OFF MARKET

Off market oct 2024 for $1M

$1,199,812

Est. refi paymentEst. refi $6,915/mo

•

1,230

sq ft

1508 Bay Rd, East Palo Alto, CA 94303

About this home

This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible adjacent rooms, offering a solid foundation for renovation or redevelopment. The patio doors open to a vast, fenced backyard shaded by mature trees, perfect for landscaping or outdoor gatherings. While the home needs some work, the development possibilities are endless. With easy access to Hwy 101, restaurants, shopping, and major tech companies, this property is strategically positioned for future growth and development. Dont miss the chance to explore the endless opportunities this unique lot presents. Visit and envision the future of this remarkable space.

Single-familyProperty Type

1930Year Built

10,500 sq ftLot Size

$975Est. Price/Sq.Ft.

Listed by Graeham Watts •DRE #01466876 • Intero Real Estate Services

Contact: 650-308-4727

Bought with Lizzeth Flores •DRE #02219947 • Infinite Real Estate

Redfin checked: a minute ago

•Source:MLSListings #ML81977462

Redfin Estimate

$1,199,812

$160K since sold in October 2024$47K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 11.2% lower than the average sale price ($1.35M) of 6 comparable homes.

SOLD OCT 1, 2026
$1,275,000
A
3 beds2 baths1,150 sq ft
16 Clarence Ct, East Palo Alto, CA 94303
SOLD AUG 10, 2026
$1,305,000
B
3 beds2 baths1,090 sq ft
2390 Ralmar Ave, East Palo Alto, CA 94303
Sterling Royal Real Estate
SOLD JUL 9, 2026
$1,025,000
C
3 beds2 baths1,060 sq ft
470 Bell St, East Palo Alto, CA 94303
SOLD AUG 28, 2026
$2,850,000
D
3 beds2 baths1,362 sq ft
522 Pope St, Menlo Park, CA 94025
SOLD SEP 24, 2026
$820,000
E
3 beds2 baths1,100 sq ft
2543 Hazelwood Way, East Palo Alto, CA 94303
SOLD JUN 22, 2026
$830,000
F
3 beds1 bath960 sq ft
1232 Laurel Ave, East Palo Alto, CA 94303
HomeSmart PV & Associates, HomeSmart PV & Associates

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Earn from this home

Sell

$334,822

Est. take-home

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Refinance

Est. cash available

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Rent

$4,643/mo

Redfin rental estimate

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Market trends in 94303, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

104.3%

0.1% MoM

Median sale price

$1.5M

$197K MoM

Avg. days on market

15d

12 days MoM

Recently sold homes

6 MoM

New listings for sale

EARLY ACCESS
$3,688,800
3 beds2 baths1,640 sq ft
1054 Arrowhead Way, Palo Alto, CA 94303
$958,000
5 beds2 baths1,500 sq ft
2399 Menalto Ave, East Palo Alto, CA 94303
$1,495,000
5 beds4 baths2,340 sq ft
136 Donohoe St, East Palo Alto, CA 94303
EARLY ACCESS
$1,450,000
3 beds3 baths1,884 sq ft
930 O' Connor St, East Palo Alto, CA 94303
$1,100,000
4 beds2 baths2,125 sq ft
1811 Woodland Ave, East Palo Alto, CA 94303
EARLY ACCESS
1376 Camellia Dr, East Palo Alto, CA 94303
$878,000
3 beds1 bath1,020 sq ft
1376 Camellia Dr, East Palo Alto, CA 94303
EARLY ACCESS
$825,000
4 beds1 bath1,040 sq ft
1210 Westminster Ave, East Palo Alto, CA 94303
$599,000
1 bed1.5 baths950 sq ft
1765 East Bayshore Rd #219, East Palo Alto, CA 94303
See all

Provided by Redfin

Sale history for 1508 Bay Rd

Date

Event

Price

MLSListings #ML81977462

Oct 16, 2024

Sold

$1,040,000

$846/sq ft

Oct 1, 2024

Pending

—

Aug 20, 2024

Listed

$899,000

$731/sq ft

MLSListings #ML81513743

Oct 2, 2015

Sold

$725,000

$589/sq ft

Sep 19, 2015

Pending

—

Sep 9, 2015

Listed

$588,888

$479/sq ft

Imagine all of the possibilities for this 10,500 square foot lot * . The charming 2 bedroom, 1.5 bath Spanish-style home is in need of TLC. The spacious garden has many mature fruit trees and vegetation. This property has the benefit of being straddled between two streets, Bay Road and Weeks Street. It is conveniently located off of University Ave with easy access to downtown Palo Alto, Facebook and multiple commute routes. * per Assessor

Year

Property tax

Land + Additions

Assessment*

2025

$13,391 (+20.4%)

$882,300 + $178,500

$1,060,800

2024

$11,125 (+2.5%)

$865,000 + $175,000

$1,040,000

2023

$10,855 (+4.9%)

$696,348 + $145,071

$841,419

2022

$10,344 (+2.1%)

$682,695 + $142,227

$824,922

2021

$10,131 (+1.5%)

$669,309 + $139,439

$808,748

2020

$9,984 (−0.3%)

$656,186 + $136,705

$792,891

2019

$10,013 (+2.0%)

$649,458 + $135,304

$784,762

2018

$9,820 (+3.7%)

$636,724 + $132,651

$769,375

2017

$9,474 (+0.9%)

$612,000 + $127,500

$739,500

2016

$9,392 (+23.3%)

$612,000 + $127,500

$739,500

2015

$7,615 (+457.9%)

$600,000 + $125,000

$725,000

2014

$1,365 (−11.7%)

$10,007 + $22,896

$32,903

2012

$1,545 (+7.2%)

$9,962 + $22,793

$32,755

2011

$1,442 (+14.1%)

$9,767 + $22,347

$32,114

2010

$1,264 (+14.5%)

$9,576 + $21,909

$31,485

2009

$1,104 (+4.1%)

$9,505 + $21,746

$31,251

2008

$1,061

$9,528 + $21,798

$31,326

Tax history for 1508 Bay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$13,391 (+20.4%)

$882,300 + $178,500

$1,060,800

2024

$11,125 (+2.5%)

$865,000 + $175,000

$1,040,000

2023

$10,855 (+4.9%)

$696,348 + $145,071

$841,419

2022

$10,344 (+2.1%)

$682,695 + $142,227

$824,922

2021

$10,131 (+1.5%)

$669,309 + $139,439

$808,748

2020

$9,984 (−0.3%)

$656,186 + $136,705

$792,891

2019

$10,013 (+2.0%)

$649,458 + $135,304

$784,762

2018

$9,820 (+3.7%)

$636,724 + $132,651

$769,375

2017

$9,474 (+0.9%)

$612,000 + $127,500

$739,500

2016

$9,392 (+23.3%)

$612,000 + $127,500

$739,500

2015

$7,615 (+457.9%)

$600,000 + $125,000

$725,000

2014

$1,365 (−11.7%)

$10,007 + $22,896

$32,903

2012

$1,545 (+7.2%)

$9,962 + $22,793

$32,755

2011

$1,442 (+14.1%)

$9,767 + $22,347

$32,114

2010

$1,264 (+14.5%)

$9,576 + $21,909

$31,485

2009

$1,104 (+4.1%)

$9,505 + $21,746

$31,251

2008

$1,061

$9,528 + $21,798

$31,326

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

10,550 Sq. Ft.

Year renovated

1930

Sq. Ft.

1,230

Year built

1930

Style

Single Family Residential

County

San Mateo County

APN

063203370

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 2, 2026.

R-MD-2

Multiple-Family Medium Density Residential Zone

This zone provides for the development of a wide range of multiple-family residential opportunities, including duplexes, triples, quadplexes, rowhouses, townhouses, courtyard multiple-family buildings, and small scale multiple-family buildings. Cultural, education, and public assembly uses are conditionally allowed. This zone is intended to provide for an increase in housing units to meet affordability and other community goals. The zone is located throughout the City to provide a transition between higher density/intensity residential, mixed use, and commercial areas and low density residential neighborhoods. This zone implements the Medium Density Residential (MDR) land use designation in the General Plan.

Permitted uses

Include but are not limited to:

Agriculture
Livestock production
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure

Property details

Parking

Parking Information
Parking Description: No Garage

Interior

Bedroom Information
# of Bedrooms (Minimum): 3
# of Bedrooms (Maximum): 3

Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1

Room Information
Dining Room Description: No Formal Dining Room

Fireplace Information
Has Fireplace
Fireplace Description: Wood-Burning
Fireplaces (Minimum): 1

Heating & Cooling Information
Cooling: Window/Wall Unit
Heating: Wall Furnace

Exterior

Exterior Features
Roof: Flat/Low Pitch

Building Information
Subclass: Single Family Home
Building Type: Detached
Concrete Perimeter and Slab

Property Features
Living Sq. Ft.: 1,230

Property Information
Property Primary ID: 533202

Lot Information
Lot Acres: 0.241
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: R10000

Utilities

Utility Information
Sewer Septic: Sewer (Public)
Utilities: Public Utilities

Water Information
Water: Public

Location

Multi-Unit Information
# of Stories: 1

School Information
Elementary School: Costano Elementary
Elementary School District: Ravenswood City Elementary
High School: Carlmont High
High School District: Sequoia Union High

Public facts

Beds: 2
Baths: 1.5
Sq. Ft.: 1,230
Stories: 1.0
Lot Size: 10,550 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1930
County: San Mateo County
APN: 063203370

Home facts updated by county records on Sep 2, 2026

Around this home

Schools

Costano Elementary School

Public K-5 • Assigned • 0.5mi

3/10

Ravenswood Comprehensive Middle

Public 6-8 • Assigned • 0.2mi

4/10

Menlo-Atherton High School

Public 9-12 • Assigned • 1.9mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

4/10 Heat Factor

7 days above 90° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

13 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

East Palo Alto, CA • 94303

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.1 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

11.1 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.14M – $1.38M

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Nearby similar homes

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New listings for sale in 94303

EARLY ACCESSCOMPASS COMING SOON

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Coved ceiling detail • Granite counter tops • 6,690 sq ft lot

EARLY ACCESSCOMPASS COMING SOON

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3,230 sq ft lot • Built 2001

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EARLY ACCESSCOMPASS COMING SOON

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Home values near 1508 Bay Rd

Data from public records.

Address	Redfin Estimate
1530 Bay Road, East Palo Alto, CA 2 Beds \| 1 Baths \| 1020 Sq. Ft.	$852,772
1538 Bay Road, East Palo Alto, CA 2 Beds \| 1 Baths \| 1180 Sq. Ft.	$1,046,245

Address	Redfin Estimate
1521 Bay Road, East Palo Alto, CA 2 Beds \| 1 Baths \| 1050 Sq. Ft.	$702,413
1531 Bay Road, East Palo Alto, CA 2 Beds \| 2 Baths \| 1250 Sq. Ft.	$927,369

Address	Redfin Estimate
1519 Bay Road, East Palo Alto, CA 2 Beds \| 1 Baths \| 817 Sq. Ft.	$999,601
1529 Bay Road, East Palo Alto, CA 2 Beds \| 1 Baths \| 810 Sq. Ft.	$1,073,114

Property information provided by MLSListings when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 94303, CA

Sale history for 1508 Bay Rd

Tax history for 1508 Bay Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 94303

Home values near 1508 Bay Rd

More real estate resources