455 Margarita Avenue, Palo Alto, California 94306, Palo Alto, 94306 - 4 bed, 4 bath
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Palo Alto, California 94306
This Stunning Move-In Ready Home is listed at $3,988,000, reflecting a stable price point near its $3,959,900 Fair Market Value. Impeccably rebuilt in 2016, the property features a Modern 2016 Rebuild with a Granite Kitchen, Hardwood Flooring, and a Private Patio. With an Excellent Condition Rating, this residence offers a seamless lifestyle in the prestigious Palo Alto Unified School District, serving Barron Park Elementary and Henry Gunn High. Its versatile layout and proximity to Stanford University make this an ideal sanctuary for growing families or discerning professionals seeking a turnkey Palo Alto residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Margarita Avenue Subject | $3,988,000* List Price | 4 | 4 | 2,478 | $1,598 | - |
A 3286 South Ct Sold | $4,900,000 | 4 | 4 | 2,376 | $2,062 | 0.5 mi |
B 3665 South Court Sold | $3,500,000 | 4 | 3 | 2,358 | $1,484 | 0.9 mi |
C 745 Barron Avenue Sold | $4,430,000 | 5 | 5 | 3,009 | $1,472 | 0.4 mi |
D 342 Carolina Lane Sold | $3,083,000 | 5 | 3 | 2,365 | $1,304 | 0.8 mi |
E 4133 Wilkie Way Sold | $3,327,000 | 3 | 2 | 1,596 | $2,085 | 0.7 mi |
F 4134 Wilkie Way Sold | $3,260,000 | 3 | 2 | 1,619 | $2,014 | 0.7 mi |
G 315 W Meadow Drive Sold | $3,456,000 | 4 | 2 | 1,710 | $2,021 | 0.6 mi |
H 3645 Ramona Street Pending | $3,488,000 List Price | 4 | 3 | 1,859 | $1,876 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was rebuilt and completed in 2016, making it less than 10 years old. It features a modern kitchen with granite countertops and stainless steel appliances, designer bathrooms with quartz counters, hardwood flooring throughout, and updated central HVAC systems, meeting all criteria for mint condition.
Unlike many older homes in the area, this property was impeccably rebuilt in 2016, offering contemporary designer finishes, high ceilings, and modern infrastructure including central A/C and double-pane windows.
The home provides access to top-tier Palo Alto schools—Barron Park Elementary, Ellen Fletcher Middle, and Henry Gunn High—which serves as a major driver for both lifestyle quality and long-term property value.
The 2,478 sqft floor plan is highly functional, featuring four spacious bedrooms and a desirable downstairs primary suite, making it ideal for multi-generational living or buyers seeking long-term accessibility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2478, other record living area = 2074. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 50 days on the market and two consecutive price reductions from the original $4.198M listing, the property is currently facing market resistance, suggesting the initial pricing may have exceeded local buyer expectations.
The 5,400 sqft lot is primarily hardscaped; while low-maintenance, the lack of a traditional lawn or significant softscaping may be a drawback for families desiring a classic suburban backyard.
Welcome to this beautifully rebuilt, 2016-completed, home with top Palo Alto schools. Impeccably rebuilt with stunning designer touches completed in 2016. Open kitchen with Granite countertops, stainless steel appliances, designer accent tile backsplash and 5 burner gas cooktop. Hardwood flooring throughout. High ceilings. Wonderfully appointed bathrooms. All four bedrooms are spacious. Large downstairs primary suite. Beautiful primary bathroom with dual sinks, rainfall shower head, designer accented tiles and Quartz countertops. Double pane windows. Central A/C & central heating. Inside laundry. Private hardscaped backyard for outdoor relaxation and dining. Additional small structure and shed in the backyard. Walkable Palo Alto neighborhood near parks and Midtown shops. Convenient proximity to all three schools, El Camino Real, Caltrain, Stanford University, highway 280 and I-101. Award-winning Palo Alto schools: Barron Park Elementary, Ellen Fletcher Middle and Henry Gunn High.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,478 | 1,500 |
| Lot Size | 5,400 | 7,500 |
| Price | $3.99M | $3.80M |
| Price per sq ft | $1.6K | $2.2K |
| Built year | 2016 | 1950 |
| HOA | $0 | $0 |
| Days on market | 50 | 31 |
Jul 22, 2026
$3,988,000
$4,098,000
-3% Price Drop
Initial Listing
Jul 8, 2026
$4,098,000
$4,198,000
-2% Price Drop
Initial Listing
Jun 2, 2026
$4,198,000
Initial Listing
Jul 17, 2014
$1,259,000
Public Record