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$6,399,000

Est. payment - /mo

1.13 Acres Lot

Active

1893 Woodland AVE East Palo Alto, CA 94303

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82010330

HOA Y/N No

Lot Size 1.126 Acres

Property Description

Prime Development Opportunity Bordering Palo Alto! Attention builders and developers! Dont miss this rare chance to create a brand-new residential community in one of the most desirable and strategically located areas on the Peninsula. This exceptional site offers close proximity to world-class employers including Stanford University, Stanford Hospital, Meta HQ, Amazon EPA, and the vibrant downtown Palo Alto. Also enjoy quick access to Google, LinkedIn, and other major tech campuses. Conveniently located just off University Avenue on the west side of Highway 101, this property borders Palo Alto and is within the sought-after Menlo-Atherton High School district. A recent conceptual yield study suggests the potential to develop 3334 townhomes or 44 apartment units (buyer to verify with city). Previously operated as a mobile home park, the site once had full utility hookups, which were removed after the park was officially closed--creating a potential opportunity for utility credits through the City of East Palo Alto. This flat, well-positioned parcel is ready for transformation. Act now to capitalize on this rare development opportunity in the heart of Silicon Valley.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-MD-1

Interior

Fireplace No

Exterior

View Y/N No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

High Schools Menlo-Atherton

School District Other

Others

Tax ID 063501010

Special Listing Condition Standard

Listed by Jenny Huang Coldwell Banker Realty

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