617 Forest Avenue, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 2 bath
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Palo Alto, California 94301
This Turnkey Condominium is a Strong Value Opportunity, listed at $1,395,000—positioned slightly above the $1,313,066 Fair Market Value. Featuring a Mint Condition Rating, this top-floor unit offers a Chef's kitchen, hardwood floors, and a private deck. Located in the prestigious Palo Alto Unified School District near Palo Alto High School (9/10), it provides an unmatched lifestyle for those seeking walkability to downtown amenities. This property is an ideal acquisition for professional commuters or discerning owner-occupants prioritizing luxury, location, and school quality.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 617 Forest Avenue Subject | $1,395,000* List Price | 2 | 2 | 1,149 | $1,143 | - |
A 716 Ramona Street Sold | $1,557,000 | 2 | 1 | 1,042 | $1,494 | 0.4 mi |
B 685 High Street 5a Sold | $1,695,000 | 2 | 3 | 1,530 | $1,108 | 0.5 mi |
C 101 Alma Street 407 Sold | $1,495,000 | 2 | 2 | 1,444 | $1,035 | 0.7 mi |
D 101 Alma Street 908 Sold | $1,500,000 | 2 | 2 | 1,491 | $1,006 | 0.7 mi |
E 165 Forest Avenue 4b Active | $1,546,000 List Price | 2 | 2 | 1,334 | $1,159 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1975, the unit has undergone a comprehensive high-end remodel within the last 5 years. The interior features a modern chef's kitchen with stainless steel appliances, updated spa-inspired bathrooms, new hardwood flooring, and dual-pane windows, placing it in mint, move-in ready condition.
High School: Palo Alto High School (9/10).
Situated in the heart of Palo Alto, this property offers exceptional walkability to University Avenue’s premier dining and shopping, Stanford University, and major tech employers.
As a top-floor corner unit featuring skylights and dual-pane windows, the home enjoys enhanced privacy and significantly more natural light than standard interior units.
Built in 1975, the complex may lack the contemporary architectural style, modern energy efficiencies, and extensive amenities found in newer luxury developments.
At 1,149 square feet, the floor plan may feel restrictive for buyers requiring expansive living areas or dedicated home office space at this premium price point.
The pinnacle of Downtown living in the heart of Palo Alto! A short stroll to University Ave's shops, restaurants, and major employers; plus easy access to CalTrain and Stanford University/Hospital. Beautifully remodeled top floor, corner unit with abundant natural light. Quality throughout, featuring: gleaming hardwood floors, dual pane windows, skylights, gas fireplace, Chef's kitchen, and a spa inspired primary bathroom.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.7 mi
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 | 1,149 | 1,467.5 | 40% |
| Lot Size | - | - | 50% |
| Price | $1.40M | $1.53M | 30% |
| Price per sq ft | $1.2K | $1.2K | 50% |
| Built year | 1975 | 1980 | 40% |
| HOA | $550.0 | $1.0K | 10% |
| Days on market | 17 | 93 | 10% |
May 27, 2026
$1,395,000
Initial Listing
May 2, 2000
$513,000
Public Record