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340 Palo Alto Avenue

Palo Alto, CA 94301
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SqFt7,200

Sqft(Lot)

340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior façade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger + /- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.

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Detail Ic Property Details

Property Type : Land

Price : $6,300,000

AD Id : 88284847

MLS Id : ML82054496

Lot Size : 7,200 Sqft(Lot)

County : Santa Clara

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  • Lot Information

    Main Square Feet: 7200 Lot Size Acres: 0.1653 Lot Size Source: Assessor Lot Size Square Feet: 7,200 Lot Description: Level

  • Listing Price Information

    Listing Price: $6300000

  • Tax Information

    Parcel Number: 12012045

  • School Information

    Elementary School: Other Junior High School: Other Senior High School: Palo Alto
  • Location Information

    WaterSource: Public
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ByOwner last updated this listing 07/26/2026 @ 00:36

MLS: ML82054496 LISTED BY: Joel Hopman, Newmark Cornish & Carey 408-727-9600 SOURCE: CRMLS

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