555 Byron Street 104, Palo Alto, California 94301, Palo Alto, - bed, bath

home-pic
ACTIVE$2,195,000
555 Byron Street 104, Palo Alto, California 94301
3Beds
2Baths
1,589Sqft
Lot
Year Built
1997
Close
-
List price
$2.19M
Original List price
$2.19M
Price/Sqft
-
HOA
$5,960
Days on market
-
Sold On
-
MLS number
ML82020263
Home ConditionGood
Features
Patio
View-

About this home

Wonderful location at The Hamilton- Palo Alto's luxury 55+ community in the heart of Downtown Palo Alto. In this corner unit every room overlooks a private wrap around garden featuring mature landscaping and multiple patio areas. It has three bedrooms and two full bathrooms, with ample storage space. Other features include: central air conditioning, new flooring, a gas fireplace and and french doors that open to patio space. Residents enjoy access to community facilities, including an indoor pool, and spa , 24 hour front desk, access to gourmet dinners served 5 days a week, gorgeous library, shared guest rooms for overnight visitors, access to a driver, and other planned activities. Dues shown are for one person, if two people, dues are higher. If residents are a fall risk they can wear an alert bracelet that will alert the 24 hour staff immediately.

Price History

Date
Event
Price
09/04/25
Listing
$2,195,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (6 Listings)
Beds32
86%
Baths22
50%
Square foot1,5891,445
86%
Lot Size00
Price$2.19M$1.78M
71%
Price per square foot$1,381$1,199
57%
Built year19971980
71%
HOA$5,960$981
86%
Days on market6269
43%
Condition Rating
Good

Built in 1997, this property is well-maintained and move-in ready. The listing mentions 'new flooring,' which is evident in the living areas, contributing to a fresh feel. The kitchen features clean wood cabinetry with modern hardware, light countertops, and under-cabinet lighting, appearing functional and well-kept. The bathroom has an updated vanity and modern light fixtures, though the gold-framed shower door shows some age. Overall, the property presents a clean, updated appearance with no immediate renovation needs, aligning with the 'Good' condition criteria for properties with some updated components and well-maintained systems.
Pros & Cons

Pros

Prime Downtown Palo Alto Location: Situated in the heart of Downtown Palo Alto, offering unparalleled access to urban amenities and a highly desirable address.
Luxury 55+ Full-Service Community: The Hamilton provides a high-end, age-restricted living experience with extensive amenities including an indoor pool, spa, 24-hour front desk, gourmet dining, library, guest rooms, and transportation services.
Exclusive Corner Unit with Private Garden: A unique corner unit featuring a private wrap-around garden with mature landscaping and multiple patio areas, offering rare outdoor living space for a condominium.
Modern Interior Features: Recently updated with new flooring, central air conditioning, and a gas fireplace, ensuring comfort and contemporary living standards.
Comprehensive Senior Support & Safety: Offers enhanced safety features like alert bracelets for fall risks and 24-hour staff, providing peace of mind and dedicated care for residents.

Cons

Exceptionally High Association Fees: The monthly association fee of $5,960 is very substantial, significantly impacting the total cost of ownership.
Age-Restricted (55+) Community: The 55+ age restriction limits the potential buyer pool, which could affect market demand and resale flexibility.
Variable Association Dues: Dues are higher for two residents, adding an additional cost consideration beyond the already high base fee.

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