498 Fulton Street, Palo Alto, California 94301, Palo Alto, - bed, bath

home-pic
ACTIVE$2,168,000
498 Fulton Street, Palo Alto, California 94301
3Beds
3Baths
1,920Sqft
Lot
Year Built
1973
Close
-
List price
$2.17M
Original List price
$2.17M
Price/Sqft
-
HOA
$715
Days on market
-
Sold On
-
MLS number
ML82017930
Home ConditionExcellent
Features
Deck
View-

About this home

Urban living at its best just two blocks from downtown Palo Alto. Perfectly situated Crescent Park townhouse nestled in the heart of Palo Alto Downtown, minutes from Stanford University. This contemporary three bedroom, two-and-a-half bath townhome features a bonus basement space, abundant natural light, bamboo flooring, open staircase, custom finishes and open gourmet kitchen. Offering an ideal blend of comfort, convenience, and contemporary design, just down the street from vibrant Downtown Palo Alto. Enjoy outdoor cafes, mom-and-pop specialty shops, alongside national chains, art galleries, a movie theater and numerous restaurants. Explore the outdoors at the Palo Alto Baylands Nature Preserve, where scenic trails invite hiking and birdwatching. For recreation closer to home, Rinconada Park offers playgrounds, tennis courts, and a community swimming pool. Highly rated Palo Alto Schools, including Addison Elementary, Greene Middle and Palo Alto High School (buyers to verify). Featuring a private yard with cedar decking and garden area - perfect for entertaining and two car parking in a secure garage. A blend of urban excitement and suburban tranquilityan exceptional place to call home!

Nearby schools

7/10
Addison Elementary School
Public,K-50.5mi
8/10
Duveneck Elementary School
Public,K-51.2mi
8/10
Laurel Elementary School
Public,K-51.3mi
2/10
Willow Oaks Elementary School
Public,K-80.8mi
8/10
David Starr Jordan Middle School
Public,6-81.5mi
8/10
Hillview Middle School
Public,6-82.3mi
9/10
Palo Alto High School
Public,9-120.9mi
7/10
Menlo-Atherton High School
Public,9-121.1mi

Price History

Date
Event
Price
08/13/25
Listing
$2,168,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds33
50%
Baths33
50%
Square foot1,9201,750
50%
Lot Size00
Price$2.17M$2.22M
50%
Price per square foot$1,129$1,286
50%
Built year19739865992
50%
HOA$715$794.5
50%
Days on market8585
50%
Condition Rating
Excellent

Despite being built in 1973, the property has undergone an extensive, high-quality renovation. The kitchen features modern high-gloss cabinetry, stainless steel appliances, and solid surface countertops, indicative of a recent 'gourmet' update. Bathrooms are equally contemporary with floating vanities, vessel sinks, and large walk-in showers with modern fixtures. Bamboo flooring throughout and fresh paint contribute to a 'virtually new' interior, aligning with the 'Excellent' condition criteria for properties extensively renovated within the last 5 years.
Pros & Cons

Pros

Prime Downtown Palo Alto Location: Situated just two blocks from vibrant Downtown Palo Alto and minutes from Stanford University, offering unparalleled walkability to amenities, dining, and cultural attractions.
Highly-Rated Palo Alto Schools: Located within the prestigious Palo Alto Unified School District, including highly-rated Addison Elementary, Greene Middle, and Palo Alto High School, a significant draw for families.
Modern & Upgraded Interior Finishes: Features a contemporary design with abundant natural light, bamboo flooring, an open staircase, custom finishes, and an open gourmet kitchen, providing a move-in ready and stylish living space.
Abundant Outdoor & Recreational Opportunities: Proximity to Palo Alto Baylands Nature Preserve and Rinconada Park offers extensive outdoor activities, including hiking, birdwatching, playgrounds, tennis courts, and a community pool.
Valuable Functional Spaces & Parking: Includes a versatile bonus basement space, a private yard with cedar decking for entertaining, and secure two-car garage parking, enhancing convenience and utility.

Cons

Substantial Monthly HOA Fees: The property carries a high monthly association fee of $715, which adds a significant recurring cost to homeownership.
Property Age: Built in 1973, the property is over 50 years old. While updated, its age may present long-term maintenance considerations for some buyers compared to newer constructions.
Townhouse Ownership Structure: As a townhouse, the property involves shared walls and common area responsibilities, which might limit privacy and appeal to buyers preferring a detached single-family home.

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