878 Miranda Green Street, Palo Alto, California 94306, Palo Alto, 94306 - 4 bed, 2 bath
878 Miranda Green Street
Palo Alto, California 94306
Property Price
SUMMARY
Analysis of 878 Miranda Green Street, Palo Alto, California 94306 reveals a Fairly Priced Property with a current list price of $4,298,000 aligned with the estimated $4,240,093 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 878 Miranda Green Street Subject | $4,298,000* List Price | 4 | 2 | 2,167 | $1,957 | - |
A 4244 Los Palos Place Sold | $4,720,000 | 4 | 3 | 2,761 | $1,710 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, featuring a newly updated chef's kitchen with quartz countertops and high-end stainless steel appliances. The interior boasts modern hardwood floors, recessed lighting, and vaulted beam ceilings. The exterior is equally impressive with a professionally remodeled backyard including a spa, waterfall, and built-in fire pit. All major systems, including central heating and AC, appear modern and well-maintained, meeting the criteria for excellent condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10015, living area = 2167.
- Premium Outdoor Oasis
The expansive 10,000 sqft lot features a professionally landscaped backyard with a waterfall, spa, and built-in fire pit, offering a rare level of privacy and luxury for the area.
- Architectural Appeal
High vaulted beam ceilings and oversized windows flood the home with natural light, creating a spacious and modern aesthetic that complements the newly updated chef's kitchen.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only two bathrooms serving four bedrooms, the home may feel underserviced for larger families or guests, particularly at a $4.3M price point.
- 1970s Infrastructure
Despite significant cosmetic updates, the 1970-built structure may require ongoing maintenance of original systems compared to newer luxury builds in the neighborhood.
About 878 Miranda Green Street
Welcome to 878 Miranda Green St, a stunning single family ranch home tucked away on a quiet Palo Alto cul-de-sac. This home offers 4 bedrooms, 2 bathrooms and a great floor plan for everyday living. High vaulted ceilings and oversized windows flood the interior with natural light, highlighting the beautiful hardwood floors and details throughout. The chefs kitchen, newly updated with quartz countertops and stainless steel appliances, seamlessly flows into both an eat-in kitchen area and formal dining room, making it perfect for entertaining. The bright and airy living room features vaulted beam ceilings, large windows, and a fireplace. The primary ensuite offers a double vanity and generous walk-in closet. Outside, enjoy the large 10,000 sqft lot with a secluded, fenced-in backyard that has been extensively remodeled with maple trees, stone, a waterfall, built-in gas fire pit, spa, and lighting. Additional features include central heating and AC, a 2-car garage, and recessed lighting. With zoning to top-rated schools and easy access to highways for commuting, this home has it all!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 10,015 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 2,167 | 2,167 | 50% |
| Lot Size | 10,015 | 7,200 | 81% |
| Price | $4.30M | $3.60M | 71% |
| Price per sq ft | $2.0K | $1.7K | 68% |
| Built year | 1970 | 1955 | 68% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 170 | 3% |
Pricing History
Listed for Sale
Feb 25, 2026
$4,298,000
Initial Listing