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 $4,198,000, reflecting a premium position relative to its $3,847,586 Fair Market Value. While priced above market, the property offers a Turnkey Lifestyle Asset featuring a 2016 rebuild, Granite Kitchen, and Hardwood Flooring. Situated in the elite Palo Alto Unified School District, this home provides immediate access to top-tier education and Midtown amenities. With an Excellent Condition Rating, it eliminates renovation stress for the buyer. This property is the ideal sanctuary for growing families or discerning professionals seeking a high-end, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Margarita Avenue Subject | $4,198,000* List Price | 4 | 4 | 2,478 | $1,553 | - |
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 |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was completely rebuilt in 2016, making it less than 10 years old. It features a modern kitchen with granite countertops and stainless steel appliances, high-end bathrooms with quartz and designer tile, and newer central HVAC systems, all in mint condition.
The property is zoned for award-winning Palo Alto schools, including Henry Gunn High, which is a primary driver for property value and long-term appreciation in this region.
Completely rebuilt in 2016, the home features contemporary infrastructure, high ceilings, central A/C, and energy-efficient double-pane windows, offering a turn-key experience rare for the area.
Boasting a high walkability factor, the home is situated near Midtown shops, parks, and Stanford University, providing easy access to major tech hubs and commuter routes.
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.
The 5,400 sqft lot is relatively small for a $4M+ price point, and the hardscaped backyard lacks traditional green space or a lawn for families with pets or children.
At nearly $1,700 per square foot, the property is positioned at the higher end of the market, which may limit the pool of buyers sensitive to current interest rate environments.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 2.0 | 82% |
| Square foot | 2,478 | 1,812 | 84% |
| Lot Size | 5,400 | 7,080 | 13% |
| Price | $4.20M | $3.50M | 66% |
| Price per sq ft | $1.7K | $2.0K | 29% |
| Built year | 2016 | 1952 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 92 | 3% |
Jun 2, 2026
$4,198,000
Initial Listing
Jul 17, 2014
$1,259,000
Public Record