410 Wilton Avenue, Palo Alto, California 94306, Palo Alto, 94306 - 4 bed, 2 bath
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Palo Alto, California 94306
This Prime Development Opportunity is a High-Potential Investment Opportunity listed at $2,998,000—positioned well below the $3,099,286 Fair Market Value by 3%. This valuation gap provides $101,286 in Instant Equity. While maintaining a Fair Condition Rating, the property features an expansive 8,906 sq.ft. level lot with a detached studio, covered patio, and ADU potential. Located in the Ventura neighborhood near top-rated Palo Alto Unified schools, it offers significant upside through modernization. This is an ideal acquisition for Value-Add Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 410 Wilton Avenue Subject | $2,998,000* List Price | 4 | 2 | 1,694 | $1,830 | - |
A 225 W Meadow Drive Sold | $2,830,000 | 3 | 2 | 1,680 | $1,685 | 0.5 mi |
B 3665 South Court Sold | $3,500,000 | 4 | 3 | 2,358 | $1,484 | 0.8 mi |
C 342 Carolina Lane Sold | $3,083,000 | 5 | 3 | 2,365 | $1,304 | 0.7 mi |
D 997 Ilima Way Active | $2,990,000 List Price | 4 | 2 | 1,478 | $2,023 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this home is well-maintained but dated. The kitchen features older tile countertops and appliances, and the presence of wall heaters suggests the lack of a modern central HVAC system. While clean and livable, the listing's emphasis on the opportunity to 'remodel, expand or build new' aligns with the Fair rating for a property needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8906, living area = 1694.
The expansive 8,906 sq.ft. level lot offers a rare opportunity in Palo Alto to remodel, expand, or build a custom new residence in a high-demand area.
Located in the Ventura neighborhood, the property provides access to top-rated Palo Alto schools and is less than a mile from the vibrant California Avenue dining and transit corridor.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8906, other record lot size in square feet = 7750.
Built in 1947, the existing residence likely requires substantial modernization or a complete rebuild to meet the expectations of contemporary luxury buyers.
At a list price of nearly $3 million, the property represents a significant investment where the primary value lies in the lot, necessitating additional capital for improvements.
Prime opportunity to remodel, expand or build new on an over 8,900 sq.ft. level lot in Palo Alto's Ventura neighborhood. Pride of ownership is abundant in the existing, well maintained single family residence offering 1,694 sq.ft. of comfortable living space with 4 bedrooms and 2 full bathrooms. A converted garage offers additional living space with potential for ADU conversion (buyer to verify) and a detached studio makes for a quiet office or artist's space. The level yard offers multiple spaces to gather and relax including a covered patio, vegetable garden and plethora of fruit and citrus trees. Top rated Palo Alto schools and less than 1 mile from vibrant California Avenue with fantastic restaurants and Sunday farmer's market. Convenient access to Caltrain Station, El Camino corridor and Highway 101 for easy commuting. This home is a must-see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,694 | 1,793.5 | 35% |
| Lot Size | 8,906 | 7,200 | 88% |
| Price | $3.00M | $3.50M | 21% |
| Price per sq ft | $1.8K | $1.9K | 44% |
| Built year | 1947 | 1953 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 119 | 3% |
Apr 17, 2026
$2,998,000
Initial Listing