701 Christine Drive, Palo Alto, California 94303, Palo Alto, 94303 - 3 bed, 3 bath

701 Christine Drive, Palo Alto, California 94303 home-pic-0
ACTIVE$4,998,000
701 Christine Drive, Palo Alto, California 94303
3Beds
3Baths
2,503Sqft
9,330Lot

Price Vs. Estimate

The estimated value ($5,002,157.19) is $4,157.19 (0%) lower than the list price ($4,998,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
Top Cons:
Original Construction Year: Built in 1980, the property's age suggests that some systems (e.g., HVAC, plumbing, electrical) or finishes may be original and could require updating to meet contemporary standards or buyer preferences.

Compared to the nearby listings

Price:$5.00M vs avg $3.19M (+$1,805,500)90%
Size:2,503 sqft vs avg 1,557.5 sqft86%
Price/sqft:$2.0K vs avg $1.8K58%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, the property's kitchen and bathrooms are significantly dated, featuring original-style wood cabinets, tiled countertops, and older appliances and fixtures. While the home appears well-maintained with a mix of hardwood/laminate flooring and carpeting, the lack of modern renovations in these key areas means it requires substantial cosmetic updates to meet current quality standards and buyer preferences.
Year Built
1980
Close
-
List price
$5M
Original List price
$5M
Price/Sqft
$1,997
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025619
Home ConditionFair
Features
Patio
View-

About this home

Wonderful South Palo Alto location. In the district of great schools, including Gunn High School. Close by Mitchell Park/Library, the Ball Park, many churches, shops and restaurants. Lovely desirable tree-lined street in a desirable neighborhood. Dining room, living room, family room, fireplace. Three bedrooms and three bathrooms plus an upstairs loft area for use as a bedroom or other. The back bedroom and bathroom can be closed off and have a separate entrance. Lots of storage, built ins and a large dedicated laundry room. Mostly hardwood floors throughout the home and almost all on a single level. Glassed in courtyard off of the dining and family rooms. Large 2 car garage has a shop bench and storage cabinets.

Nearby schools

9/10
Jane Lathrop Stanford Middle School
Public,6-80.3mi
9/10
Henry M. Gunn High School
Public,9-122.0mi
Condition Rating
Fair

Built in 1980, the property's kitchen and bathrooms are significantly dated, featuring original-style wood cabinets, tiled countertops, and older appliances and fixtures. While the home appears well-maintained with a mix of hardwood/laminate flooring and carpeting, the lack of modern renovations in these key areas means it requires substantial cosmetic updates to meet current quality standards and buyer preferences.
Pros & Cons

Pros

Great Schools: Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Henry M. Gunn High School (9/10).
Prime Palo Alto Location: Situated in a wonderful South Palo Alto location on a desirable tree-lined street, offering high demand and excellent neighborhood appeal.
Top-Rated School District: Located within the highly sought-after Palo Alto Unified School District, including access to top-rated Henry M. Gunn High School and Jane Lathrop Stanford Middle School.
Flexible Living Arrangements: Features an upstairs loft area and a back bedroom with a separate entrance and bathroom, providing potential for an in-law unit, private guest suite, or dedicated home office.
Desirable Interior Features: Boasts mostly hardwood floors throughout, a functional single-level layout, ample storage with built-ins, a dedicated large laundry room, and a cozy fireplace.
Proximity to Amenities: Conveniently close to Mitchell Park/Library, the Ball Park, various churches, shops, and restaurants, enhancing lifestyle and accessibility.

Cons

Original Construction Year: Built in 1980, the property's age suggests that some systems (e.g., HVAC, plumbing, electrical) or finishes may be original and could require updating to meet contemporary standards or buyer preferences.
Lack of Explicit Modern Renovations: The description does not highlight recent, comprehensive renovations to key areas like the kitchen or bathrooms, which buyers in the Palo Alto luxury market often expect in a property at this price point.
Limited Defined Outdoor Entertainment Space: While featuring a 'glassed in courtyard,' the property description does not detail a traditional expansive backyard or dedicated outdoor entertaining areas, which some buyers may desire given the generous lot size.

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