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
Address:
578 Oregon Avenue 13201070
Type:
Land
Neighborhood:
699notdefined
City:
Palo Alto
Listed Date:
Feb 4, 2025
State:
CA
ZIP:
94301
Lot Size:
47,340 sqft / 1.09 acres (approx)
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Schools
Interior
Exterior
Electric
Electricity Available
Fencing
Wood
Lot Features
Level
Sewer
Public Sewer
Water Source
Public
Financial
Utilities
Electricity Available, Natural Gas Available
Map
Community
- Address578 Oregon Avenue 13201070 Palo Alto CA
- Area699 – Not Defined
- CityPalo Alto
- CountySanta Clara
- Zip Code94301
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578 Oregon Avenue 13201070
Palo Alto, CA
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