4159 El Camino Way B, Palo Alto, California 94306, Palo Alto, 94306 - 2 bed, 2 bath
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Palo Alto, California 94306
This Modernized Palo Alto Condominium is a Strong Value Opportunity, listed at $1,028,000—positioned well below the $1,134,407 Fair Market Value by 9%. This valuation gap offers $106,407 in Instant Equity for savvy buyers. Boasting a Condition Rating of 3, the 1,310 sq ft floor plan features a functional split-bedroom layout, quartz countertops, and an expansive front patio. Located within the elite Palo Alto Unified School District near Henry M. Gunn High, this residence combines lifestyle excellence with significant appreciation potential. It is a premier choice for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4159 El Camino Way B Subject | $1,028,000* List Price | 2 | 2 | 1,310 | $866 | - |
A 4250 El Camino Real A305 Active | $998,000 List Price | 2 | 2 | 1,141 | $875 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several modern updates, including wide-plank flooring, recessed lighting, and a kitchen with quartz countertops and a professional-style faucet. While the 1987 construction is evident in some areas, such as the older pink bathroom tiling, the home has been well-maintained and partially renovated to meet current aesthetic standards.
High School: Henry M. Gunn High School (9/10).
Situated in a highly sought-after Palo Alto neighborhood with convenient access to Stanford University and major employers, while benefiting from the prestigious Palo Alto Unified School District, including the top-rated Henry M. Gunn High School.
The generous 1,310 sq ft floor plan features bedrooms positioned on opposite wings for maximum privacy, with each room offering direct access to an expansive front patio that enhances the indoor-outdoor living experience.
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 significantly high for a condominium, which may impact the overall monthly affordability and appeal for budget-conscious buyers.
The listing relies on photographs from a prior listing rather than current images, which may create uncertainty regarding the property's actual present-day condition and maintenance.
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 | 1,385.5 | 25% |
| Lot Size | 7,035 | - | 95% |
| Price | $1.03M | $1.39M | 20% |
| Price per sq ft | $785 | $1.0K | 10% |
| Built year | 1987 | 1997 | 20% |
| HOA | $887.0 | $829 | 75% |
| Days on market | 41 | 134 | 5% |
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