Home | Santa Clara County | Palo Alto | 94301 | 640 Waverley St
MLS: ML82048326 | Status: | Price: $12,500,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,277 | – |
This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.
| Field | Value |
|---|---|
| MLS # | ML82048326 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 3 |
| Feature | Details |
|---|---|
| Elementary District | Palo Alto Unified |
| High School District | Palo Alto Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | CDC |
| Feature | Details |
|---|---|
| Development Status | Approved Building Plan |
| Fencing | PartialFencing |
| Lot Description | Grade - Level, Regular |
| Present Use | Residential |
| Utilities | Public Utilities, Public Utilities, Water - Public |
Frank De Bernardo
eXp Realty of Northern California, Inc.
License #: 01211552
Phone: (831) 901-2324
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 25 Stowe Ln | $11,000,000 | – | – | – | Active |
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This listing information is up-to-date as of May 23, 2026. For the most current information, please contact Frank De Bernardo, (831) 901-2324.