702 Ellsworth Place, Palo Alto, California 94306, Palo Alto, 94306 - 3 bed, 3 bath
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Palo Alto, California 94306
This Brand New Single-Story Masterpiece is a Prime Investment Opportunity, listed at $2,950,000—positioned well below the $3,035,366 Fair Market Value by 2%. This valuation gap offers $85,366 in Instant Equity. Featuring a 2026 Construction date, Thermador appliances, and solar energy, the home maintains an Excellent Condition Rating. Located in the prestigious Palo Alto High School district, this property offers a rare blend of modern luxury and privacy. It is an ideal acquisition for discerning investors or owner-occupants seeking a turnkey, high-value residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 Ellsworth Place Subject | $2,950,000* List Price | 3 | 3 | 1,695 | $1,791 | - |
A 3468 Ramona Street Sold | $3,200,000 | 4 | 3 | 1,963 | $1,630 | 0.8 mi |
B 3665 South Court Sold | $3,500,000 | 4 | 3 | 2,358 | $1,484 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2026 construction featuring high-end Thermador appliances, quartzite countertops, solar energy systems, and modern wide-plank flooring in mint condition.
Middle School: Jane Lathrop Stanford Middle School (9/10). High School: Palo Alto High School (9/10).
As a 2026 build, this single-story home features soaring ceilings, premium Thermador appliances, and energy-efficient solar systems, offering a turnkey luxury experience with high-end finishes.
The property represents the lowest price per square foot for a newly constructed single-family home in the highly coveted Palo Alto High School attendance area, providing a strong entry point for the neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4493, other record lot size in square feet = 3500.
With 1,695 square feet of living space, the home is relatively compact for a single-family residence at this price point, which may feel restrictive for larger families.
The 4,493 square foot lot provides minimal outdoor space, potentially limiting options for extensive landscaping, outdoor entertaining, or future property expansion.
Brand New Single-Story Masterpiece, accessible via a private road with no immediate rear neighbors. Quiet & peaceful inside with an ultra-convenient location. Great valuethe lowest price per square foot you will find for a newly constructed single-family home in Palo Alto belonging to the Palo Alto High School attendance area. Step inside and experience the immediate "wow" factor of soaring high ceilings throughout the entire home. From the premium finishes to the brand-new systems, this home offers the rare opportunity to enjoy the vibrant energy of Palo Alto with the privacy of a secluded retreat. The house is powered by both gas and solar energy. Bright kitchen w/ island, beautiful quartzite countertops, Thermador appliances, modern cabinetry, gas cooking range w/ 6 gas burners, Wide-plank engineering wood flooring, Nest thermostat, & stone pavers. Conveniently located with easy access to major tech campuses, Stanford University, Midtown shopping area, Town & Country Village, top-rated Palo Alto High School, and Highway 101 truly convenient to everywhere.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,695 | 1,500 |
| Lot Size | 4,493 | 7,500 |
| Price | $2.95M | $3.80M |
| Price per sq ft | $1.7K | $2.2K |
| Built year | 2026 | 1950 |
| HOA | $0 | $0 |
| Days on market | 5 | 31 |
Jul 17, 2026
$2,950,000
Initial Listing
Mar 7, 2025
$1,400,000
Public Record
Nov 7, 2022
$950,000
Public Record
Jul 14, 2017
$13,500,000
Public Record