622 Palo Alto Avenue, Palo Alto, California 94301, Palo Alto, 94301 - 2 bed, 1 bath
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Palo Alto, California 94301
This Single Family Residence represents a unique acquisition in a prime Palo Alto location, listed at $2,298,000. While the property is currently priced above its $2,056,493 Fair Market Value, the premium reflects the rare land utility and proximity to Stanford University and downtown. Featuring a Fair Condition Rating, the home offers a blank canvas for modernization. With a long driveway for 4 vehicles and a scenic creek-side setting, it provides significant lifestyle value. This property is an ideal long-term hold for Buy-and-Hold Investors or Owner-Occupants prioritizing location and school district access.
Property is moderate renovation needed.
Built in 1920, this home is well-maintained but dated. The kitchen features older cabinetry and a wall-mounted faucet, while the laundry area and windows show significant age. It lacks a recent comprehensive renovation (15-30+ years since major updates), fitting the 'Fair' criteria for a functional but dated property.
High School: Palo Alto High School (9/10).
The property is ideally situated within walking distance to downtown Palo Alto, Stanford University, and Caltrain, offering unparalleled access to world-class dining, shopping, and transit.
Featuring a rare long driveway for 3-4 cars plus a detached garage, this home offers significant parking utility and a peaceful, cul-de-sac feel directly across from San Francisquito Creek.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 800, other record living area = 754.
At only 800 square feet with a single bathroom, the interior space is quite limited, which may not meet the needs of growing families or those seeking modern, expansive floor plans.
The listing price of nearly $2.3 million represents an extremely high cost per square foot, reflecting the premium for the land and location rather than the size or age of the structure.
Nestled on a quiet, court-like street with no homes directly across creating a peaceful, cul-de-sac feel, this delightful 2-bedroom, 1-bath cottage offers the perfect blend of privacy, charm, and convenience. Situated directly across from scenic San Francisquito Creek, you'll enjoy a tranquil setting while being just a short stroll to downtown Palo Alto, Stanford University, Caltrain, acclaimed restaurants, and boutique shopping. Filled with timeless character and light, the home features inviting living spaces, mature fruit trees, a detached one-car garage, and a long driveway that accommodates 3 to 4 additional vehicles an exceptional amenity in this coveted neighborhood. Enjoy the privacy of a single family home, better than a condo with no HOA fees. Ideal as a primary residence, pied a terre, or investment in a coveted Palo Alto location. Located within the highly acclaimed Palo Alto school district (buyer to verify enrollment).
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 800 | 1,500 |
| Lot Size | 3,070 | 7,500 |
| Price | $2.30M | $3.80M |
| Price per sq ft | $2.9K | $2.2K |
| Built year | 1920 | 1950 |
| HOA | $0 | $0 |
| Days on market | 7 | 31 |
Jul 16, 2026
$2,298,000
Initial Listing
Oct 3, 2000
$525,000
Public Record