763 La Para Avenue, Palo Alto, California 94306, Palo Alto, 94306 - 6 bed, 6 bath

763 La Para Avenue, Palo Alto, California 94306 home-pic-0

763 La Para Avenue

Palo Alto, California 94306

ACTIVE
CONDITION: EXCELLENT
6Beds
6Baths
3,767Sq Ft
10,872Lot Size

Property Price

LIST PRICE$7,980,000
EST. MARKET VALUE
$6,849,205
16% AboveMARKET VALUE

SUMMARY

Analysis of 763 La Para Avenue, Palo Alto, California 94306 reveals a property with a current list price of $7,980,000, which is 16% above the estimated $6,849,205 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$6,849,205
Based on Realkey algorithm analyzing recent comparable sales in Palo Alto.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
763 La Para Avenue
Subject
$7,980,000*
List Price
663,767$1,818-
A
923 Shauna
Sold
$5,970,000663,995$1,4940.3 mi
B
644 Georgia Avenue
Active
$7,898,000
List Price
553,092$2,5540.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2026 luxury construction featuring state-of-the-art Gaggenau appliances, Marvin windows, and a 9-zone HVAC system. As a just-completed all-electric smart home with high-end finishes, solar power, and a detached ADU, it meets the highest quality standards with no deferred maintenance or physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Henry M. Gunn High School (9/10).

  • Sustainable Luxury & Smart Tech

    This brand-new, all-electric smart home features cutting-edge Gaggenau appliances, 9-zone AC, and fully owned solar, offering a rare combination of high-end craftsmanship and modern sustainability.

  • Versatile Detached ADU

    The property includes a private, detached Accessory Dwelling Unit with its own bedroom and full kitchen, providing ideal flexibility for a home office, guest house, or rental opportunity.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.

  • Significant Price Adjustment

    A recent price reduction of over $800,000 from the original list price may indicate initial over-valuation or a cooling of buyer demand at this specific luxury price point.

  • High Price Per Square Foot

    At nearly $8 million for approximately 3,767 square feet, the property commands a premium price-per-square-foot that may be a barrier for buyers seeking more interior volume for their investment.

About 763 La Para Avenue

Never before has a new residence of such scale and quality become available in Palo Alto. Just completed, this all-electric smart home on a prime quarter-acre parcel brings high drama, effortless sustainability, and state-of-the-art luxury to one of Palo Altos most tranquil enclaves. A double-height foyer opens to light-filled, free-flowing gathering areas and a showstopping kitchen with cutting-edge Gaggenau® appliances. Four glamorous en-suite bedrooms and an office are arranged across both levels. Detached for privacy, the ADU offers a bedroom and full kitchen, ideal for guests, office space, or entertaining. Innovative solutions, incomparable craftsmanship, and high-end fixtures are found throughout, including Marvin® windows, 9-zone AC, and fully owned solar. Moments from Briones and Bol Parks, this serene estate places you near top-ranking public schools. All three schools can be reached without crossing a major thoroughfare. Also nearby are Stanford University, the vibrant downtown districts of Palo Alto and Los Altos, and many of Silicon Valleys finest destinations.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2026
Lot Size
10,872 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
6 (6 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Palo Alto Unified Schools

Juana Briones Elementary School

Grades K-5 • 0.2 mi

7/10

Barron Park Elementary School

Grades K-5 • 0.2 mi

7/10

Terman Middle School

Grades 6-8 • 0.6 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.04.0
87%
Baths6.03.0
87%
Square foot3,7672,358
84%
Lot Size10,8727,200
84%
Price$7.98M$3.60M
97%
Price per sq ft$2.1K$1.7K
74%
Built year20261955
97%
HOA$0$0
50%
Days on market45170
10%

Pricing History

Listed for Sale

Feb 25, 2026

$7,980,000

$8,800,000

-9% Price Drop

Initial Listing

Price Change

Jan 21, 2026

$8,800,000

Initial Listing

Sold

Jun 29, 2022

$3,250,000

Public Record

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