In a bustling real estate market, one property has stood out among the rest – the spacious unit in the 700 block of Matadero Avenue in Palo Alto. Its recent sale on Nov. 24, 2025, for a staggering $4,000,000, breaking down to a price per square foot of $1,661, has caught the attention of both buyers and sellers alike. This impressive sale not only highlights the demand for properties in the Palo Alto area, but it also showcases the unique features of this unit that make it a highly sought-after piece of real estate.
Located in the heart of Palo Alto, the unit in the 700 block of Matadero Avenue offers a modern and luxurious living experience. From the moment you step inside, you are greeted with a feeling of spaciousness and elegance. With a total of 2,408 square feet, this unit offers ample space for all your needs. The open floor plan and large windows allow for natural light to flood in, creating a warm and inviting atmosphere.
The unit boasts three bedrooms and three and a half bathrooms, making it perfect for families or those who enjoy having guests over. Each bedroom is thoughtfully designed, with attention to detail and functionality. The master bedroom is a true sanctuary, with a walk-in closet and an en-suite bathroom that features a luxurious soaking tub and a separate shower. The other two bedrooms also have their own en-suite bathrooms, offering convenience and privacy for everyone living in the unit.
One of the standout features of this unit is the state-of-the-art kitchen. Equipped with top-of-the-line appliances and sleek countertops, this kitchen is a chef’s dream come true. Not to mention, the spacious island provides plenty of room for meal preparations and doubles as a breakfast bar for quick and casual meals. For those who love to entertain, the kitchen seamlessly flows into the living and dining areas, creating a perfect space for hosting get-togethers.
But the appeal of this unit doesn’t end there. It also offers a private balcony, perfect for enjoying a cup of coffee in the morning or unwinding after a long day. The balcony overlooks the vibrant neighborhood, providing a picturesque view that is hard to come by. Additionally, the unit comes with two designated parking spaces, providing convenience for residents and their guests.
It’s no surprise that this unit has been sold for a remarkable $4,000,000, breaking down to a price per square foot of $1,661. Properties in Palo Alto are highly sought after, and this unit offers everything a discerning buyer could ask for – location, size, and luxury. Its prime location in one of the most desirable neighborhoods in Palo Alto, combined with its modern design and spaciousness, has made it a dream home for many.
The sale of this unit not only showcases the demand for properties in the Palo Alto area but also speaks to the confidence buyers have in the real estate market. Palo Alto has always been known to offer a high quality of life, with its close proximity to major tech companies and highly-rated schools. As the city continues to thrive and attract more people, the value of properties will only continue to rise, making this purchase a sound investment.
In conclusion, the sale of the spacious unit in the 700 block of Matadero Avenue in Palo Alto is a testament to the desirability and potential of properties in this area. Its impressive sale price of $4,000,000 not only reflects the value of the property but also the confidence and demand in the Palo Alto real estate market. This unit truly offers the best of both worlds – a luxurious and modern living space, combined with the comfort and convenience of prime location.
