1031 Amarillo AV
Palo Alto, CA, 94303
$3,488,000
4 Beds
2 Baths
1,736 SqFt
0.24 Acres
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No supra box until 12/2. Please schedule showings after 12/2. Opportunity abounds on this more than 10,000-square-foot lot in sought-after Midtown. Residential single-family R1 zoning. Excellent Palo Alto schools. Two well-maintained existing cottages, each with its own address, private yard, and garage, create immediate options – continue with two separate rentals, live in one and rent the other, or plan entirely new construction with a luxury home and ADU. Opportunity to build for personal use or investment. A crisp white palette, updated kitchens, inside laundry, and classic charm enhance the existing cottages, making them desirable for rental income or personal use today. The location is superb just down the street from dog-friendly Greer Park, one block from acclaimed Ohlone Elementary School, and minutes to Highway 101 for easy access to all of Silicon Valley. This rare blend of space, versatility, and prime location makes this offering an exceptional opportunity for investment or future development.

Property Details

Price:
$3,488,000
MLS #:
ML82026490
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699
Listed Date:
Nov 1, 2025
Finished Sq Ft:
1,736
Lot Size:
10,661 sqft / 0.24 acres (approx)
Year Built:
1947
699Palo Alto UnifiedOtherOtherPalo Alto

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Schools

School District:
Palo Alto Unified
Elementary School:
Other
Middle School:
Other
High School:
Palo Alto

Interior

Appliances
DW, RF
Bathrooms
2 Full Bathrooms
Cooling
NO
Flooring
TILE, WOOD, CARP
Heating
WL

Exterior

Parking Spots
2
Roof
SHN

Financial

Map

Community

Subdivisions in Palo Alto

Market Summary

Current real estate data for Single Family in Palo Alto as of Nov 29, 2025
49
Single Family Listed
125
Avg DOM
1,708
Avg $ / SqFt
$5,048,073
Avg List Price

Property Summary

    1031 Amarillo AV Palo Alto CA is a Single Family for sale in Palo Alto, CA, 94303. It is listed for $3,488,000 and features 4 beds, 2 baths, and has approximately 1,736 square feet of living space, and was originally constructed in 1947. The current price per square foot is $2,009. The average price per square foot for Single Family listings in Palo Alto is $1,708. The average listing price for Single Family in Palo Alto is $5,048,073.

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