858-525-5007

246 Palo Alto, Palo Alto CA 94301 | $3,750,000

  • 1 bedrooms
  • 1 bathrooms
  • 1,020 Sq Ft
  • 7150 Lot Sq Ft
  • Type: Single Family Residence
  • Stories: 1
  • Year Built: 1923
  • MLS#: ML82059476
  • Community: 699 - Not Defined

Listing provided courtesy of Julie Tsai Law of Compass. Last updated 2026-08-29 08:17:18.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.16 Acres
1 Story

David Piper​

Call or Text: 858-525-5007

DRE# 02021985