I hope everyone had a wonderful holiday weekend! I know the new owners of the below properties definitely did! Today’s featured homes are from Palo Alto and Redwood City. Here are last week’s most and least expensive homes sold in Silicon Valley.
Two words: land value. That’s what defined last week’s most expensive home sold in the prime location of Old Palo Alto. The 3,224 SqFt Rancher on an expansive, 13,954 SqFt lot sold for $9,100,000. Lots of more than 10,000 SqFt in Palo Alto are not as common to see, especially located in one of the most sought-after neighborhoods in Silicon Valley! This home has a lot of building and development potential it will be interesting to see what the new owners do with it.
2170 Waverley Street, Palo Alto
List Price: $8,980,000 Sale Price: $9,100,000
3,224 SqFt • 4 Bed • 4 Bath
The least expensive home sold last week comes from Redwood City. This darling, remodeled home is located on a nicely sized 5,250 SqFt lot with a lot of potential. I think it’s fair to say, Redwood City continues to be one of the most affordable cities on the Peninsula!
2821 Blenheim Avenue, Redwood City
List Price: $1,079,000 Sale Price: $1,175,000
870 SqFt • 2 Bed • 1 Bath
*All data referenced above is provided by MLS listings.