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.
MLS #
ML81992737
MLS Source
MLSListings, Inc.
Development Status
Final Map Pending, Improvements - Other, Lot Split Possible, May Not Be Subdivided
Existing Structures
MiscellaneousStructures, Residence
Fencing
MixedHeightType, Wood
Lot Description
Grade - Level
Present Use
Residential
Utilities
Gas - On Site, Natural Gas, Public Utilities, Natural Gas Available, Public Utilities, Water - Public
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
R1
578 Oregon Ave is in Palo Alto, CA 94301. This Land is currently priced at $10,000,000.
This address can also be written as 578 Oregon Ave, Palo Alto, CA 94301.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of February 05, 2025. For the most current information, please contact Jolaine & Jack Woodson, (650) 740-9694