Welcome to one of the smallest houses in Palo Alto, on one of the shortest private lanes.
Since this house is in the entry-level market, there will always be a strong demand for it. It’s walking distance to great schools, a farmer’s market, and Whole Foods. The houses to the right and left on either side are rumored to be going on the market soon, so bring a friend. The first house on the lane, which used to be identical to this property, was recently remodeled and listed for $1.4M. It didn’t sell at that price, so they took it off the market. A person with vision might even consider buying both of the center properties and merging them together into one larger house.
The realtor informed me that he spent 10 whole days fixing up this house, so realize that its “beauty” is only skin deep. I would be tempted to allow for a gabled roof, new windows, and plaster in my remodeling budget. It’s on a substandard lot, and as such, you can add only a little over 100 square feet to its footprint, and there’s also a height limitation. This is a project for a grounded optimist. One who understands that this is why God created Ikea and Home Depot.
Buyer qualifications: Life is blank canvas to you. Susan Susanka’s book, “Not So Big House” sits on your nightstand. You think that monthly condo association fees are for losers; you’d rather spend your hard-earned cash on compost and a vegetable garden. You have a statuette of St. Jude, the patron saint of lost causes, on your dashboard.
You know who you are.
STATS
Price: $659,000
Location: 957 Channing Ave, Palo Alto
BR: 1, BA 1
Sq. Ft.: 810
Lot Size: 3,049
MLS: #705012
United States
Canada