578 Oregon Avenue
Palo Alto, CA 94301
1.09 acres | #ML81992737
Description
This is an exceptional opportunity in the sought-after Midtown neighborhood a 1.08-acre parcel offering immense redevelopment potential. Potentially requiring rezoning for Planned Community residential, this rare opportunity would transform this parcel. Currently configured with 8 tenant-occupied cottages, this property also presents subdivision possibilities, opening doors for a visionary development. Positioned in the heart of this highly sought-after area, the centrally located site offers close proximity to Stanford University, tech hubs, local parks and shops, plus acclaimed Palo Alto schools. It is an outstanding prospect for investors or developers who seek to capitalize on a rare chance to transform prime real estate in a coveted Silicon Valley location.
Property Details
- Utility FeaturesNaturalGasAvailable, ElectricityAvailable
- School DistrictPalo Alto Unified
- Date ClosedMay 06, 2025
- Sewer InformationPublicSewer
- CountySanta Clara
- Original List Price$10,000,000
- MLS #ML81992737
- MLS #ML81992737
- High SchoolPalo Alto
- Property TypePurchase
- Cost10000000
- Acres1.0868
- Utility SourcePublic
- Lot DescriptionLevel
- Elementary SchoolOther
- Middle SchoolOther
- Property SubtypeLand
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Jolaine & Jack Wo... (#ML5099365)
Listing Office: Compass (#ML5014372)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
