
Palo Alto, California 94306
This Turnkey Condominium is a Strong Value Opportunity, listed at $998,000—positioned well below the $1,053,970 Fair Market Value by 5%. This valuation gap offers $55,970 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen, private balcony with hill views, and in-unit laundry. Zoned for top-tier Palo Alto schools like Gunn High School, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4157 El Camino Way E Subject 2 bd · 2 ba · 1,119 sqft · $844 | $970,000* List Price | 2 | 2 | 1,119 | $844 | - |
A 4250 El Camino Real B120 Sold 2 bd · 1 ba · 1,032 sqft · $799 · 0.4 mi | $825,000 | 2 | 1 | 1,032 | $799 | 0.4 mi |
B 4250 El Camino Real B318 Active 2 bd · 2 ba · 960 sqft · $1,016 · 0.4 mi | $975,000 List Price | 2 | 2 | 960 | $1,016 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1987 but features a well-maintained 5-15 year old renovation. The kitchen is updated with cherry-hued cabinetry, granite countertops, and stainless steel appliances, and the bathrooms have been upgraded. The unit is fully functional and move-in ready.
High School: Henry M. Gunn High School (9/10).
The property is zoned for top-tier Palo Alto schools, including Gunn High School, which significantly bolsters long-term resale value and appeal to families.
Featuring both a large 136 SF fenced patio and a 140 SF balcony, the unit offers rare expansive private outdoor space for a condominium.
The $860 monthly association fee is substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1987, the building may require ongoing capital improvements, and modern amenities like EV charging are still in the implementation phase.
Welcome home to this beautifully updated, light and bright one-level, second floor condominium with elevator access and gated entry. In addition to the apx. 1119 SF of interior space, this unit has two great outdoor spaces for fresh-air living: a large covered and fully fenced front patio (apx. 136SF),plus sunny balcony (apx.140SF) with views of trees and distant western hills. Spacious living and dining room combination with a glass enclosed wood burning fireplace, recessed lighting; updated kitchen with stainless steel appliances, cherry-hued cabinetry, granite countertop with full-height backsplash; primary bedroom suite and second bedroom have walls of closets, two beautifully upgraded bathrooms,in-unit full size washer and dryer. Wonderfully private location in complex; gated access to courtyard, underground assigned parking space, and storage. Complex amenities include: Multiple EV charging stations (coming soon), gym, a complex laundry room, and beautifully landscaped courtyards. HOA covers water and garbage utilities. Convenient Location: Close to Stanford. Within 1.5 miles to San Antonio Center, Cal Ave farmers market. shops and restaurants. Excellent Briones ES, Fletcher MS, Gunn HS. Buyer to verify.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 1.3 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,119 | 1,213.364 |
| Lot Size | 1,462 | - |
| Price | $970.0K | $1.39M |
| Price per sq ft | $867 | $1.1K |
| Built year | 1987 | 1985 |
| HOA | $860.0 | $766 |
| Days on market | 42 | 61 |
Oct 23, 2026
$970,000
$980,000
-1% Price Drop
Initial Listing
Oct 9, 2026
$980,000
$998,000
-2% Price Drop
Initial Listing
Sep 12, 2026
$998,000
Initial Listing
Nov 9, 2012
$520,000
Public Record
Oct 26, 2004
$425,000
Public Record
Mar 7, 1997
$230,000
Public Record