
Palo Alto, California 94301
This Modernized Community Center Residence is a Strong Value Opportunity, listed at $3,998,000—positioned well below the $4,203,287 Fair Market Value by 4%. This valuation gap offers $205,287 in Instant Equity for the buyer. Boasting a Move-In Ready Condition Rating, the home features a renovated kitchen with soapstone countertops, high ceilings, and a private patio on a secluded lane. Access to the elite Palo Alto Unified School District, including Palo Alto High School (9/10), ensures long-term asset stability. This is an ideal match for Owner-Occupants or growing families seeking a turnkey lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 848 Boyce Avenue Subject | $3,998,000* List Price | 3 | 2 | 2,041 | $2,059 | - |
A 820 Hamilton Avenue Sold | $4,200,000 | 4 | 2 | 1,952 | $2,152 | 0.2 mi |
B 1085 Emerson Street Sold | $4,130,000 | 4 | 4 | 2,268 | $1,821 | 0.8 mi |
C 1033 Guinda Sold | $4,280,000 | 2 | 2 | 1,755 | $2,439 | 0.2 mi |
D 429 Ruthven Avenue Sold | $4,270,810 | 4 | 3 | 2,057 | $2,076 | 0.8 mi |
E 566 Addison Avenue Sold | $3,325,000 | 3 | 2 | 2,316 | $1,436 | 0.4 mi |
F 1100 Bryant Street Sold | $3,900,000 | 3 | 2 | 2,290 | $1,703 | 0.7 mi |
G 1121 Harriet Street Street Pending | $4,788,000 List Price | 4 | 3 | 2,382 | $2,010 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1946, the home has undergone a high-quality renovation likely within the last 10-15 years. The kitchen features modern soapstone countertops and stainless steel appliances, and the bathrooms are updated with spa-like finishes. The property is well-maintained with updated lighting and hardwood floors, making it fully move-in ready.
High School: Palo Alto High School (9/10).
Situated on a private lane in the highly coveted Community Center neighborhood, this property offers a rare combination of secluded tranquility and immediate proximity to University Avenue's premium dining and shopping.
The home provides access to the prestigious Palo Alto Unified School District, including top-rated institutions like Addison Elementary and Palo Alto High School, which significantly bolsters long-term property value.
With only two bathrooms for a three-bedroom home at a nearly $4 million price point, the configuration may be a drawback for families or buyers seeking a higher ratio of convenience.
Originally built in 1946, the property may require more intensive maintenance or future upgrades to core systems compared to newer constructions in the same price bracket.
Tucked away at the end of a private lane in Palo Alto's Community Center neighborhood, this home offers a great mix of privacy, comfort, and easy living. Surrounded by mature trees and beautiful landscaping, it feels peaceful and tucked away from it all. Inside, the open layout is filled with natural light, beautiful hardwood floors and updated lighting throughout. The living room is anchored by a striking stone fireplace and flows seamlessly into a well-appointed kitchen with stainless steel appliances and soapstone countertops, perfect for everyday living and entertaining. Just off the living room, a charming patio creates an easy indoor-outdoor connection. The primary suite is a relaxing retreat, featuring a generous walk-in closet and a spa-like bathroom. Nearby, the family room stands out with its high ceilings and sliding glass doors that open to the spacious backyard. Out back, you'll find a sunny, private yard with a lush lawn and patio, ideal for relaxing, hosting, or just enjoying the Palo Alto weather. All of this just minutes from the shops and restaurants on University Avenue and top-rated schools. With its central location, tree-lined streets and abundance of amenities, the Community Center neighborhood remains one of Palo Alto's most desirable places to call home.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,041 | 2,057 | 49% |
| Lot Size | 7,400 | 5,625 | 66% |
| Price | $4.00M | $4.20M | 43% |
| Price per sq ft | $2.0K | $2.2K | 31% |
| Built year | 1946 | 1924 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 98 | 3% |
Apr 9, 2026
$3,998,000
Initial Listing