Palo Alto, CA Broker’s Tour 

Friday, Jan 16, 2026

It is still slow going on new properties coming to market. The most interesting property today was 160 Waverly, actually the term should be properties, some developer definitely has a vision, read more below. I will be busy with an open house this week, first of 2026 so getting back into shape, ha!

Palo Alto 231 – Green Acres

 

Listing Agent / Broker: Christy Herman, Vision Real Estate

 

Address: 4250 El Camino Real # D138 (Condo)

Bedrooms: 2 – Bathrooms: 1 Full

Sqft: 885

Lot Sqft: N/A

Price: $768,888

HOA: $869 p/m

Listing Agent remarks: Newly remodeled 2 bedrooms,1 bathroom. 

My takeaways: This unit is utilitarian. It has high ceilings which gives this small space a bit more breathing room. The second bedroom is tiny, like might fit a twin bed tiny. For a young couple it would make for an office, a reading space or a great nursery, but it would be a tight squeeze for an adult. This unit is a bit of a hike from the underground parking and main entry to the building. 

 

Palo Alto 234 – Midtown

 

Listing Agent / Broker: Wen Guo RE Group, KW Advisors 

 

Address: 3151 Ramona St

Bedrooms: 3 – Bathrooms: 2 Full

Sqft: 2003 

Lot Sqft: 8642

Price: $4,200,000

Listing Agent remarks: N/A

My takeaways: This is not ready for sale, it was still under serious renovation! They opened it to Brokers to get an idea on pricing, so even that is subject to change. They expect this property to be officially on the market in 3 to 4 weeks. It is a corner lot that boarders a relatively busy road. The lot and house are both a decent size. The house is choppy, in fact I walked through it a few times to understand the layout. It does offer a pool which means most of the backyard is cement. They converted the garage into an ADU which is likely going to pose an issue for potential buyers. Here is California, it seems everyone parks on the street with the garage becoming coveted storage space.

Palo Alto 238 – Green Gables

 

Listing Agent / Broker: Maggie Ma, Keller Williams Palo Alto 

 

Address: 2200 Saint Francis Dr

Bedrooms: 4 – Bathrooms: 4 Full, 1 Half

Sqft: 2420

Lot Sqft: 7082

Price: $4,988,000

Original Price: $5,950,000

Listing Agent remarks: Come and sell this brand new construction with steel frame! 

My takeaways: This property is back on the market with a new agent and at a new price! We will see if that does the trick. Below is my original write-up when I first viewed the property last year.

They have been building this house for 3 years! The story; the seller bought the property, planned to build, and then found another property they liked better. It is a modern property, offers a great backyard, the opportunity for a bedroom downstairs which is staged as an office right now, and a wonderful amount of windows. The downside is the property borders Embarcadero, a main street that heads out to Highway 101 and sits across from a main traffic light.

 

Palo Alto 241 – Professorville

 

Listing Agent / Broker: Wendie Karel, Compass

 

Address: 1015 High St

Bedrooms: 2 – Bathrooms: 3 Full

Sqft: 2526 

Lot Sqft: 5250

Price:  $3,350,000

 

Listing Agent remarks: Spacious home with finished lower level: flex room, family room & bath

 

My takeaways: This is in a great location. Walking distance to downtown Palo Alto. It is technically a 2 bedroom but the lower floor literally could be a Primary, and a really nice Primary with a bit more work to it. This property also offers great curb appeal, I love a porch, and a wonderful kitchen and back deck.

Palo Alto 242 – Downtown Palo Alto

 

Listing Agent / Broker: Zach Trailer, Compass

 

Address: 160 Waverley St

Bedrooms: 3 – Bathrooms: 3 Full, 2 Half

Sqft: 2405 

Lot Sqft: N/A

Price: $5,495,000

 

Listing Agent remarks: Timeless high-end new construction in Downtown Palo Alto

 

My takeaways: This is an interesting one. It is a single family house BUT it is really more of a townhome like setting. There are 4 properties total: 160 Waverly, 162 A & B, and 164. Each property is its own unit that is for sale. I believe Unit 162 B is the only one that has been sold. I happen to like 162 A the best, it has the same specs as 160 but is the ground floor and has outdoor space, and is $5,495,000. I also really liked 164. I will say, the soaring great room in 160 is one to see, a whole wall of windows and doors that retract and offer amazing indoor outdoor flow, along with probably the best placed staircase I’ve seen up to an expansive roof deck. The layout of the overall property is well done but I think the price point is too high which is why it has been sitting on the market for quite some time. It was removed from the market in December to let the days re-set. That said, they are gorgeous units. There is not an HOA fee, but there is a small fee to maintain the common areas and walkways that border the properties.

 

Listing Agent / Broker: Greg Celotti, Compass

 

Address: 128 Middlefield Rd

Bedrooms: 2 – Bathrooms: 1 Full

Sqft: 910

Lot Sqft: 4361

Price:  $1,998,000

 

Listing Agent remarks: Fantastic value for a gorgeous single level home with 1,100 sf near downtown!

 

My takeaways: A perfect, charming cottage. I’ve been trying to think who the ideal buyer would be… I decided to go with a young couple (too many stairs for an older couple looking to downsize) who is looking to jump into property ownership. Perfect starter home. The downside is that this house does sit on a busy street but it does sit farther back on the lot and offers a lovely gated front yard which keeps it quaint and offers privacy.

 

Price Reductions This Week

Listing Agent / Broker: Joe Harding, Coldwell Banker Realty

Address: 4225 Park Blvd

Bedrooms: 4 – Bathrooms: 2 Full

Sqft: 1835

Lot Sqft: 5992 

Price: $2,788,000

Original Price: $2,998,008

 

Listing Agent remarks: N/A