Home | Santa Clara County | Palo Alto | 94303 | 824 San Antonio Rd
MLS: ML82055961 | Status: Active | Price: $15,000,000
Beds/Baths: – / –
Property Type: Commercial Sale
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 8,370 | 19,412 | 1986 |
Rare opportunity to acquire a fully entitled luxury senior living development site in Palo Alto, in the heart of Silicon Valley. Approved for a boutique luxury senior living community comprising 27 senior living units, including Independent Living residences and Assisted Living accommodations, together with approximately 3,000 square feet of ground-floor commercial space. Years of planning, design, and entitlement work have been completed, allowing a purchaser to move directly toward permitting and construction. Ideally situated near Stanford University and Stanford Health Care, with convenient access to the region's premier medical, research, and technology institutions. Located in one of the nation's most affluent and supply-constrained senior housing markets, where opportunities for new senior living development are exceptionally limited. Strong demographic fundamentals and significant barriers to entry create a compelling long-term investment opportunity. Ideal for senior housing developers, healthcare organizations, family offices, institutional investors, or other qualified buyers seeking a premier development opportunity. Confidentiality agreement required for access to detailed information.
| Field | Value |
|---|---|
| MLS # | ML82055961 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Cooling | Central Forced Air, Multi-Zone |
| Heating | Central Forced Air |
| Feature | Details |
|---|---|
| Roof | Other |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Sewer | Public Sewer |
| Water | Public |
| Zoning | CS |
| Feature | Details |
|---|---|
| Parking Spaces | 21 |
| Present Use | Business/Professional, Retail |
| Utilities | Public Utilities, Water - Public |
Ken Kho
Legacy Real Estate & Associates
License #: 01759705
Phone: (510) 396-5408
School data provided by GreatSchools.org
©2026 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.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of July 30, 2026. For the most current information, please contact Ken Kho, (510) 396-5408.