162 Waverley Street, Palo Alto, California 94301, Palo Alto, - bed, bath

home-pic
ACTIVE$5,675,000
162 Waverley Street, Palo Alto, California 94301
4Beds
5Baths
2,603Sqft
Lot
Year Built
2025
Close
-
List price
$5.67M
Original List price
$5.99M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021693
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Timeless high-end new construction in sought-after Downtown Palo Alto. Premium first floor, one level living is designed for indoor-outdoor enjoyment with retractable glass door access. 3 bedrooms, 3.5 bath main home with an additional detached 1 bedroom, 1 bath guesthouse. Great room with retractable walls of glass that open out to private and generous fenced in yard differentiates this unit from the masses. The gourmet kitchen with large island showcases sought after Taj Mahal countertops, Thermador appliances, and a large walk-in pantry. Designer tiles and plumbing fixtures compliment the rich timeless aesthetic throughout. Three bedroom suites, each with private outside entrance, include a primary retreat with spa-like bath. Enjoy expansive privatized yards and patios. European Oak hardwood flooring with herringbone finish in great room. Complementing the main home, the detached guesthouse offers independent living with a great room with full kitchen, bedroom, bath, and laundry ideal for extended family, guests or office suites. Unparalleled architecture with extensive and custom brick work. Subtle elegance and refined finishes differentiate this penthouse living from the masses. This unique home will stand the test of time for generations and centuries to come.

Nearby schools

7/10
Addison Elementary School
Public,K-50.8mi
8/10
David Starr Jordan Middle School
Public,6-81.8mi
9/10
Palo Alto High School
Public,9-120.9mi

Price History

Date
Event
Price
11/02/25
Price Change
$5,675,000-5.2%
09/16/25
Listing
$5,985,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds42
86%
Baths52
86%
Square foot2,6031,445
86%
Lot Size00
Price$5.67M$1.78M
86%
Price per square foot$2,180$1,199
86%
Built year20251980
86%
HOA$953
Days on market5069
43%
Condition Rating
Excellent

This property is brand new construction (built 2025) and described as 'high-end' with 'unparalleled architecture' and 'refined finishes'. The kitchen features gourmet Thermador appliances and Taj Mahal countertops, while bathrooms boast designer tiles and fixtures, including a spa-like primary bath. European Oak hardwood flooring is present throughout. All components are new, meeting the highest current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand New, High-End Construction: Built in 2025, this property boasts timeless high-end new construction with a gourmet kitchen featuring Taj Mahal countertops and Thermador appliances, European Oak hardwood flooring, and custom brick work, ensuring premium quality and modern luxury.
Prime Downtown Palo Alto Location: Situated in the highly sought-after Downtown Palo Alto, the property offers a prestigious address with excellent access to amenities, contributing significantly to its desirability and value.
Versatile Detached Guesthouse: An additional detached guesthouse provides independent living with a full kitchen, bedroom, bath, and laundry, offering exceptional flexibility for extended family, guests, or dedicated office suites.
Exceptional Indoor-Outdoor Living: Designed for seamless indoor-outdoor enjoyment with retractable walls of glass, private and generous fenced-in yards, and expansive privatized patios, enhancing lifestyle and entertainment opportunities.
Top-Rated School District: Located within the highly acclaimed Palo Alto Unified School District, with top-rated elementary, middle, and high schools, making it a significant draw for families.

Cons

Recent Price Reduction: The property has undergone a notable price reduction from its original list price, which could indicate initial overpricing or a slower market response, potentially raising questions for prospective buyers.
Condominium Structure: As a condominium, the property may involve Homeowners Association (HOA) fees and potentially shared common areas or walls, which might not appeal to all high-end buyers seeking a traditional single-family home experience.
Lack of Specific Parking Details: The property description does not explicitly detail dedicated parking facilities, which is a crucial amenity for a high-value property in a downtown location and could be a point of inquiry for buyers.

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