$3,750,000

Single Family Residence In Palo Alto

  • 1 Beds
  • 1 Baths
  • 1,020 Sqft
  • 7,149 Sqft lot
  • Updated: August 29
  • Source:
    bridgeMLS  MLS#ML82059476

About the Property

RARE DOWNTOWN NORTH DEVELOPMENT OPPORTUNITY | Exceptional 7,150 SF site just 3 blocks from University Ave and Downtown Palo Alto Caltrain offers multiple paths to create significant value. City-approved architectural plans envision an approx. 4,365 SF modern 3-level luxury residence with 4BD/3.5BA + attached JADU, expansive entertaining spaces, basement great room, wine room and indoor/outdoor liv
RARE DOWNTOWN NORTH DEVELOPMENT OPPORTUNITY | Exceptional 7,150 SF site just 3 blocks from University Ave and Downtown Palo Alto Caltrain offers multiple paths to create significant value. City-approved architectural plans envision an approx. 4,365 SF modern 3-level luxury residence with 4BD/3.5BA + attached JADU, expansive entertaining spaces, basement great room, wine room and indoor/outdoor living. The property’s exceptional proximity to Caltrain may also provide compelling potential for higher-density transit-oriented residential development under evolving state and local regulations. Rare opportunity for an end-user, builder, developer or investor near Downtown Palo Alto, Stanford and major Silicon Valley employment centers. Existing improvements convey as-is. Buyer to independently verify current zoning, density, unit count, parking, SB 79/AB 2097 applicability and all development standards with the City of Palo Alto.
  • Property type

    House

  • Floors

    1

  • Year built

    1923

  • Price/sqft

    $3,676

Features

  • Garage
  • Fireplace
  • Stone Countertops

Explore the Area

246 Palo Alto Avenue, California, United States View on Google Maps
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Compass

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Compass
California, United States
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32
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2025
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Compass
California, United States
View agency profile
Last updated
August 29
First listed
Aug 29
Listing reference
ML82059476
Listing status
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