707 Webster Street, Palo Alto, California 94301, Palo Alto, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$1,680,000
707 Webster Street, Palo Alto, California 94301
2Beds
2Baths
1,392Sqft
701Lot
Year Built
1977
Close
-
List price
$1.68M
Original List price
$1.84M
Price/Sqft
-
HOA
$560
Days on market
213 Days
Sold On
2025-11-21
MLS number
ML82003389
Home ConditionExcellent
Features
Patio
View-

About this home

Spectacularly updated 2 Bed 2.5 Bath townhome in the heart of downtown Palo Alto, offers the ultimate in convenience and lifestyle. Located on a tree-lined street just 2 blocks from University Avenue, in the vibrant heart of downtown Palo Alto, this residence offers the best of city-like lifestyle. The ground floor features a spacious living room, dining room, gourmet kitchen, a breakfast bar and a half bathroom nearby. The Primary Suite and second bedroom, both with fully remodeled en suite bathrooms, are upstairs. Enjoy indoor & outdoor entertaining by sliding open glass doors from the dining room to the spacious back patio. Direct access to underground gated garage with 2 dedicated spots & private storage room. Step outside your front door and find yourself just moments away from great boutique shopping and award-winning restaurants, & enjoy easy access to Stanford University, the Stanford Shopping Center, Caltrain, and US 101. Excellent Palo Alto schools: Addison Elementary, Greene Middle, Palo Alto High (buyer to confirm)

Price History

Date
Event
Price
08/13/25
Price Change
$1,680,000
04/22/25
Listing
$1,838,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds22.5
50%
Baths22.5
50%
Square foot1,3921,486
50%
Lot Size701908
50%
Price$1.68M$1.98M
50%
Price per square foot$1,207$1,325
50%
Built year19779885992
50%
HOA$560$717
50%
Days on market197140
50%
Condition Rating
Excellent

Despite being built in 1977, this property has undergone a spectacular and extensive renovation, as evidenced by the description and images. The kitchen features modern grey shaker cabinets, white quartz countertops, subway tile backsplash, and new stainless steel appliances. Both bathrooms are fully remodeled with contemporary vanities, updated tiling, modern fixtures, and glass shower enclosures. New hardwood and tile flooring, recessed lighting, and fresh paint throughout contribute to a virtually new feel, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of downtown Palo Alto, just two blocks from University Avenue, offering unparalleled access to boutique shopping, award-winning restaurants, Stanford University, Stanford Shopping Center, Caltrain, and US 101.
Extensive Modern Updates: The townhome has been 'spectacularly updated' with a gourmet kitchen and fully remodeled en suite bathrooms, providing a move-in ready and contemporary living experience.
Excellent School District: Located within the highly-regarded Palo Alto school district, including Addison Elementary, Greene Middle, and Palo Alto High, a significant draw for families.
Private Outdoor Space & Secure Parking: Features a spacious back patio ideal for indoor/outdoor entertaining and direct access to an underground gated garage with two dedicated parking spots and a private storage room.
Convenient City Lifestyle: Offers the 'ultimate in convenience and lifestyle' with a vibrant, city-like living experience, emphasizing walkability and access to urban amenities.

Cons

Extended Market Time & Price Reduction: With 213 days on market and a significant price reduction from the original $1.838M to $1.68M, it suggests potential challenges in market appeal or initial overpricing.
High Monthly Association Fee: A monthly association fee of $560.0 represents a substantial ongoing cost that buyers must factor into their budget.
Limited Lot Size: The property's 701 sqft lot size is very small, typical for a townhome, which offers minimal private outdoor space beyond the designated patio area.

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