4159 El Camino Way B, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath
Loading property details...
Palo Alto, California 94306
This Spacious Palo Alto Condominium represents a High-Potential Investment Opportunity, listed at $1,028,000—positioned well below the $1,152,075 Fair Market Value by 10%. This valuation gap provides $124,075 in Instant Equity for buyers entering the elite Silicon Valley market. Boasting a Condition Rating of 3, the home is move-in ready with quartz countertops and a rare expansive front patio. Residents benefit from the prestigious Palo Alto Unified School District, including Henry M. Gunn High School. This is a strategic acquisition for Owner-Occupants or first-time buyers seeking long-term appreciation.
Property is move-in ready.
Built in 1987, this property is well-maintained and move-in ready. The living areas feature modern wide-plank flooring and recessed lighting. The kitchen has been refreshed with quartz countertops and a breakfast bar, though appliances are standard white rather than high-end stainless. While the main living spaces appear updated, the bathroom retains dated 1980s-era pink tiling, indicating a partial rather than full renovation.
High School: Henry M. Gunn High School (9/10).
Situated in a highly desirable Palo Alto neighborhood with access to elite schools like Henry M. Gunn High, and offering close proximity to Stanford University, CalTrain, and major Silicon Valley employers.
The 1,310 sq ft single-story floor plan features a desirable split-bedroom design for maximum privacy, complemented by a bright, open living area with modern quartz countertops and upgraded appliances.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7035, other record lot size in square feet = 1984.
The association fee of $887 per month is relatively high, which significantly increases the total monthly carrying cost and may impact buyer affordability.
Located just off El Camino Real, the property is subject to significant ambient street noise, which may detract from the tranquility of the outdoor patio and living spaces.
Prime Palo Alto location! Light-filled single-story 2BD/2BA condo offering 1,310 sq ft of bright, open living space. Spacious living/dining area w/ fireplace & two large sliding doors opening to an expansive front patio ideal for indoor-outdoor living and entertaining. Kitchen overlooks the dining area w/ quartz countertops, breakfast bar seating & upgraded appliances. Bedrooms are positioned on opposite wings for separation, each w/ direct patio access. The primary suite features a large closet and en-suite bath, while the secondary bedroom offers an adjacent bath and generous closet space. Additional highlights include secured underground 1-car garage parking, guest parking, storage off the patio & in-unit laundry. Convenient access to shops, cafes, dining, parks & everyday amenities. Close proximity to downtown Palo Alto, Stanford, CalTrain & major Silicon Valley employers. Photo's are from prior listing.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 1.3 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,310 | 1,371 | 31% |
| Lot Size | 7,035 | - | 94% |
| Price | $1.03M | $1.30M | 19% |
| Price per sq ft | $785 | $1.0K | 13% |
| Built year | 1987 | 1997 | 19% |
| HOA | $887.0 | $828 | 88% |
| Days on market | 96 | 182 | 19% |
Mar 12, 2026
$1,028,000
Initial Listing
Dec 9, 2022
$1,075,000
Public Record
Jul 12, 2022
$1,100,000
Public Record
Apr 10, 2014
$860,000
Public Record
Mar 21, 2002
$478,000
Public Record