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

763 La Para Avenue
Palo Alto, California 94306
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 763 La Para Avenue Subject | $7,980,000* List Price | 6 | 6 | 3,767 | $1,818 | - |
A 923 Shauna Sold | $5,970,000 | 6 | 6 | 3,995 | $1,494 | 0.3 mi |
B 644 Georgia Avenue Active | $7,898,000 List Price | 5 | 5 | 3,092 | $2,554 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
Barron Park Elementary School
Grades K-5 • 0.2 mi
Terman Middle School
Grades 6-8 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 87% |
| Baths | 6.0 | 3.0 | 87% |
| Square foot | 3,767 | 2,358 | 84% |
| Lot Size | 10,872 | 7,200 | 84% |
| Price | $7.98M | $3.60M | 97% |
| Price per sq ft | $2.1K | $1.7K | 74% |
| Built year | 2026 | 1955 | 97% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 170 | 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









































