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)
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Community
- Address70 Encina Avenue 12034006 Palo Alto CA
- Neighborhood699 – Not Defined
- CityPalo Alto
- CountySanta Clara
- Zip Code94301
Subdivisions in Palo Alto
Market Summary
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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