Unique opportunity to purchase a deep 10,000+ SqFt lot in Palo Alto. Residential single family / detached. Nestled along a peaceful street! Build your dream luxury home and ADU. Transform the expansive back yard into your very own oasis. No significant or heritage trees. Walking distance to Greer Park, minutes from Midtown & Town and Country Shopping Center. Two blocks from sought-after elementary choice programs including Mandarin immersion at Ohlone school (check with Palo Alto district for admission requirements.) Currently includes 2 charming, well-maintained, cottages with spacious individual private yards: one 2-bedroom/1-bath and one 1-bedroom/1- bath. Including 1037 & 1035 and both homes feature hardwood floors, tiled kitchens and bathrooms, inside laundry rooms, updated galley kitchens with quartz counter tops, gas range and dishwasher. Desirable location for renters to generate income as investment or during development planning phase. Convenient to Caltrain, Stanford, 101, commute routes & leading tech campuses such as Apple, Google and Meta. Award-winning Palo Alto schools. Buyers should research ADU and Common Interest regulations to maximize profit. Don’t miss this exceptional property in a desirable location, with potential galore!
Property Details
Price:
$3,650,000
MLS #:
ML82014527
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Jul 14, 2025
Finished Sq Ft:
1,540
Lot Size:
10,113 sqft / 0.23 acres (approx)
Year Built:
1947
See this Listing
Schools
School District:
Palo Alto Unified
Elementary School:
Other
Middle School:
Other
High School:
Palo Alto
Interior
Appliances
Dishwasher, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
None
Flooring
Carpet, Wood, Tile
Heating
Wall Furnace
Exterior
Parking Spots
3.00
Roof
Shingle
Financial
Map
Community
- Address1037 Amarillo Avenue Palo Alto CA
- Neighborhood699 – Not Defined
- CityPalo Alto
- CountySanta Clara
- Zip Code94303
Subdivisions in Palo Alto
Market Summary
Current real estate data for Single Family in Palo Alto as of Oct 21, 2025
53
Single Family Listed
222
Avg DOM
1,959
Avg $ / SqFt
$6,394,853
Avg List Price
Property Summary
- 1037 Amarillo Avenue Palo Alto CA is a Single Family for sale in Palo Alto, CA, 94303. It is listed for $3,650,000 and features 3 beds, 2 baths, and has approximately 1,540 square feet of living space, and was originally constructed in 1947. The current price per square foot is $2,370. The average price per square foot for Single Family listings in Palo Alto is $1,959. The average listing price for Single Family in Palo Alto is $6,394,853.
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