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2331 Carmel Dr, Palo Alto, CA 94303

Sale Price: $3,700,000
Jun 20, 20253,072 sqft6 beds5 baths
Listed by: Carolyn Lott
License #: 01846747
Phone #: 650-248-7964
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: ML82011597

Property Description

$300K PRICE IMPROVEMENT! Welcome to 2331 Carmel Drive in the sought-after Green Gables neighborhood of Palo Alto. This 3,072 square foot home has 6 generously sized bedrooms, with 2 ensuite and 5 bathrooms; custom built in the 1980 for Seller. Sitting on a 8,687 square foot lot at the end of a cul-de-sac, this is an opportunity not to be missed. Bring your design to transform the large kitchen, with pass-through window to the backyard, perfect for entertaining. The original cottage home has a separate entrance. Surrounded by mature trees bringing in a mix of sunlight and shade is ready to create your outdoor retreat. Stroll through tree lined St. Francis Drive to Edgewood shopping center or make the short walk to Midtown as well. Separate one car garage and small office cottage for extra space. Both complete with 110 power. Infrastructure is here, copper piping, 40 year roof is 10 years new, double paned windows. All that is needed is your vision to make it a stunning forever home.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$61,041

TurboHome Estimated Value

$3,983,700

$1,297 sqft

High Valuation
$4,182,885
$1362/sqft
Normal Valuation
$3,983,700
$1297/sqft
Low Valuation
$3,784,515
$1232/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1297/sqft$3,983,700

Neighborhood: Duveneck-Saint Francis

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Comparative Value

$3.70M

$3.90M

$4.43M

2331 Carmel Dr, Palo Alto, CA 94303

Sale Price: $3,700,000

Selected Comparable

2331 Carmel Dr, Palo Alto, CA 94303

List Price: $3,898,000

Subject Property

339 Kellogg Ave, Palo Alto, CA 94301

Sale Price: $4,430,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
2331 Carmel Dr, Palo Alto, CA 94303

2331 Carmel Dr, Palo Alto, CA 94303

List: $3,898,000

Listed: 6/20/2025

Area:3,072 sqft
Price/sqft:$1,269
Beds:6
Baths:5
Year Built:
Lot Size:8,687

Comparable Properties

COMPARABLE
Choose comps
2331 Carmel Dr, Palo Alto, CA 94303

2331 Carmel Dr, Palo Alto, CA 94303

Sale: $3,700,000

8/14/20250.00 mi

Area:3,072 sqft
Price/sqft:$1,204
Beds:6
Baths:5
Year Built:
Weight:68.1%
339 Kellogg Ave, Palo Alto, CA 94301

339 Kellogg Ave, Palo Alto, CA 94301

Sale: $4,430,000

10/17/20241.45 mi

Area:2,684 sqft
Price/sqft:$1,651
Beds:5
Baths:4
Year Built:
Weight:31.9%

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3

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