Palo Alto, CA 94301
$6,300,000




Bed
0
Bath
0
Living Space
N/A SqFt
Year Built
N/A
Lot Size
7,200 SqFt
Days
76
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.
Listing provided courtesy ofJoel Hopman License 01934574 Newmark Cornish & Carey
Data provided by MLSListings Inc.
- Walter Hays Elementary (Elementary) - GreatSchools rating 9/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 9/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 340 Palo Alto Avenue, several parks are available. El Palo Alto Park, home to the redwood tree that gave Palo Alto its name, features walking and bicycle trails along San Francisquito Creek. Hopkins Creekside Park is a 12.4-acre strip of land bordering San Francisquito Creek with open grassy areas, benches, and tables. Peers Park, located at 1899 Park Blvd, offers playgrounds, climbing walls, playing fields, dog parks, and tennis and basketball courts.
The neighborhood surrounding 340 Palo Alto Avenue is known as Old Palo Alto. This area is characterized by its proximity to University Avenue's retail and restaurant options, as well as the Stanford Shopping Center. The neighborhood offers a village feel with convenient access to Caltrain and a popular Sunday farmers market on California Avenue.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 30 out of 100, suggesting some transit options are available, primarily bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC. Caltrain stations are also accessible, with various rail lines available within approximately 0.9 to 1.2 miles.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Walter Hays Elementary (Elementary) - GreatSchools rating 9/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 9/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 340 Palo Alto Avenue, several parks are available. El Palo Alto Park, home to the redwood tree that gave Palo Alto its name, features walking and bicycle trails along San Francisquito Creek. Hopkins Creekside Park is a 12.4-acre strip of land bordering San Francisquito Creek with open grassy areas, benches, and tables. Peers Park, located at 1899 Park Blvd, offers playgrounds, climbing walls, playing fields, dog parks, and tennis and basketball courts.
The neighborhood surrounding 340 Palo Alto Avenue is known as Old Palo Alto. This area is characterized by its proximity to University Avenue's retail and restaurant options, as well as the Stanford Shopping Center. The neighborhood offers a village feel with convenient access to Caltrain and a popular Sunday farmers market on California Avenue.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 30 out of 100, suggesting some transit options are available, primarily bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC. Caltrain stations are also accessible, with various rail lines available within approximately 0.9 to 1.2 miles.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.