Palo Alto Homes under $2 million

Welcome to Palo Alto, California – a vibrant city nestled in the heart of Silicon Valley, where innovation meets charm. Known for its rich history and prestigious educational institutions, including Stanford University, Palo Alto boasts a unique blend of cultural diversity and technological advancement. With its tree-lined streets, stunning parks, and thriving local businesses, this city offers a truly exceptional quality of life.

Palo Alto is not just a hub for tech giants and start-ups; it also features a welcoming community atmosphere. Residents enjoy access to top-rated schools, a plethora of recreational activities, and an array of dining and shopping options. From the bustling downtown area to the serene neighborhoods, there’s something for everyone here.

For those seeking to invest in this remarkable city, there are homes available under $2 million. These properties present a fantastic opportunity to become part of the Palo Alto community without breaking the bank. Whether you’re looking for a charming bungalow, a contemporary townhouse, or a cozy family home, you’ll find a variety of options that cater to different lifestyles and preferences.

The real estate market in Palo Alto is competitive, but with the right guidance, you can discover hidden gems that offer both value and potential. Imagine living just minutes away from world-class amenities, beautiful parks, and a thriving community spirit. Explore the homes under $2 million and take the first step towards your dream life in Palo Alto – where innovation and community come together in perfect harmony.

Newest Palo Alto Homes under $2 million

$1,868,000

3 Beds ⋅ 3 Baths ⋅ ML82063381 MLS

LAST OPPORTUNITY FINAL RESIDENCE 2! This beautifully designed 3-bedroom, 3-bathroom townhome offers 1,541 square feet of thoughtfully planned living space. The open-concept main living level creates a seamless flow between the kitchen, dining, and living areas, ideal for everyday living and entertaining. The second level features a spacious bedroom conveniently located near the kitchen and living areas, making it an ideal guest suite, home office, or flexible living space. A welcoming entry includes a large walk-in closet for exceptional storage. The top level is dedicated to a private primary suite featuring a walk-in closet, dual-sink vanity, and expansive shower. An additional bedroom and full bathroom provide even more flexibility for family, guests, or a dedicated workspace. Beautifully appointed with Bosch stainless steel appliances, modern white flat-panel cabinetry, and engineered wood flooring throughout the first and second levels. Discover 28Fifty, a collection of just 48 newly constructed townhomes in Palo Altos desirable Midtown neighborhood. Residents enjoy a community park and convenient proximity to shopping, dining, cafes, commuter routes, and highly regarded local schools. This is the final opportunity to own Residence 2 at 28Fifty. Schedule your tour today!

1105 Juana Court, Palo Alto

Listing courtesy of Natalie Viviani from Summerhill Brokerage, Inc.. 510-460-0132

$1,998,000

4 Beds ⋅ 2 Baths ⋅ ML82063110 MLS

Spooky season is almost here, and this one comes with a frightfully long to-do list! Built in 1926, this property is being offered in its current gutted, unfinished condition and presents an opportunity for someone with vision, imagination, and a willingness to take on a substantial renovation or possible rebuild (buyer to check with city). The interior has been stripped to the studs and subfloor. Work was started at some point within approximately the past 10 years, but the renovation remains incomplete. The property currently features exposed framing, subfloor, older exterior siding and most of the existing roof, with a portion missing. The generally flat lot is currently mostly bare dirt without landscaping. The history of the home and prior work is unknown. No tricks here, just a very real renovation project with plenty of potential! Bring your contractor, architect, imagination...and maybe a flashlight. Property is being sold in its present condition. Features/statistics (bedrooms, bathrooms, rooms, square footages) were auto populated through MLS. Buyers are encouraged to conduct their own due diligence regarding the property's condition, history, permits, zoning, utilities, structure, and feasibility of any proposed improvements.

655 Embarcadero Road, Palo Alto

Listing courtesy of Jeri Richardson-Daines from NuTerra Real Estate Group. 650-208-7846

$1,100,000

2 Beds ⋅ 2 Baths ⋅ ML82062835 MLS

Experience the perfect blend of luxury and lifestyle in this renovated penthouse feel top floor 1044 SF 2-bedroom, 2-bathroom Palo Alto condo w/private balcony representing the finest in contemporary modern living. A flawless showcase of mid-century revival design, the home greets you with an airy, open-concept floor plan w/attached brand-new gourmet kitchen. The kitchen is custom-designed with premium flush-front cabinetry, integrated stainless appliances, and strikingly beautiful Grand Marfil quartz countertops curated for the discerning chef. Situated in one of Silicon Valley's most coveted zip codes, this home puts the best of the Peninsula right at your doorstep. Start your mornings at nearby favorites like Philz Coffee, Peet's or Blue Bottle. Later explore the vibrant dining scene on University Avenue or indulge in retail at the Stanford Shopping Center, featuring luxury brands. Ideal for professionals and academics alike, you are perfectly positioned near Stanford University, leading healthcare centers, and major tech campuses including Nvidia, Meta, and Google. Exceptional transit links via Caltrain and Highway 101 make traveling across the Bay effortless. Enjoy close proximity to highly acclaimed local schools, including Addison, Greene, and Paly (buyer to verify).

528 Everett Avenue Unit F, Palo Alto

Listing courtesy of Dana McCue from Compass. 650-248-3950

$1,628,000

2 Beds ⋅ 2 Baths ⋅ ML82062724 MLS

Welcome to iconic California living! Situated in the sought-after Meadowcreek community in the absolute prime position within the complex, this light-filled 2-bedroom, 2-bathroom residence offers the rare privacy and character of a single-family home with the easy-care convenience of a townhome. Classic details including vaulted wood ceilings, and a grand wall of glass that floods the living space with natural light; finished with brand-new flooring, fresh interior paint throughout, and beautifully updated full bathrooms. Enjoy rare seamless indoor-outdoor living with a private front courtyard and a secluded backyard garden; effortless daily living with your dedicated assigned parking space right at your front door, along with your covered carport parking spot located just steps away. Whether you are bringing in groceries, commuting daily, or stepping out on a rainy day, youll love the seamless indoor-outdoor flow and direct accessibility. Easily the most convenient and desirable unit in the entire community! Minutes to community parks, Stanford University, major tech hubs, dining, and main commute routes.

155 Greenmeadow Way, Palo Alto

Listing courtesy of Judy Shen from Coldwell Banker Realty. 650-380-8888

$1,588,000

2 Beds ⋅ 2 Baths ⋅ ML82061776 MLS

Stylish and sophisticated downtown Palo Alto inside corner condo unit blending contemporary comfort with distinctive architectural character. Newly refinished oak hardwood floors flow through the open living and dining areas, highlighted by abundant natural light and a wood-burning fireplace with a seamless marble slab surround. The open kitchen features custom rich dark-wood cabinetry, premium stone countertops, stainless steel appliances, a unique bronze-tinted glass backsplash, and a generous peninsula ideal for cooking and entertaining. Custom built-in buffet cabinetry enhances the dining area. Spacious bedrooms offer hardwood floors, ample closest spaces, and newly installed Mitsubishi mini-split individual climate control; the primary suite includes a built-in workspace and sliding doors open to a private patio. Spa-inspired baths feature floor-to-ceiling natural stone tile, heated floors, frameless glass enclosures, Grohe thermostatic fixtures, a soaking tub, sculptural black vessel sinks and designer VOLA wall-mounted faucets. Hunter Douglas Silhouette shades, five closets, and full-size side-by-side laundry, two underground parking spots with a storage closet complete the home. Prime downtown location near Whole Foods, Caltrain, PAMF, restaurants, cafes and shops.

165 Forest Avenue Unit 2C, Palo Alto

Listing courtesy of Delia Fei from Compass. 650-269-3422

496 W Charleston Road Unit #302, Palo Alto

$1,485,000

3 Beds ⋅ 2 Baths ⋅ ML82051343 MLS

Beautifully remodeled and move-in ready, this light-filled top-floor, penthouse-level 3-bedroom, 2-bath condo offers easy single-level living in desirable Palo Alto. With only two units on this floor and no shared walls, it delivers exceptional privacy in a quiet, secure building. The flat, spacious layout features a generous primary bedroom with walk-in closet, in-unit laundry, and storage that is rare in condo living. Two dedicated garage spaces connect directly to the unit by elevator, and a large private veranda across the hall feels like your own outdoor retreat ideal for entertaining or unwinding. Ideally located minutes from Stanford University and major Silicon Valley employers including Google, Apple, and Meta, with quick freeway access, walkable or bikeable shopping and dining, and Palo Alto Unified schools including Juana Briones Elementary, Ellen Fletcher Middle, and Henry M. Gunn High. A rare top-floor offering in one of the Peninsula's most sought-after cities.

496 W Charleston Road Unit #302, Palo Alto

Listing courtesy of Moe Nasser from Compass. 408-579-9226

3281 Berryessa Street Unit #3, Palo Alto

$1,328,000

3 Beds ⋅ 2 Baths ⋅ ML82061127 MLS

A rare opportunity to own a beautifully remodeled 3-bedroom, 2-bath townhouse in Palo Alto for around $1.5M! Move-in ready, this bright home combines a prime Bay Area location, highly sought-after Palo Alto schools, and exceptional value. The open interior features high ceilings, abundant natural light, all-new waterproof SPC flooring, and fresh paint. The updated open kitchen showcases new custom white cabinetry, quartz countertops, and stainless steel appliances, flowing seamlessly into the living and dining areas. A private balcony offers inviting outdoor space. Both bathrooms feature new vanities, mirrors, lighting, full-height tile surrounds, and updated tub/shower finishes. The upper-level primary suite offers a walk-in closet and dual vanities. An additional bedroom and full bath on the kitchen level provide flexibility for guests or a home office. Highlights include central A/C, an attached 2-car garage, and a low HOA fee including water, exterior and common-area maintenance. Ideally located near top-rated PAUSD schoolsPalo Verde Elementary, JLS Middle, and Palo Alto Highplus parks, shopping, major tech employers, and commute routes. At $1,528,000, this is an exceptional opportunity to enjoy the Palo Alto lifestyle, schools, and prime location at an outstanding value.

3281 Berryessa Street Unit #3, Palo Alto

Listing courtesy of Gary (gang) Liu from Coldwell Banker Realty. 408-569-0363

$1,798,000

3 Beds ⋅ 3 Baths ⋅ ML82059134 MLS

PRIVATE CORNER TOWNHOME IN DESIRABLE ROSEWALK | Enjoy the spacious feel of a single-family home with the ease of townhome living in this beautifully updated Palo Alto residence. With only one adjacent neighbor, this private corner unit features a light-filled multi-level floor plan, hardwood floors, fresh interior paint, oversized windows, and a dramatic vaulted-ceiling living room opening to a serene patio. The remodeled kitchen showcases quartz countertops, white cabinetry, stainless steel appliances, and a generous peninsula adjoining the family room. The primary retreat features a vaulted ceiling and private balcony. Additional highlights include multiple outdoor spaces, dedicated laundry, an attached 2-car garage and spacious storage. Rosewalk offers landscaped grounds plus a newly updated pool and spa. Outstanding South Palo Alto location near San Antonio Village, Mitchell Park, Cubberley, shopping, dining, and convenient commute routes.

444 San Antonio Road Unit 2D, Palo Alto

Listing courtesy of Julie Tsai Law from Compass. 650-799-8888

$998,000

2 Beds ⋅ 2 Baths ⋅ ML82057919 MLS

Welcome home to this beautifully updated, light and bright one-level, second floor condominium with elevator access and gated entry. In addition to the approx 1119 SF of interior space,this unit has two great outdoor spaces for fresh-air living: a large covered and fully fenced front patio (136SF),plus sunny balcony (140SF) with views of trees and distant western hills.Spacious living and dining room combination with a glass enclosed wood burning fireplace,recessed lighting; updated kitchen with stainless steel appliances,cherry-hued cabinetry,granite countertop with full-height backsplash; primary bedroom suite and second bedroom have walls of closets, two beautifully upgraded bathrooms,in-unit full size washer and dryer.Wonderfully private location in complex;gated access to courtyard,underground assigned parking space,and storage.Complex amenities include: Multiple EV charging stations (coming soon),gym,a complex laundry room,and beautifully landscaped courtyards. HOA covers water and garbage utilities. Convenient Location: Close to Stanford. Within 1.5 miles to San Antonio Center,Cal Ave. shops and restaurants.Excellent Briones ES,Fletcher MS,Gunn HS. Buyer to verify.

4157 El Camino Way Unit E, Palo Alto

Listing courtesy of Supriya Gavande from Compass. 650-556-3890

670 San Antonio Road Unit #28, Palo Alto

$1,598,000

3 Beds ⋅ 3 Baths ⋅ ML82060849 MLS

A rare find in Palo Alto, this turn-key duet townhouse with a large backyard offers the comfort and feel of a single-family home in an exceptional location. Quietly tucked away at the back of the complex, this home enjoys one of the best and most private settings in the community. Featuring 3 bedrooms and 2.5 bathrooms across approximately 1,382 sq ft of living space, the home shares only the north wall with a neighboring unit and is filled with abundant natural light from three sides. High ceilings, bright interiors, and the expansive backyard create a spacious, airy atmosphere rarely found in townhouse living. The home has been tastefully upgraded and is truly move-in ready. The kitchen is appointed with quartz countertops and stainless steel appliances, while the primary suite boasts a high ceiling, modern en-suite bath, and walk-in closet. The two additional bedrooms also feature high ceilings, enhancing the sense of openness throughout. Well-maintained HOA covering the roof, common area maintenance, earthquake insurance, and paved driveways. Prime location just minutes to Google, Meta, and major tech campuses, with easy access to Highway 101 and Central Express. Served by top-rated schools, including Los Altos High.

670 San Antonio Road Unit #28, Palo Alto

Listing courtesy of Lin Ning from Compass. 650-665-9699

$998,000

1 Beds ⋅ 1 Baths ⋅ ML82060780 MLS

Mid century modern feel with effortless indoor outdoor living come together at 131 Greenmeadow Way in Palo Alto's Meadowcreek community featuring one-level townhome style living. Warm wood paneled ceilings, exposed beams and hardwood floors bring architectural character throughout the open living and dining spaces, while expansive windows and glass doors fill the home with natural light. The kitchen opens to the dining and living areas, creating an easy flow for everyday living and entertaining. A distinctive fireplace anchors the living room, with walls of glass opening directly to a private patio and garden for a seamless connection outdoors. Signature sliding doors, including moving wall which allows you to define the spaces in the way most fitting your lifestyle. The community pool adds another inviting space to relax and enjoy the California lifestyle. Ideally located near parks, Caltrain, Stanford, Stanford Shopping Center and Downtown Palo Alto, with convenient access to El Camino Real and Highway 101 and connections to Mountain View, Los Altos and destinations throughout the Peninsula. Enjoy being just moments from popular Mitchell and Ramos Parks, Charleston Shopping Center, and all things Silicon Valley.

131 Greenmeadow Way, Palo Alto

Listing courtesy of Brett Caviness from Compass. 650-288-3073

$1,998,000

3 Beds ⋅ 2 Baths ⋅ ML82059599 MLS

Tucked at the end of a quiet court and screened from the street by mature trees, 146 Hemlock Court is part of a small, architecturally distinctive enclave of townhomes that feels worlds away from the everyday Palo Alto streetscape. Step inside and the architecture announces itself immediately. The great room soars to a dramatic vaulted ceiling finished in warm tongue-and-groove wood, framed by exposed beams and washed in natural light from a skylight overhead. The primary suite is located on the main level, complete with a walk-in closet and en-suite bath, large glass slider doors with automated window treatments open to the expansive yard, a rare, single-story-living configuration inside a townhome. Upstairs, two additional bedrooms are joined by a versatile loft/study area open to the great room below, offering flexible space for a home office, reading nook, or play area, plus a second full bath and laundry. Outside, the private backyard is a genuine retreat, fully fenced and screened by mature fruit trees, flagstone pathways, and layered garden plantings that create a lush escape. Additional highlights include an attached two-car garage, central air conditioning. Zoned for Fairmeadow, JLS, and Gunn. Privacy and architecture rarely found at this price point in Palo Alto.

146 Hemlock Court, Palo Alto

Listing courtesy of from Intero Real Estate Services. 650-430-7000

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