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Sold for $2,880,000
  • $2,880,000

    203 Margarita Ave, Palo Alto, CA 94306

    2beds
    1,027sqft
    Single Family Residence
    Built in 1949
    6,016 Square Feet Lot
    $2,600,200 Zestimate®
    $2,804/sqft
    $5,658 Estimated rent

    Home value

    $2,600,200

    $2.29M - $2.89M

    $5,658/mo

    Zestimate® history
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    What's special

    Mature fruit treesSleek linear electric fireplaceAdded frontagePrivate low maintenance yardExceptional natural lightWhite oak cabinetryBrass hardware
    Beautifully reimagined from top to bottom, this move in ready 2 bedroom, 2 bath home blends warm modern design with the flexibility of a rare 6,016 square foot corner lot in the heart of Palo Alto's premier Ventura neighborhood. Step inside to a bright, open living and dining area complimented by a sleek linear electric fireplace, with wide plank luxury vinyl flooring and exposed beam ceilings that add warmth and character. The all new kitchen is ready for many home cooked meals, featuring white oak cabinetry, quartz counters, and stainless steel appliances with a gas range, made for everyday living and entertaining. Both bedrooms are bright and generous, and the two spa style bathrooms are finished to the same high standard, with glass walk-in showers, fluted oak vanities, brass hardware, and backlit mirrors. Ductless mini split systems, recessed lighting, and a crisp contemporary palette carry the quality through every room. Outside, a fresh exterior with an attached garage gives way to a private, low maintenance yard with mature fruit trees, a paver patio, and plenty of space to gather and unwind. And because this is a corner lot with two street exposures, you get added frontage, exceptional natural light, and the flexibility to enjoy it as is, expand, or build your dream home on your own timeline down the road. Zoned for top rated Palo Alto Unified schools including Barron Park Elementary, Fletcher Middle, and Henry M. Gunn High (buyer to verify), and just moments from Stanford, Caltrain, El Camino Real, and the best of Silicon Valley dining, shopping, and commute routes. Turnkey today, with room to grow tomorrow. Corner lots of this caliber, finished to this level, rarely come available.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Tran DRE #01926337 510-735-5367,

    Fifty Hills Real Estate 415-841-3886

    Bought with:

    Boyu Hu, DRE #01922524

    BQ Realty

    Source: SFAR,MLS#: 426136840MLS LogoOriginating MLS: San Francisco Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 1
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 2
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 3
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 4
    • Area: 0
    • Dimensions: 0 x 0
    Primary bathroom
    • Features: Shower Stall(s), Tile
    Bathroom
    • Features: Shower Stall(s)
    Dining room
    • Features: Dining/Family Combo
    • Level: Main
    • Area: 0
    • Dimensions: 0 x 0
    Family room
    • Level: Main
    • Area: 0
    • Dimensions: 0 x 0
    Kitchen
    • Features: Quartz Counter
    • Level: Main
    • Area: 0
    • Dimensions: 0 x 0
    Living room
    • Level: Main
    • Area: 0
    • Dimensions: 0 x 0
    Heating
    • Other
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Free-Standing Gas Oven, Free-Standing Refrigerator, Gas Plumbed, Gas Water Heater
    • Laundry: Hookups Only
    Features
    • Flooring: Luxury Vinyl Plank, Tile
    • Windows: Double Pane Windows
    • Number of fireplaces: 1
    • Fireplace features: Electric, Insert, Living Room
    Interior area
    • Total structure area: 1,027
    • Total interior livable area: 1,027 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Attached, Independent, On Site (Single Family Only)
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Uncovered Deck, Uncovered Patio
    • Fencing: Fenced
    Lot
    • Size: 6,016 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 13234021
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Palo Alto
    • Elevation: 0

    Financial & listing details

    • Price per square foot: $2,804/sqft
    • Tax assessed value: $55,541
    • Date on market: 8/6/2026
    • Cumulative days on market: 12 days
    • Total actual rent: 0
    • Road surface type: Paved Sidewalk

    Price history

    DateEventPrice
    8/24/2026Sold$2,880,000+20.6%$2,804/sqft
    Source: SFAR #426136840 Report a problem
    8/19/2026Pending sale$2,388,000$2,325/sqft
    Source: SFAR #426136840 Report a problem
    8/6/2026Listed for sale$2,388,000+21.2%$2,325/sqft
    Source: SFAR #426136840 Report a problem
    5/7/2026Sold$1,970,000$1,918/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $55,541 +2%
    2025$1,693 +2.9%$54,453 +2%
    2024$1,645 +1.8%$53,387 +2%
    2023$1,617 +1.8%$52,341 +2%
    2022$1,589 +2.1%$51,316 +2%
    2021$1,556 +0.9%$50,310 +1%
    2020$1,542 $49,795 +2%
    2019$1,542 +2.9%$48,819 +2%
    2018$1,499 $47,863 +2%
    2017$1,499 +1.9%$46,926 +2%
    2016$1,471 +4.7%$46,007 +1.5%
    2015$1,405 +10%$45,317 +2%
    2014$1,278 $44,430 +0.5%
    2013-- $44,230 +2%
    2012-- $43,364 +2%
    2011-- $42,514 +0.8%
    2010-- $42,197 -0.2%
    2009-- $42,298 +2%
    2008-- $41,470 +2%
    2007-- $40,658 +2%
    2006-- $39,862 +2%
    2005-- $39,081 +2%
    2004-- $38,316 +1.9%
    2003-- $37,615 +2%
    2002-- $36,879 +2%
    2001-- $36,157
    Find assessor info on the county website

    Neighborhood: Ventura

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Palo Alto Unified

    Source: SFAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $2,600,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,600,200