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Open House Times
- Sun. Aug. 30 at 2:00pm to 4:30pm
About the Listing ML37689 - ML302581
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.
Listing Highlights
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances: Refrigerator
- Air Cond:
- Heating:
- Fireplaces: Wood Burning
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 1 car
- Parking Spaces: 1
- Zoning: R1
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 12024033
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
246 Palo Alto Ave Palo Alto, CA 94301
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