---
listing_id: ML82049702
status: Active
price: 25000000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 48465
sqft_lot: 19412
lot_acres: 0.45
year_built: 
property_type: Business Opportunity
property_subtype: 
address: "824 San Antonio Rd"
city: Palo Alto
state: CA
zip: 94303
county: "Santa Clara County"
lat: 37.421089
lng: -122.101219
days_on_market: 1
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Ken Kho"
list_office: "Legacy Real Estate & Associates"
list_agent_phone: "(510) 396-5408"
list_agent_license: 01759705
mls_source: MLSL
modified: 2026-06-04
transaction_type: buy
---

Home | Santa Clara County | Palo Alto | 94303 | 824 San Antonio Rd

824 San Antonio Rd, Palo Alto, CA 94303

MLS: ML82049702 | Status: Active | Price: $25,000,000
Beds/Baths: – / –
Property Type: Business Opportunity

Quick Facts

Beds Baths Sq Ft Acres Lot Yr Built
48,465 0.45

Remarks

Rare opportunity involving VeRa, a proposed boutique luxury Continuing Care Retirement Community (CCRC) in Palo Alto, California. Fully entitled 27-residence community designed to serve affluent seniors seeking a personalized, hospitality-driven environment with continuity of care. Planned community includes Independent Living and Assisted Living residences, ground-floor commercial space, and a purpose-built luxury senior living facility in one of the most affluent and supply-constrained senior housing markets in the United States. Ownership is seeking an experienced senior living operator, healthcare-related group, hospitality-oriented organization, or other qualified strategic participant for up to approximately 45% participation in the operating business platform. Entitlements approved and permitting in process. Significant barriers to entry, strong demographic fundamentals, and luxury positioning create a unique opportunity within the senior housing sector. Confidentiality agreement required for access to detailed information.

MLS Listing Information

Field Value
MLS # ML82049702
MLS Source MLSListings, Inc.
Days on Site 1

Features

Interior Features

Feature Details
Cooling Central Forced Air
Heating Central Forced Air

Exterior Features

Feature Details
Roof Other

Parking, School, and Other Information

Feature Details
Sewer Public Sewer
Zoning CS

Business Information

Feature Details
Parking Spaces 0
Utilities Public Utilities, Water - Public

Contact Information

Ken Kho
Legacy Real Estate & Associates
License #: 01759705
Phone: (510) 396-5408

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Greendell School public KG 0.44 mi N/A
Herbert Hoover Elementary School public K-5 0.77 mi 10
Fairmeadow Elementary School public K-5 0.82 mi 10
Monta Loma Elementary School public K-5 0.84 mi 6
Jane Lathrop Stanford Middle School public 6-8 0.96 mi 10
Palo Verde Elementary School public K-5 0.97 mi 8
Crittenden Middle School public 6-8 1.10 mi 9
Theuerkauf Elementary School public K-5 1.45 mi 5
Stevenson Elementary School public K-5 1.54 mi 9
El Carmelo Elementary School public K-5 1.61 mi 9
Ohlone Elementary School public K-5 1.73 mi 10
Juana Briones Elementary School public K-5 1.78 mi 10
Gabriela Mistral Elementary public K-5 1.84 mi 7
Ellen Fletcher Middle public 6-8 1.88 mi 9
Mariano Castro Elementary School public K-5 1.89 mi 1
MVWSD Preschool public UG 1.90 mi N/A
Ardis G. Egan Junior High School public 7-8 1.96 mi 9
Barron Park Elementary School public K-5 2.05 mi 9
Adult Education public UG 2.12 mi N/A
Henry M. Gunn High School public 9-12 2.13 mi 10

Disclosures

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This listing information is up-to-date as of June 04, 2026. For the most current information, please contact Ken Kho, (510) 396-5408.