Home | Santa Clara County | Palo Alto | 94301 | 246 Palo Alto Ave
MLS: ML82059476 | Status: Active | Price: $3,750,000
Beds/Baths: 1 / 1
Property Type: Residential
| Bed | Bath | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 1 | 1 | 1,020 | 7,150 | 1923 |
| Date | Time | Hosted By |
|---|---|---|
| Saturday, August 29 | 2:00 pm - 4:30 pm | Julie Tsai Law |
| Sunday, August 30 | 2:00 pm - 4:30 pm | Julie Tsai Law |
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.
| Field | Value |
|---|---|
| MLS # | ML82059476 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Bathrooms | Shower and Tub |
| Kitchen | Countertop - Tile |
| Appliances | Oven Range - Gas, Refrigerator, Washer/Dryer |
| Dining Room | Dining Area |
| Family Room | Separate Family Room |
| Fireplace | Wood Burning |
| Flooring | Hardwood, Vinyl/Linoleum |
| Laundry | Inside |
| Cooling | None |
| Heating | Other |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Detached, Garage: 1 Car(s) |
| Elementary District | Palo Alto Unified |
| High School District | Palo Alto Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R1 |
Julie Tsai Law
Compass
License #: 01339682
Phone: (650) 799-8888
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1031 Almanor Ave | $3,998,880 | 6 | 4 | 2,543 | Active |
| 1270 University Dr | $3,249,000 | 4 | 2/1 | 2,170 | PendingDoNotShow |
| 952 Dennis Dr | $3,288,000 | 4 | 3 | 1,890 | Active |
| 302 Channing Ave | $3,488,843 | 3 | 2/1 | 1,782 | Active |
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This listing information is up-to-date as of August 29, 2026. For the most current information, please contact Julie Tsai Law, (650) 799-8888.