
Palo Alto, California 94301
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $2,988,000—positioned well below the $3,310,083 Fair Market Value by 9%. This valuation gap provides $322,083 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers modern designer finishes and a private deck. Located in the elite Palo Alto Unified School District, this property is an ideal sanctuary for Owner-Occupants or discerning families seeking a move-in ready lifestyle in a prime cul-de-sac location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 699 Oregon Avenue Subject | $2,988,000* List Price | 4 | 2 | 1,611 | $2,055 | - |
A 2330 Emerson Street Sold | $3,600,000 | 3 | 2 | 1,692 | $2,128 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1946, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a modern kitchen with stainless steel appliances, updated bathrooms with designer tile and marble vanities, recessed lighting, and upgraded electrical systems, making it a turnkey, mint-condition home.
High School: Palo Alto High School (9/10).
The property is situated within the highly coveted Palo Alto Unified School District, providing access to top-rated institutions like Walter Hays Elementary and Palo Alto High School.
Extensively updated and move-in ready, the home features modern designer finishes, hardwood flooring, and recessed lighting, eliminating the need for immediate renovation costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1611, other record living area = 1385. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property's location near Oregon Avenue, a major Palo Alto thoroughfare, may result in higher ambient traffic noise and increased vehicle volume in the immediate vicinity.
At 5,040 square feet, the lot is relatively small for the $2.988M price point, which may limit future expansion possibilities or large-scale outdoor entertaining needs.
Beautifully updated and move in ready, this charming single story home blends timeless character with modern comfort in one of Palo Altos most desirable neighborhoods. Thoughtfully refreshed throughout, the home features bright open living spaces, hardwood flooring, recessed lighting, built in speakers, designer finishes, a cozy fireplace, and abundant natural light. The stylish kitchen flows seamlessly into the main living areas, ideal for everyday living and entertaining. Exceptional curb appeal welcomes you with a classic white picket fence, lush landscaping, and an inviting brick pathway. Located on a quiet cul de sac with side street frontage, the private backyard offers space for entertaining beneath a mature birch tree. A spacious side yard provides added flexibility for outdoor enjoyment. An additional versatile room offers flexibility for a home office, guest space, fitness area, or creative studio. Ideally located near acclaimed Palo Alto schools including Walter Hays Elementary, Greene Middle, and Palo Alto High School, along with nearby parks, shopping, dining, and major commuter routes. A rare opportunity to enjoy turnkey living in the heart of Palo Alto. Cul de sac location with side street frontage adds privacy and charm.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 0.3 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 | 41% |
| Square foot | 1,611 | 2,181.5 | 24% |
| Lot Size | 5,040 | 5,625 | 32% |
| Price | $2.99M | $4.24M | 15% |
| Price per sq ft | $1.9K | $2.2K | 29% |
| Built year | 1946 | 1937 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 99 | 9% |
May 7, 2026
$2,988,000
Initial Listing
Aug 1, 2007
$1,299,000
Public Record
Jun 30, 2004
$780,000
Public Record