246 Palo Alto Avenue, Palo Alto, CA 94301
246 Palo Alto Avenue, Palo Alto, CA 94301
246 Palo Alto Avenue, Palo Alto, CA 94301
20
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Listed by Julie Tsai Law • Compass
$3,750,000
Est. payment /mo
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1 Bed
1 Bath
1,020 SqFt
Open Sat 2PM-4:30PM

246 Palo Alto Avenue Palo Alto, CA 94301

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Daniel Ripper

Daniel Ripper

+1(415) 205-6312

Open House

Sat Aug 29, 2:00pm - 4:30pm

Sun Aug 30, 2:00pm - 4:30pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,020 sqft

Price per Sqft $3,676

MLS Listing ID ML82059476

Bedrooms 1

Full Baths 1

HOA Y/N No

Year Built 1923

Lot Size 7,150 Sqft

Property Sub-Type Detached

Source Datashare MLSListings

Property Description

RARE DOWNTOWN NORTH DEVELOPMENT OPPORTUNITY | Exceptional 7,150 SF site just 3 blocks from University Ave and Downtown Palo Alto Caltrain offers multiple paths to create significant value. City-approved architectural plans envision an approx. 4,365 SF modern 3-level luxury residence with 4BD/3.5BA + attached JADU, expansive entertaining spaces, basement great room, wine room and indoor/outdoor living. The property's exceptional proximity to Caltrain may also provide compelling potential for higher-density transit-oriented residential development under evolving state and local regulations. Rare opportunity for an end-user, builder, developer or investor near Downtown Palo Alto, Stanford and major Silicon Valley employment centers. Existing improvements convey as-is. Buyer to independently verify current zoning, density, unit count, parking, SB 79/AB 2097 applicability and all development standards with the City of Palo Alto.

Location

State CA

County Santa Clara

Interior

Heating Other

Cooling None

Flooring Hardwood

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Exterior

Garage Spaces 1.0

Private Pool false

Building

Story 1

Water Public

Schools

School District Palo Alto Unified, Palo Alto Unified

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

NEARBY SCHOOL & BUSINESS

Daniel Ripper
Daniel Ripper

Broker Associate License ID: 01382609

+1(415) 205-6312 | [email protected]

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246 Palo Alto Avenue

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