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The Midpeninsula is known for some of Silicon Valley’s most distinctive real estate — from family wineries and historic estates to sleek modern retreats tucked into the hills. Most stand out for their design, history or eye-popping price tags.
This week, we’re flipping the script. Instead of vineyards, home theaters or wine cellars, we’re spotlighting a true rarity on the Peninsula: properties priced at $1 million or less. There are few options at that level — or none at all in some towns and cities.
We take a look at six Midpeninsula listings at or under $1 million to see what that budget actually buys in Palo Alto, Los Altos, Redwood City, Mountain View and East Palo Alto.
Mountain View
Double-wide mobile home near Castro Street
List price: $265,000
This 7-year-old, move-in-ready double-wide mobile home in Mountain View features a 995-square-foot layout with large windows, two bedrooms and two full baths. An open-concept kitchen with quartz countertops anchors the combined family room and dining areas. Additional highlights include a laundry area with washer and dryer, ceiling fans and a walk-in closet in the primary bedroom. The home is on a corner lot in Moffett Mobile Home Park, located walking distance from downtown, Caltrain and light rail.
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Menlo Park
One-bedroom condo with fireplace, deck
List price: $888,888
Built in 1965, this 821-square-foot, one-bedroom, one-bath condo in Menlo Park has been updated with designer finishes throughout. The home features an open floor plan with room to entertain and a large bedroom with space for a built-in desk area. Other features include a fireplace, a breakfast bar for more casual meals, marble tile in the bathroom and a 200-square-foot deck that overlooks lush gardens. The property includes a community pool, spa, fitness center, library and extra storage. The home is just one block from Burgess Park.
Palo Alto
Turn-key condo with balcony off Cal Ave.
List price: $998,888
This updated, move-in ready condo offers 1,247 square feet in the heart of Palo Alto’s Cal Ave neighborhood. The two-bedroom, two-bath home features new flooring, fresh interior paint, recessed lighting, updated fixtures and new quartz countertops and sinks throughout. The home includes two bedrooms connected by a Jack-and-Jill bathroom, a Miele washer and dryer and a private balcony that overlooks a landscaped courtyard. Community amenities include a pool, hot tub, garden areas, bike racks, storage and gated parking. The complex is just steps off California Avenue and Caltrain.
East Palo Alto
Single-family home on spacious lot
List price: $999,000
Built in 1982, this freshly painted four-bedroom, two-bathroom ranch-style home in East Palo Alto offers 1,490 square feet living space set on a 5,631-square-foot lot with a roomy driveway and space for a garden, patio or potential home expansion. The home features brand-new wood flooring throughout. “The generous lot size presents ample renovation potential … The possibilities are wide open. Whether you’re looking to move in as-is or transform it into your dream home, this property gives you the space and location to create something special,” according to the sales listing.
Redwood City
.34-acre vacant lot
List price: $999,000
Dotted with oaks and redwoods off Portola Road near the border of Portola Valley, this 0.34-acre parcel in Redwood City offers a rare blank slate for building a custom home amid a wooded setting. The listing notes the property is priced to sell and presents a unique opportunity to expand: an adjacent 3.7-acre parcel is also available for $2.5 million, allowing buyers to assemble a significantly larger estate if desired. Prospective buyers should be aware that construction will require completing the site studies, reports and permitting process mandated by the town of Woodside before building can begin.
Los Altos
Condo with walk-in closet, fenced patio
List price: $999,999
Built in 1972, this 960-square-foot turnkey condominium in Los Altos features two bedrooms, two baths and an open-concept kitchen outfitted with granite countertops, solid cherrywood cabinetry, a side-by-side refrigerator and a double oven with convection, microwave and warming drawer. The primary bedroom suite includes a walk-in closet and a double-sink vanity with granite counters and custom solid-wood cabinetry. Additional highlights include a fenced patio, full-size washer and dryer, double-paned windows, a designated storage closet, a covered carport and extra private parking.
Facing budget crunch, Mountain View Whisman offers teachers $1K to give early exit noticeDecember 30, 2025 8:00 am
