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Kevin Kieffer

kevin@eastbaypro.com +1(925) 300-8000

Listed by Compass

$ 3,750,000

Est. payment | -/mo

1 Bed

1 Bath

1,020 SqFt

Save

$ 3,750,000

Est. payment | -/mo

Save

1 Bed

1 Bath

1,020 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,020 sqft

Price per Sqft $3,676

MLS Listing ID ML82059476

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1923

Lot Size 7,150 Sqft

Property Sub-Type Detached

Source Datashare MLSListings

Property Description

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.

Location

State CA

County Santa Clara

Interior

Heating Other

Cooling None

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Exterior

Garage Spaces 1.0

Private Pool false

Building

Story 1

Water Public

Schools

School District Palo Alto Unified, Palo Alto Unified

"We would love to put our experience and successful track record to work for you. Top 1% in California" Kevin & Naomi Kieffer Compass Homes@EastBayPro.com or M. 925-300-8000"

+1(925) 300-8000

kevin@eastbaypro.com

1646 N California Blvd, Walnut Creek, CA 94596, USA

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246 Palo Alto Avenue Palo Alto, CA 94301