8 mi
9/10
Henry M. Gunn High School
Grades 9-12 • 2.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,736 | 1,780.218 |
| Lot Size | 6,500 | 7,183.641 |
| Price | $2.98M | $3.95M |
| Price per sq ft | $1.7K | $2.2K |
| Built year | 1956 | 1952 |
| HOA | $0 | $0 |
| Days on market | 16 | 30 |
Pricing History
Listed for Sale
Oct 8, 2026
$2,980,000
Initial Listing