70 Encina Avenue 12034006
Palo Alto, CA, 94301
$8,650,000
Beds
0 Baths
SqFt
0.28 Acres
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MLS #ML82017280 image #0MLS #ML82017280 image #1MLS #ML82017280 image #2MLS #ML82017280 image #3
70 Encina Avenue represents the rare opportunity to obtain a fully approved and entitled development site in the heart of thriving Silicon Valley. Situated on a 0.278-acre site within the highly sought after city of Palo Alto, the subject offers the opportunity to develop an attached residential housing project in an unrivaled location. The property is adjacent to Town & Country Village, across the street from Stanford University, and a short distance from top high-tech employers, a vibrant downtown shopping district, and numerous recreation opportunities. The subject is approved for redevelopment with 10 townhouse-style residential condominiums contained in a three-story structure with at-grade parking. Floor plans include two-bedroom and three-bedroom residences. Eight of the units will be offered at market rate, with two units designated for below market rate buyers. The project is designed with private garages and direct access to all units, making it highly attractive to prospective homeowners.

Property Details

Price:
$8,650,000
MLS #:
ML82017280
Status:
Active
Baths:
0
Type:
Land
Neighborhood:
699notdefined
Listed Date:
Aug 7, 2025
Lot Size:
12,120 sqft / 0.28 acres (approx)
699notdefined

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Market Summary

Current real estate data for Land in Palo Alto as of Oct 22, 2025
4
Land Listed
366
Avg DOM
$6,183,500
Avg List Price

Property Summary

    70 Encina Avenue 12034006 Palo Alto CA is a Land for sale in Palo Alto, CA, 94301. It is listed for $8,650,000 and features 0 acres.

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70 Encina Avenue 12034006
Palo Alto, CA