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848 Clara Dr, Palo Alto, CA 94303

Sale Price: $3,110,000
Sep 11, 20241,672 sqft4 beds2 baths
Listed by: Lynne Mercer, CRS
License #: 00796211
Phone #: 650-906-0162
Compass
Source:
CRMLS Logo
MLS #: ML81979264

Property Description

Fabulous opportunity to build your dream home on a pretty, tree-lined, transitioning street in the highly sought after Midtown Palo Alto neighborhood. Originally 3BR/1BA, a large family/great room was added, and the garage has been converted to a 4th bedroom and bath with a separate entry. Most windows, roof, and drain line have been replaced (dates unknown) but there is significant deferred maintenance. Close to Stanford and Midtown Shopping Centers, parks, restaurants, library, and centrally located to numerous electronic companies, major thoroughfares, Caltrain and downtown. Rare opportunity in this great location. (Note, lot size varies depending on source. Buyer to confirm actual lot size.)
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$47,301

TurboHome Estimated Value

$2,974,200

$1,779 sqft

High Valuation
$3,122,910
$1868/sqft
Normal Valuation
$2,974,200
$1779/sqft
Low Valuation
$2,825,490
$1690/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1779/sqft$2,974,200

Neighborhood: Midtown

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Comparative Value

$2.79M

$3.11M

$3.43M

$3.50M

$3.70M

$3.75M

848 Clara Dr, Palo Alto, CA 94303

List Price: $2,795,000

Subject Property

848 Clara Dr, Palo Alto, CA 94303

Sale Price: $3,110,000

Selected Comparable

3129 Stelling Dr, Palo Alto, CA 94303

Sale Price: $3,426,000

Selected Comparable

732 Coastland Dr, Palo Alto, CA 94303

Sale Price: $3,500,000

Selected Comparable

3144 David Ave, Palo Alto, CA 94303

Sale Price: $3,702,000

Selected Comparable

3024 Price Ct, Palo Alto, CA 94303

Sale Price: $3,750,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
848 Clara Dr, Palo Alto, CA 94303

848 Clara Dr, Palo Alto, CA 94303

List: $2,795,000

Listed: 9/11/2024

Area:1,672 sqft
Price/sqft:$1,672
Beds:4
Baths:2
Year Built:
Lot Size:6,360

Comparable Properties

COMPARABLE
Choose comps
848 Clara Dr, Palo Alto, CA 94303

848 Clara Dr, Palo Alto, CA 94303

Sale: $3,110,000

10/10/20240.00 mi

Area:1,672 sqft
Price/sqft:$1,860
Beds:4
Baths:2
Year Built:
Weight:21.8%
732 Coastland Dr, Palo Alto, CA 94303

732 Coastland Dr, Palo Alto, CA 94303

Sale: $3,500,000

4/23/20250.50 mi

Area:1,690 sqft
Price/sqft:$2,071
Beds:4
Baths:2
Year Built:
Weight:21.4%
3024 Price Ct, Palo Alto, CA 94303

3024 Price Ct, Palo Alto, CA 94303

Sale: $3,750,000

4/4/20250.15 mi

Area:1,318 sqft
Price/sqft:$2,845
Beds:4
Baths:2
Year Built:
Weight:19.1%
3129 Stelling Dr, Palo Alto, CA 94303

3129 Stelling Dr, Palo Alto, CA 94303

Sale: $3,426,000

8/18/20250.15 mi

Area:1,575 sqft
Price/sqft:$2,175
Beds:3
Baths:2
Year Built:
Weight:18.9%
3144 David Ave, Palo Alto, CA 94303

3144 David Ave, Palo Alto, CA 94303

Sale: $3,702,000

12/2/20240.16 mi

Area:1,984 sqft
Price/sqft:$1,866
Beds:4
Baths:2
Year Built:
Weight:18.8%

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