Palo Alto, CA 94306

$15,000,000
List Price
$15,000,000
Price Change
▲ $3,000,000 1512542750
MLS#
ML81406740
Status
ACTIVE
Zoning
RE
Lot Size
44,866
Neighborhood
Palo Alto Hills

Property Description

RARE flat vacant 1.03 acre parcel is across Foothill Blvd within view of Gunn High School at Arastradero & Old Trace Road. Location! Location! Location! Visualize an Exquisite Villa with Vineyard. Plus build a detached Guest House for Family or Au Pair. Plus Detached garage with possible basements. Also offers opportunity for a work/live build. . DREAM it & BUILD it!! Another option, Buy now & Hold for future development. LAND.. Zoned RE...Permitted & Conditional Permitted usages other than residential...buyer to verify with City of Palo Alto. Recent (2018 property nearby SOLD listed for $23 Million! This is the ONLY FLAT VACANT Acre parcel in Palo Alto available. Just minutes to Gunn HS, Venture Capital, Stanford University & downtown Palo Alto. In heart of Silicon Valley, Palo Alto Real Estate sales prices have zoomed to new heights recently. A newly constructed estate nearby is for sale for $23,000,000. This is a RARE opportunity for you to Build to suit your own Estate!

Additional Information

Acres
1.03
Development Status
Building Site Cleared, Unimproved Land, May Not Be Subdivided
Fence
None
Lot Description
Cleared, Grade - Level
Lot Size
44,866
Neighborhood
Palo Alto Hills
Other Utilities
None / No Utilities, Gas - Available at Street
Parcel Access
Paved Road
Present Use
Vacant
View
Neighborhood View
Zoning
RE

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Jan Strohecker from Coldwell Banker

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