
Palo Alto, California 94306
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $1,995,000—positioned well below the $2,046,719 Fair Market Value by 2%. This valuation gap offers $51,719 in Instant Equity. Featuring an Excellent Condition Rating with modern renovations, the home includes four private decks and a spacious, functional layout. Located in the prestigious Evergreen Park neighborhood near Top-Rated Palo Alto Schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, move-in ready residence.
Property is new construction or fully renovated.
Built in 1982 but features high-end, modern renovations throughout. The bathrooms have been tastefully remodeled with contemporary tile work and floating vanities consistent with a <5-year-old renovation. The interior is in mint condition with updated hardwood flooring, fresh paint, and modern fixtures, making it fully move-in ready.
High School: Palo Alto High School (9/10).
Situated in the highly desirable Evergreen Park neighborhood, this property offers exceptional proximity to Stanford University, Caltrain, and the vibrant shops and restaurants on California Avenue.
With 4 bedrooms, 4 bathrooms, and over 2,000 square feet of living space, this unit provides the functionality and privacy of a single-family home, featuring two primary suites and soaring ceilings.
The association fee of $912 per month is substantial, which may impact the overall affordability and appeal for budget-conscious buyers compared to lower-fee alternatives.
Built in 1982, the complex may lack the modern energy-efficient systems and contemporary architectural aesthetics found in newer luxury developments in the Palo Alto area.
Located in the highly desirable Evergreen Park neighborhood, this rarely available and beautifully updated 4-bedroom, 4-bathroom condominium offers exceptional space, comfort, and convenience. Situated in an intimate 9-unit complex, the thoughtfully designed floor plan features two expansive primary suites, four tastefully remodeled bathrooms, soaring ceilings, two fireplaces, and three sun-filled private decks, creating the feel and functionality of a single-family home. There are two car spaces in the garage area, including a large, secure storage room. Nice sun decks are part of this beautiful home. Enjoy bright, open living spaces and an unbeatable location just moments from Stanford University, a Caltrain station, Peers Park, and the vibrant shops, restaurants, and popular weekly farmers market on California Avenue. The home is served by top-rated Palo Alto schools, including Escondido Elementary School, Greene Middle School, and Palo Alto High School (buyer to verify enrollment eligibility). Additional features include secure underground parking for two vehicles, a spacious private storage closet, and elevator access from the garage to all residential levels for added convenience.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,015 | 1,126.5 |
| Lot Size | 1,485 | - |
| Price | $2.00M | $1.31M |
| Price per sq ft | $990 | $1.1K |
| Built year | 1982 | 1988 |
| HOA | $912.0 | $834 |
| Days on market | 26 | 49 |
Aug 14, 2026
$1,995,000
Initial Listing
Jul 20, 2022
$2,040,000
Public Record
Mar 5, 2015
$1,770,000
Public Record