640 Waverley St

Palo Alto, CA 94301
  • $12,500,000

    Price
  • 7

    Bed
  • 7

    Bath
  • 10,603

    SqFt
  • 0.12

    Acre

About the Listing ML5099696 - ML5108420

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

Listing Highlights for 640 Waverley St

Status Active
Days on Site 67
Property Type Residential
MLS ® ML82057145
Year Built 2026
Total Square Footage 10,603
Lot/Acreage 0.12

Interior Details

  • Bedrooms: 7
  • Bathrooms: 6 Full / 1 Half
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 7 car
  • Parking Spaces: 0
  • Zoning: CDC
  • Roof: Other
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 12016023000
  • Tax Year: N/A

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640 Waverley St Palo Alto, CA 94301

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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