566 Everett Avenue, Palo Alto, California 94301, Palo Alto, 94301 - 4 bed, 2 bath
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Palo Alto, California 94301
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $2,810,000—positioned slightly above the $2,729,963 Fair Market Value. Featuring a Condition Rating of 2, this home offers a modernized interior with a refreshed kitchen and a versatile 1-bedroom ADU for rental income. Located in the Palo Alto Unified School District near Palo Alto High School (9/10), it provides a premium lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 566 Everett Avenue Subject | $2,810,000* List Price | 4 | 2 | 1,008 | $2,708 | - |
A 1111 Alma Street Active | $2,698,000 List Price | 3 | 2 | 1,107 | $2,437 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1905, the property has undergone a comprehensive recent renovation (likely within the last 5 years) as evidenced by the refreshed kitchen with quartz countertops and stainless steel appliances, and modern bathrooms with updated fixtures and subway tile. The home features mint-condition interior finishes, updated flooring, double-pane windows, and modern systems including central forced air heating and a tankless water heater, making it fully move-in ready with no immediate maintenance required.
High School: Palo Alto High School (9/10).
Situated in a highly coveted neighborhood just two blocks from Johnson Park and moments from downtown Palo Alto, this property offers exceptional access to world-class dining, shopping, and top-tier schools.
The separate 1-bedroom, 1-bathroom unit provides significant value, offering flexibility for rental income, a private home office, or guest accommodations that are rare for this lot size.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
At only 1,008 square feet for a 4-bedroom configuration, the interior living space is exceptionally compact, which may result in small room sizes and a cramped feel for larger families.
The main residence features only 1.5 bathrooms to serve 4 bedrooms, a ratio that may be inconvenient for modern buyers and could necessitate further renovation to improve functionality.
Nestled in the charming North Palo Alto neighborhood just two blocks from beautiful Johnson Park, this charming lavender home offers inviting curb appeal, thoughtful updates, and flexible living space on a 5,000 square feet lot. The 4-bedroom, 1.5-bathroom main residence features a bright and welcoming interior with updated flooring throughout, a refreshed kitchen with quartz countertops, stainless steel appliances, and a cozy eat-in dining area perfect for everyday living. A huge upstairs bonus room provides endless possibilities and can easily serve as a yoga studio, workout room, creative space, playroom, or whatever your heart desires. Adding even more versatility, the separate 1-bedroom, 1-bathroom unit is ideal for guests, extended family, a private home office, or potential rental income. Additional features include double-pane windows, central forced air heating, and a tankless water heater for year-round comfort and efficiency. The private outdoor space offers room to relax or entertain, all while being moments from downtown Palo Altos acclaimed dining, shopping, parks, and top-rated schools. A rare opportunity to own a home filled with character, flexibility, and an unbeatable location in one of Palo Altos most desirable neighborhoods.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,008 | 2,181.5 | 18% |
| Lot Size | 5,000 | 5,625 | 35% |
| Price | $2.81M | $4.24M | 15% |
| Price per sq ft | $2.8K | $2.2K | 82% |
| Built year | 1905 | 1933 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 100 | 3% |
May 14, 2026
$2,810,000
Initial Listing