The inventory has returned!  This week we saw 16 new homes hit the market, along with two investment properties and a few price reduction.  That’s a lot of action given that most weeks up this point have had about 10-14 new homes hit the market (on a good week).  See below for this week’s newest properties:

551 Maybell Avenue – 3 Bedrooms | 2 Bathrooms | 1,723 SF House | 7,140 SF Lot | $1,598,000.  Older but nicely taken care of home.  To me the home felt disjointed in several spaces, where you would see a slightly more modern look fused with an older design (exposed ceiling beams next to a more modern room).  I did like the layout of the home on the lot, which helped to create a large backyard.  Buyers for this property will want to become familiar with the possible large scale building project down the street.

1754 Emerson Street – 2 Bedrooms | 2 Bathrooms | 1,160 SF House | 5,000 SF Lot | $1,688,000.  Cute starter home in Old Palo Alto. This lightly remodeled home checks all the boxes for a great starter home.   The feel is spacious for the size and the rooms are well laid out and have an open feel. The backyard feels extremely private, and given that the location is in a fairly good section of Old Palo Alto, expect this home to move fairly quickly.

784 Palo Alto Avenue – 3 Bedrooms | 2 Bathrooms | 1,996 SF House | 5,170 SF Lot | $2,195,000.  This is a neat home, if for no other reason than the man-cave/basement.  I liked the overall flow and the oversized entryway.  I’m not a big fan of the spiral staircase, but it was a good way to place the staircase without taking up too much room in the house.  I really like Palo Alto Avenue, since it is a private feeling street.  But most importantly, the basement.  The ceiling is high enough that you can walk around without leaning over, and it’s oversized so there’s plenty of space to make a great kid’s room, hang out area, etc.  Altogether, a neat home.

816 Ames Avenue – 4 Bedrooms | 3.5 Bathrooms | 2,893 SF House | 7,227 SF Lot | $2,788,888.  New construction in South Palo Alto.  I’m not the biggest fan of corner lots, but this home did a good job of making the home feel estate-like by adding so much of a front yard.  Some of the green features made a lot of sense, and the open spaces added a nice feel to the property.  The home is definitely a good match for a lover of modern design.  I didn’t expect to like this home, but I ended up walking out and really liking it.  Expect this property to fly off the shelves; it’s new construction and priced like an older home.

2141 Princeton Street – 4 Bedrooms | 4 Bathrooms | 1,831 SF House | 4,625 SF Lot | $1,598,000.  If you love the feel of college terrace, this home will be a good match.  The feel of the home and interior is very college terrace (bungalow feel but in a tree-lined, young feeling street).  Three of the bedrooms are en suite, and so this property would also make a good rental for a few college kids.  The floorplan is a bit disjointed, but altogether it is a nice property for the area.

1820 Bryant Street – 5 Bedrooms | 4.5 Bathrooms | 3,487 SF House | 6,400 SF Lot | $4,100,000.  This property was sold in December of last year.  Since that time, there has been some light remodeling to the bathrooms.   The home is definitely nice.  The bedrooms are oversized, and although the downstairs has a segmented floorplan, the rooms are large which compensates well for a sometimes compartment like feel.  I’m curious to see how this property does on the market, as it is a good indicator of appreciation for the area.

215 Lowell Avenue – 7 Bedrooms | 6.5 Bathrooms | 12,825 SF House | 37,462 SF Lot | $23,000,000.  I’ve been following this property off market for a while (like, months), and now it is finally out in the open.  One of the largest lots in Palo Alto, this enormous home is pretty remarkable.  The interior feels over the top at times, as it stays true in many aspects to the period it was built (1916).  Meticulously maintained and discreetly upgraded throughout, this home is quite impressive.  It is definitely worth taking a look.

776 Barron Avenue – 3 Bedrooms | 2 Bathrooms | 1,781 SF House | 6,800 SF Lot | $1,798,000.  Recently remodeled home in the center of Barron Park.  I love this neighborhood (so much so that I’m moving there next month).  The home itself seems to have undergone a recent transformation in the kitchen, bathrooms, and bedrooms.  The parquet flooring seems a bit out of place, and I think remodeling different aspects of the home would have been more beneficial.  The home itself has a nice layout, and would make a nice starter home.  I wish the pool had been filled in, as it keeps the home from having an expansive backyard.  Oh well…the location allows for a quick walk to Barron Park Elementary, and the kids can always use the outdoor spaces there.

1180 Almanor Lane – 3 Bedrooms | 3 Bathrooms | 1,716 SF Unit | $193 / Month HOA Dues | $1,098,000.  Recently built, these town homes have been an interesting creation.  I like the modern feel but the several floors make it a chore to go up and down consistently.  The complex itself is quite nice, and the does are low.  The kitchens in the majority of these units are fairly small, and this one fits that bill.  If you’re looking for a nice entry point to Palo Alto and want a little more space (these units are large), then this is a good purchase.

2916 Ramona Street – 5 Bedrooms | 3 Bathrooms | 3,025 SF House | 7,061 SF Lot | $3,080,000.  Priced to move, this home has a lot going for it if you can look past some of the aesthetics.  There are several open spaces which flow well with the rest of the home, and the bedroom configuration upstairs is well situated for a larger family.  One downside to me was the kitchen.  It feels very small given the size of the house, and is not as impressive as I would like.  The backyard in this home is considerably large, as the house is located more toward the front of the lot.  Worth seeing if you have a larger family.

581 Addison Avenue – 4 Bedrooms | 3 Bathrooms | 2,462 SF house | 3,750 SF Lot | $2,300,000.  This home has an interesting layout.  About half of the house is located on the first floor, and the other half is located in the basement.  The easiest way to look at this house is to consider it a two bedroom, two bathroom home with a livable basement.  The location is nice, but given the lot size and corner location, it does feel small.  The price, to me, feels big.

3890 La Donna Avenue – 2 Bedrooms | 1 Bathroom | 1,292 SF House | 5,850 SF Lot | $1,088,000.  Cute story: I used to door knock this neighborhood, and the old owner used to invite me in to chat.  Lovely older lady.  This home has not seen many upgrades throughout the years, and will feel a little small for most.  The lot size is also on the smaller side, but the backyard has a very private feel.  For an entry level home, this is not a bad purchase, but be prepared to do some work once you move in.  The home is priced to move, so get in while you can!

2175 Emerson Street – 2 Bedrooms | 2 Bathrooms | 1,957 SF House | 5,000 SF Lot | $2,395,000.  An amazing, albeit angular home in Old Palo Alto.  You can’t help but be impressed by the exterior of this home when you see it.  Inside, the home has many angles to both the walls and ceiling.  I have a mixed feeling about this.  Downstairs, it works, but upstairs it becomes an issue with the bedrooms.  The kitchen is really well done, and although the lot is on the smaller side, the cabana feel of the backyard makes the space feel very private.

328 Middlefield Road – 4 Bedrooms | 3 Bathrooms | 2,230 SF House | 5,600 SF Lot | $2,380,000.  New construction in North Palo Alto.  Located on Middlefield, which gets a fair amount of traffic/noise, this home could model for Restoration Hardware.  The interior spaces have a nice, airy feel to them and the touches are all modern without being over the top.  The kitchen was funky to me, as the dining table feels like it was just thrown in there.  The lot is smaller, so you’ll find that the garage takes up most of it.  If you’re looking for North Palo Alto and need four bedrooms, this may be an option, but to me the price feels big since the street gets so busy.

3172 Middlefield Road – 2 Bedrooms | 1 Bathroom | 998 SF Unit | $275 /Month HOA Dues | $650,000.  Don’t be fooled by the photo, this unit is worth seeing.  The complex has reasonably low HOA dues, and this townhouse, although on the smaller side, definitely has a workable floor plan.  I liked the downstairs configuration, since it allowed for a fair amount of space and seemed to work well for entertaining.  The upstairs is on the smaller side, with just the one shared bathroom, but it works.  Since there are not that many comparable sales for a unit like this, it will be interesting to watch.

4238 Rickeys Way, #R – 2 Bedrooms | 2.5 Bathrooms | 1,766 SF Unit | $265 per Month HOA Dues | $1,039,000.  I remember when this development was being built, and have always thought that it was a great starter option.  This unit is well laid out with large spaces throughout.  I like that the kitchen opens up well to the living room, and the ceilings are high to make the whole are feel large.  The construction on this complex was quick, but nonetheless these are some of the nicest newer units in Palo Alto.

The inventory has returned!  This week we saw 16 new homes hit the market, along with two investment properties and a few price reduction.  That’s a lot of action given that most weeks up this point have had about 10-14 new homes hit the market (on a good week).  See below for this week’s newest properties:

551 Maybell Avenue – 3 Bedrooms | 2 Bathrooms | 1,723 SF House | 7,140 SF Lot | $1,598,000.  Older but nicely taken care of home.  To me the home felt disjointed in several spaces, where you would see a slightly more modern look fused with an older design (exposed ceiling beams next to a more modern room).  I did like the layout of the home on the lot, which helped to create a large backyard.  Buyers for this property will want to become familiar with the possible large scale building project down the street.

1754 Emerson Street – 2 Bedrooms | 2 Bathrooms | 1,160 SF House | 5,000 SF Lot | $1,688,000.  Cute starter home in Old Palo Alto. This lightly remodeled home checks all the boxes for a great starter home.   The feel is spacious for the size and the rooms are well laid out and have an open feel. The backyard feels extremely private, and given that the location is in a fairly good section of Old Palo Alto, expect this home to move fairly quickly.

784 Palo Alto Avenue – 3 Bedrooms | 2 Bathrooms | 1,996 SF House | 5,170 SF Lot | $2,195,000.  This is a neat home, if for no other reason than the man-cave/basement.  I liked the overall flow and the oversized entryway.  I’m not a big fan of the spiral staircase, but it was a good way to place the staircase without taking up too much room in the house.  I really like Palo Alto Avenue, since it is a private feeling street.  But most importantly, the basement.  The ceiling is high enough that you can walk around without leaning over, and it’s oversized so there’s plenty of space to make a great kid’s room, hang out area, etc.  Altogether, a neat home.

816 Ames Avenue – 4 Bedrooms | 3.5 Bathrooms | 2,893 SF House | 7,227 SF Lot | $2,788,888.  New construction in South Palo Alto.  I’m not the biggest fan of corner lots, but this home did a good job of making the home feel estate-like by adding so much of a front yard.  Some of the green features made a lot of sense, and the open spaces added a nice feel to the property.  The home is definitely a good match for a lover of modern design.  I didn’t expect to like this home, but I ended up walking out and really liking it.  Expect this property to fly off the shelves; it’s new construction and priced like an older home.

2141 Princeton Street – 4 Bedrooms | 4 Bathrooms | 1,831 SF House | 4,625 SF Lot | $1,598,000.  If you love the feel of college terrace, this home will be a good match.  The feel of the home and interior is very college terrace (bungalow feel but in a tree-lined, young feeling street).  Three of the bedrooms are en suite, and so this property would also make a good rental for a few college kids.  The floorplan is a bit disjointed, but altogether it is a nice property for the area.

1820 Bryant Street – 5 Bedrooms | 4.5 Bathrooms | 3,487 SF House | 6,400 SF Lot | $4,100,000.  This property was sold in December of last year.  Since that time, there has been some light remodeling to the bathrooms.   The home is definitely nice.  The bedrooms are oversized, and although the downstairs has a segmented floorplan, the rooms are large which compensates well for a sometimes compartment like feel.  I’m curious to see how this property does on the market, as it is a good indicator of appreciation for the area.

215 Lowell Avenue – 7 Bedrooms | 6.5 Bathrooms | 12,825 SF House | 37,462 SF Lot | $23,000,000.  I’ve been following this property off market for a while (like, months), and now it is finally out in the open.  One of the largest lots in Palo Alto, this enormous home is pretty remarkable.  The interior feels over the top at times, as it stays true in many aspects to the period it was built (1916).  Meticulously maintained and discreetly upgraded throughout, this home is quite impressive.  It is definitely worth taking a look.

776 Barron Avenue – 3 Bedrooms | 2 Bathrooms | 1,781 SF House | 6,800 SF Lot | $1,798,000.  Recently remodeled home in the center of Barron Park.  I love this neighborhood (so much so that I’m moving there next month).  The home itself seems to have undergone a recent transformation in the kitchen, bathrooms, and bedrooms.  The parquet flooring seems a bit out of place, and I think remodeling different aspects of the home would have been more beneficial.  The home itself has a nice layout, and would make a nice starter home.  I wish the pool had been filled in, as it keeps the home from having an expansive backyard.  Oh well…the location allows for a quick walk to Barron Park Elementary, and the kids can always use the outdoor spaces there.

1180 Almanor Lane – 3 Bedrooms | 3 Bathrooms | 1,716 SF Unit | $193 / Month HOA Dues | $1,098,000.  Recently built, these town homes have been an interesting creation.  I like the modern feel but the several floors make it a chore to go up and down consistently.  The complex itself is quite nice, and the does are low.  The kitchens in the majority of these units are fairly small, and this one fits that bill.  If you’re looking for a nice entry point to Palo Alto and want a little more space (these units are large), then this is a good purchase.

2916 Ramona Street – 5 Bedrooms | 3 Bathrooms | 3,025 SF House | 7,061 SF Lot | $3,080,000.  Priced to move, this home has a lot going for it if you can look past some of the aesthetics.  There are several open spaces which flow well with the rest of the home, and the bedroom configuration upstairs is well situated for a larger family.  One downside to me was the kitchen.  It feels very small given the size of the house, and is not as impressive as I would like.  The backyard in this home is considerably large, as the house is located more toward the front of the lot.  Worth seeing if you have a larger family.

581 Addison Avenue – 4 Bedrooms | 3 Bathrooms | 2,462 SF house | 3,750 SF Lot | $2,300,000.  This home has an interesting layout.  About half of the house is located on the first floor, and the other half is located in the basement.  The easiest way to look at this house is to consider it a two bedroom, two bathroom home with a livable basement.  The location is nice, but given the lot size and corner location, it does feel small.  The price, to me, feels big.

3890 La Donna Avenue – 2 Bedrooms | 1 Bathroom | 1,292 SF House | 5,850 SF Lot | $1,088,000.  Cute story: I used to door knock this neighborhood, and the old owner used to invite me in to chat.  Lovely older lady.  This home has not seen many upgrades throughout the years, and will feel a little small for most.  The lot size is also on the smaller side, but the backyard has a very private feel.  For an entry level home, this is not a bad purchase, but be prepared to do some work once you move in.  The home is priced to move, so get in while you can!

2175 Emerson Street – 2 Bedrooms | 2 Bathrooms | 1,957 SF House | 5,000 SF Lot | $2,395,000.  An amazing, albeit angular home in Old Palo Alto.  You can’t help but be impressed by the exterior of this home when you see it.  Inside, the home has many angles to both the walls and ceiling.  I have a mixed feeling about this.  Downstairs, it works, but upstairs it becomes an issue with the bedrooms.  The kitchen is really well done, and although the lot is on the smaller side, the cabana feel of the backyard makes the space feel very private.

328 Middlefield Road – 4 Bedrooms | 3 Bathrooms | 2,230 SF House | 5,600 SF Lot | $2,380,000.  New construction in North Palo Alto.  Located on Middlefield, which gets a fair amount of traffic/noise, this home could model for Restoration Hardware.  The interior spaces have a nice, airy feel to them and the touches are all modern without being over the top.  The kitchen was funky to me, as the dining table feels like it was just thrown in there.  The lot is smaller, so you’ll find that the garage takes up most of it.  If you’re looking for North Palo Alto and need four bedrooms, this may be an option, but to me the price feels big since the street gets so busy.

3172 Middlefield Road – 2 Bedrooms | 1 Bathroom | 998 SF Unit | $275 /Month HOA Dues | $650,000.  Don’t be fooled by the photo, this unit is worth seeing.  The complex has reasonably low HOA dues, and this townhouse, although on the smaller side, definitely has a workable floor plan.  I liked the downstairs configuration, since it allowed for a fair amount of space and seemed to work well for entertaining.  The upstairs is on the smaller side, with just the one shared bathroom, but it works.  Since there are not that many comparable sales for a unit like this, it will be interesting to watch.

4238 Rickeys Way, #R – 2 Bedrooms | 2.5 Bathrooms | 1,766 SF Unit | $265 per Month HOA Dues | $1,039,000.  I remember when this development was being built, and have always thought that it was a great starter option.  This unit is well laid out with large spaces throughout.  I like that the kitchen opens up well to the living room, and the ceilings are high to make the whole are feel large.  The construction on this complex was quick, but nonetheless these are some of the nicest newer units in Palo Alto.