Address not disclosed, Palo Alto, CA 94306

MLS# ML81406740
Status: Active

  • $15,000,000

    Mortgage calculator
  • 1.03

    Approx. Lot Size
  • Listing Class: Residential Lots & Land
  • Property Type: Lot/Land

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    Julie Tsai Law

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    Julie Tsai Law

    +1 650.799.8888

    Julie Tsai Law Realty Group partners with you throughout your home search process, providing their expertise and deep knowledge of San Francisco Bay Area’s real estate market to help you find a home you love.

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    Details

    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!

    Features

    General Features

    • Listing ClassResidential Lots & Land
    • ZoningRE
    • Horse PropertyPossible
    • Property TypeLot/Land
    • Lot DescriptionCleared,Grade - Level
    • Parcel175-20-078
    • View DescriptionsLocal/Neighborhood

    Interior Features

    • CommunicationsCable TV Available

      Exterior Features

      • FencingNone

        Utilities & Energy

        • UtilitiesNone / No Utilities,Gas - Available at Street
        • WaterWater Available at Street

        Market Conditions

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        # of Homes Listed vs # of Homes Sold
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