Midtown Rarity: Oversized Lot & Unmatched Potential on renowned Waverley Street - Walking Distance to Top Rated El Carmelo Elementary & JLS Middle School Nestled on a quiet, tree-lined street, this 1,377 SF home offers 3 bedrooms and 2 full bathrooms, set on a 7,650 SF lot, about 85'x90' shape this property offers the ultimate trifecta of Palo Alto real estate: expansive land, premier schools, and long-term appreciation. Whether you are looking to move in today or build for tomorrow, the "bones" of this investment are rock-solid. Versatile Condition: Clean, functional, and "move-in ready." While not "over-renovated," it offers a comfortable lifestyle now while leaving plenty of "value-add" equity on the table for your personal touch. A Strategic Asset for Discerning Buyers: 1) For the Savvy Investor/Flipper: A high-margin project with clear exit potential.2) For the "Long-Game" Homeowner: Secure your entry into Palo Altos elite market. This is the perfect "forever site": live in a charming starter home now, and slowly transform it into your dream estate as your family grows. The Bottom Line: the true value lies in the land, the location, and the legacy. This home isn't just a place to live; its a strategic hold in one of the world's most exclusive neighborhoods.
Bedrooms
3
Bathrooms
2
Square Feet
1,377
Lot Size
7,650 sqft
Year Built
1953
Property Type
Single Family Residence
Days on Market
18
HOA Fee
N/A
Garage Total
2
MLS #
ML82048210
Flooring
Wood
Heating
Forced Air
Total Parking Spaces
2
Garage Spaces
2
Attached Garage
Yes
Roof
Composition
Water Source
Public
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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