701 Christine Drive, Palo Alto, California 94303, Palo Alto, 94303 - 3 bed, 3 bath
Loading property details...
701 Christine Drive
Palo Alto, California 94303
ACTIVE
CONDITION: POOR
3Beds
3Baths
2,503Sq Ft
9,330Lot Size
Property Price
LIST PRICE$3,998,000
EST. MARKET VALUE
$3,540,835
12% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $3,998,000—positioned above the $3,540,836 Fair Market Value. While currently priced for the market, the property offers significant long-term value through its 9,330 sq. ft. lot and prime location within the Palo Alto Unified School District. Featuring a Condition Rating of 5, the home provides a blank canvas for modernization. This residence is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to customize a spacious home in a top-tier school zone.
Estimated Market Value
$3,540,835
Based on Realkey algorithm analyzing recent comparable sales in Palo Alto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Christine Drive Subject | $3,998,000* List Price | 3 | 3 | 2,503 | $1,415 | - |
A 3786 Corina Way Sold | $3,450,000 | 4 | 3 | 2,506 | $1,377 | 0.5 mi |
B 724 Ames Avenue Pending | $3,795,000 List Price | 5 | 3 | 2,041 | $1,859 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property is 46 years old (built 1980) and appears to retain its original 1980s kitchen and bathroom finishes, including oak cabinetry and tile countertops. Per the criteria, homes over 30 years old with original features require significant rehab to meet modern standards, despite being currently functional.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
- Premier Education Access
The property is situated within the prestigious Palo Alto Unified School District, providing access to top-rated institutions like Gunn High School and Jane Lathrop Stanford Middle School, both boasting high ratings.
- Substantial Lot Size
Boasting a 9,330 sq. ft. lot, this property offers significant outdoor space and privacy, a rare and highly valuable asset in the densely populated South Palo Alto area.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1980 and featuring a mix of carpet and tile, the interior finishes may require cosmetic updates to align with the contemporary luxury expectations of today's Silicon Valley buyers.
- Market Stagnation
Having spent 55 days on the market, the property may face challenges regarding its current price-to-value ratio or perceived condition compared to more recently updated homes in the neighborhood.
About 701 Christine Drive
Wonderful South Palo Alto location, this 3-bedroom, 3-bathroom home offers 2,503 sq. ft. of living space on a 9,330 sq. ft. lot. The interior features a combination of carpet, tile, and wood flooring. The layout includes a formal dining room as well as a dining area within the kitchen/family room combo. The primary bedroom has a full bathroom with a tub, and there are two additional full bathrooms. Additional amenities include fireplaces and central forced air heating. Laundry facilities are conveniently located inside the home and include a tub/sink and washer/dryer. The property also offers a spacious two-car garage. This residence is part of the Palo Alto Unified elementary school district which includes Gunn High School. Attractive pavers line the driveway.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1980
- Lot Size
- 9,330 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palo Alto Unified Schools
Jane Lathrop Stanford Middle School
Grades 6-8 • 0.3 mi
9/10
Henry M. Gunn High School
Grades 9-12 • 2.0 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,503 | 1,689.34 |
| Lot Size | 9,330 | 7,261.56 |
| Price | $4.00M | $3.84M |
| Price per sq ft | $1.6K | $2.2K |
| Built year | 1980 | 1951 |
| HOA | $0 | $0 |
| Days on market | 65 | 30 |
Pricing History
Listed for Sale
Jul 6, 2026
$3,998,000
Initial Listing