This is an exceptional opportunity in the sought-after Midtown neighborhood a 1.08-acre parcel offering immense redevelopment potential. Potentially requiring rezoning for Planned Community residential, this rare opportunity would transform this parcel. Currently configured with 8 tenant-occupied cottages, this property also presents subdivision possibilities, opening doors for a visionary development. Positioned in the heart of this highly sought-after area, the centrally located site offers close proximity to Stanford University, tech hubs, local parks and shops, plus acclaimed Palo Alto schools. It is an outstanding prospect for investors or developers who seek to capitalize on a rare chance to transform prime real estate in a coveted Silicon Valley location.
Property Details
Price:
$10,000,000
MLS #:
ML81992737
Status:
Active Under Contract
Baths:
0
Type:
Land
Neighborhood:
699notdefined
Listed Date:
Feb 4, 2025
Lot Size:
47,340 sqft / 1.09 acres (approx)
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Interior
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Community
- Address578 Oregon Avenue 13201070 Palo Alto CA
- Neighborhood699 – Not Defined
- CityPalo Alto
- CountySanta Clara
- Zip Code94301
Subdivisions in Palo Alto
Market Summary
Property Summary
- 578 Oregon Avenue 13201070 Palo Alto CA is a Land for sale in Palo Alto, CA, 94301. It is listed for $10,000,000 and features 1 acres.
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