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ActiveTownhouse

$1,628,000

155 Greenmeadow Way, Palo Alto 94306

Beds2
Baths2
Sqft1,030
DOM26
No Photos Available

AddressIntel AI Briefing

This townhome is priced above comparable market sales, suggesting a challenging entry point for immediate resale profits. Investors should evaluate it as a long-term hold, relying on premium Palo Alto rental yields to offset the high acquisition basis. No bulk purchasing advantage is present as only one unit is currently offered in the building.

Property Permit History

DateProject TypeStatusValuationContractor
2016-01-29Finaled$20,000NEW CITIES CONSTRUCTION

Recent Neighborhood Remodeling (Palo Alto)

2026-10-21 • 882 EMERSON ST, STE C, PALO ALTO CA 94301
Project - Building Permit
--In Plan Check
2026-10-21 • 317 SHASTA DR, PALO ALTO CA 94306
Revision-Building Permit
--In Plan Check
2026-10-21 • 409 SHERMAN AV, PALO ALTO CA 94306
Project - Building Permit
--In Plan Check
2026-10-21 • 1590 MADRONO AV, PALO ALTO CA 94306
Building Addressing
--Under Review
2026-10-21 • 246 VENTURA AV, PALO ALTO CA 94306
Heat Pump Space Conditioning Systems: New, retrofit, or replacement of space conditioning system (heat pump, furnace/air handler) and associated ductwork (detached single-family, duplex, and ADUs)
--Pending
2026-10-21 • 829 WAVERLEY ST, PALO ALTO CA 94301
Revision-Building Permit
--In Plan Check

Parcel & Zoning Info

APN14756013
Official Lot Sqft1,742
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score0/100
Price / Sqft$1,581 vs $1,028 mkt
Price vs Market+53.8% Above market
Est. Rent$5,653/mo

Price positioning vs. 115 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Herbert Hoover Elementary

Palo Alto Unified

0.4 miles away
Middle School

Jane Lathrop Stanford Middle

Palo Alto Unified

0.5 miles away
High School

Henry M. Gunn High

Palo Alto Unified

1.4 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

71/100

Based on recent sales velocity and local demand in 94306.

Flippability Score

35/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

57%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 12 recent townhome sales in Palo Alto (94306): $1,204/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,500 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$825,000
New Build1,500 sqft
Total Capital Required$2,628,000
Estimated Resale (ARV)$1,896,000
Cost of Sale (5%)-$94,800
Carry (33mo @ 7%)-$409,640
Net Proceeds$1,391,560

Projected Profit

-$1,236,440
-47.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Palo Alto 94306)

Sized to the modelled 1,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

109 Koa Ct

Sold
$2,600,000
Sold: 2026-10-19
Lot: -
Sqft: 1751
$/Sqft: $1,485

4173 El Camino Real Apt 17

Sold
$1,413,888
Sold: 2026-10-08
Lot: 1,160
Sqft: 1375
$/Sqft: $1,028

101 Acacia Ln

Sold
$2,670,000
Sold: 2026-07-16
Lot: -
Sqft: 1735
$/Sqft: $1,539

4173 El Camino Real Apt 9

Sold
$1,450,000
Sold: 2026-07-08
Lot: -
Sqft: 1375
$/Sqft: $1,055

103 Koa Ct

Sold
$2,090,000
Sold: 2026-06-23
Lot: -
Sqft: 1548
$/Sqft: $1,350

444 San Antonio Rd Apt 2C

Sold
$1,500,000
Sold: 2026-06-16
Lot: 2,521
Sqft: 1556
$/Sqft: $964

108 Koa Ct

Sold
$2,600,000
Sold: 2026-05-19
Lot: -
Sqft: 1751
$/Sqft: $1,485

444 San Antonio Rd Apt 1A

Sold
$1,800,000
Sold: 2026-04-07
Lot: 2,521
Sqft: 1826
$/Sqft: $986

444 San Antonio Rd Apt 7A

Sold
$2,100,000
Sold: 2026-03-30
Lot: 2,521
Sqft: 1826
$/Sqft: $1,150

430 Jacobs Ct

Sold
$2,100,000
Sold: 2026-03-27
Lot: -
Sqft: 1439
$/Sqft: $1,459

444 San Antonio Rd Apt 12B

Sold
$1,651,000
Sold: 2026-02-18
Lot: -
Sqft: 1556
$/Sqft: $1,061

670 San Antonio Rd Apt 26

Sold
$1,737,000
Sold: 2026-02-17
Lot: -
Sqft: 1380
$/Sqft: $1,259