2987 Alexis Drive, Palo Alto, California 94304, Palo Alto, - bed, bath

home-pic
ACTIVE$4,698,000
2987 Alexis Drive, Palo Alto, California 94304
4Beds
4Baths
3,184Sqft
40,000Lot
Year Built
1963
Close
-
List price
$4.7M
Original List price
$4.7M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82023467
Home ConditionExcellent
Features
Excellent View:
Deck
Patio
View-

About this home

Exquisite architectural home in prestigious Palo Alto Hills with beautiful panoramic views and access to top-ranked schools. Located across from Palo Alto Hills Golf & Country Club, enjoy proximity to championship golf, tennis, clubhouse dining, and vibrant social activities while surrounded by natural serenity. Minutes from Highway 280, this Silicon Valley oasis offers a short drive to leading tech companies. Highly-rated Palo Alto schools including Nixon Elementary, Fletcher Middle, and Gunn High School are nearby (buyer to verify), along with Stanford University. The Foothills Nature Preserve offers endless hiking and biking with stunning vistas, while downtown Palo Alto's shops, restaurants, and cultural venues are just moments away. This thoughtfully updated home features premium finishes, elevated indoor-outdoor living spaces, a versatile bonus room ideal for office or gym, and breathtaking views from multiple vantage points. A rare opportunity balancing secluded tranquility with connectivity to everything Silicon Valley offers, ideal for discerning buyers seeking luxurious living, natural beauty, and educational excellence.

Price History

Date
Event
Price
10/01/25
Listing
$4,698,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds44
50%
Baths43
67%
Square foot3,1843,184
50%
Lot Size40,00040,000
50%
Price$4.7M$4.49M
67%
Price per square foot$1,476$1,476
50%
Built year19631967
33%
HOA
Days on market35154
33%
Condition Rating
Excellent

Despite being built in 1963, this property has undergone a comprehensive and high-quality renovation, as evidenced by the 'thoughtfully updated' description and the provided images. The kitchen features brand-new, high-end stainless steel appliances, modern two-tone cabinetry, quartz countertops, and contemporary lighting, indicating a very recent update. Bathrooms also showcase modern fixtures, tiling, and vanities. Throughout the home, there are new hardwood floors, recessed lighting, and a fresh, contemporary aesthetic. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently renovated property.
Pros & Cons

Pros

Prime Location & Connectivity: Situated in prestigious Palo Alto Hills, offering excellent proximity to Silicon Valley tech companies, Highway 280, downtown Palo Alto's amenities, and the Palo Alto Hills Golf & Country Club.
Exceptional Views & Natural Surroundings: Boasts beautiful panoramic views from multiple vantage points, surrounded by natural serenity, and provides easy access to Foothills Nature Preserve for outdoor activities.
Top-Tier School District: Located within the highly-rated Palo Alto school district, including Nixon Elementary, Fletcher Middle, and Gunn High School, and near Stanford University, a significant draw for families.
Thoughtfully Updated Home with Premium Finishes: The home features premium finishes, elevated indoor-outdoor living spaces, and a versatile bonus room, indicating a well-maintained and modern interior.
Luxurious Lifestyle & Exclusivity: An exquisite architectural home offering a rare balance of secluded tranquility and connectivity, appealing to discerning buyers seeking a high-end lifestyle.

Cons

Significant Overpricing Relative to Market Estimate: The current list price of $4.698M is substantially higher than the property's estimated value of $4.09M, suggesting potential overvaluation in the current market.
Age of Property with Unspecified Major System Updates: Built in 1963, while 'thoughtfully updated,' the description lacks specific details on major system replacements (e.g., HVAC, plumbing, electrical, roof), which could imply potential future maintenance or upgrade costs.
Large Lot Maintenance: The expansive 40,000 sqft lot, while offering privacy and space, will likely incur significant ongoing landscaping and maintenance expenses not detailed in the listing.

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