
Palo Alto, California 94301
This Sophisticated Downtown Retreat is a turnkey residence listed at $1,675,000—positioned well below the $1,695,183 Fair Market Value by 1%. This valuation provides $20,183 in Instant Equity for a home boasting a Mint Condition Rating following a comprehensive refresh. The spacious 1,613 sq. ft. interior features Bosch appliances, custom closets, and three private patios overlooking serene redwoods. Located in a boutique complex within the prestigious Palo Alto Unified School District, it offers elite walkability to University Avenue. This property is ideal for Owner-Occupants or Professionals seeking luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 483 Forest Avenue C Subject | $1,675,000* List Price | 2 | 2 | 1,613 | $1,076 | - |
A 685 High Street 5a Sold | $1,695,000 | 2 | 3 | 1,530 | $1,108 | 0.3 mi |
B 101 Alma Street 908 Sold | $1,500,000 | 2 | 2 | 1,491 | $1,006 | 0.6 mi |
C 101 Alma Street 407 Sold | $1,495,000 | 2 | 2 | 1,444 | $1,035 | 0.6 mi |
D 165 Forest Avenue 4b Active | $1,546,000 List Price | 2 | 2 | 1,334 | $1,159 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1981, the property has undergone a recent comprehensive refresh and a complete exterior renovation. The interior features modern lighting, high-end Bosch appliances, and custom closet systems, presenting a mint-condition, move-in ready home that meets the criteria for a recent high-quality renovation.
Situated in the heart of downtown Palo Alto, this property offers unparalleled walkability to world-class dining, shopping, and major Silicon Valley tech hubs while maintaining a quiet, tree-lined residential feel.
At 1,613 square feet, this recently refreshed unit is exceptionally spacious for a two-bedroom condo, featuring three private patios that enhance the indoor-outdoor living experience.
Located in a boutique building of only six units with a recently renovated exterior and elevator access, providing a level of privacy and security rarely found in larger condominium developments.
The monthly association fee of $1,000 is relatively high, which significantly increases the recurring cost of ownership and may impact buyer affordability.
While the exterior has been renovated and the interior refreshed, the 1981 construction date may imply older underlying systems or architectural styles compared to modern luxury developments.
Discover a private oasis in the heart of downtown Palo Alto. This sophisticated retreat is situated on a tranquil, tree-lined corner within a contemporary complex of only six units. Conveniently located steps from shopping, dining, and the vibrant downtown area, yet offers the peace and quiet of suburban living. This second floor unit is accessible via elevator from the garage and entry. The spacious, recently refreshed, and light-filled rooms provide ample living area. Step onto one of three patio areas to enjoy the ambiance of towering redwoods and the friendly neighborhood. The building exterior has undergone a complete renovation, presenting a sleek, refined appearance that complements the surroundings. Ample storage, secure parking, and proximity to excellent schools and tech centers make this the perfect home in one of Silicon Valley's most sought-after locations. Do not miss this exceptional opportunity.
No exterior & parking available.
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 | 1,613 | 1,530 | 56% |
| Lot Size | - | - | 50% |
| Price | $1.68M | $1.68M | 50% |
| Price per sq ft | $1.0K | $1.1K | 44% |
| Built year | 1981 | 1981 | 50% |
| HOA | $1000.0 | $1.0K | 33% |
| Days on market | 36 | 86 | 11% |
May 1, 2026
$1,675,000
Initial Listing
Jun 11, 2015
$1,575,000
Public Record
Nov 5, 1999
$775,000
Public Record