Palo Alto, CA 94303
$15,000,000
Bed
0
Bath
0
Living Space
N/A SqFt
Year Built
1986
Lot Size
0.45 Acres
Days
62
Rare opportunity to acquire a fully entitled luxury senior living development site in Palo Alto, in the heart of Silicon Valley. Approved for a boutique luxury senior living community comprising 27 senior living units, including Independent Living residences and Assisted Living accommodations, together with approximately 3,000 square feet of ground-floor commercial space. Years of planning, design, and entitlement work have been completed, allowing a purchaser to move directly toward permitting and construction. Ideally situated near Stanford University and Stanford Health Care, with convenient access to the region's premier medical, research, and technology institutions. Located in one of the nation's most affluent and supply-constrained senior housing markets, where opportunities for new senior living development are exceptionally limited. Strong demographic fundamentals and significant barriers to entry create a compelling long-term investment opportunity. Ideal for senior housing developers, healthcare organizations, family offices, institutional investors, or other qualified buyers seeking a premier development opportunity. Confidentiality agreement required for access to detailed information.
Listing provided courtesy ofKen Kho License 01759705 Legacy Real Estate & Associates
Data provided by MLSListings Inc.
- Fairmeadow Elementary School (Elementary) - GreatSchools rating 10/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 10/10 - Henry M. Gunn High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 824 San Antonio Road, several parks offer recreational opportunities. Greer Park, a 22-acre multipurpose park, features a skate park, playgrounds, and sports fields. Eleanor Pardee Park provides expansive green spaces, community gardens, and children's play areas. Byxbee Park, located at the Baylands Nature Preserve, offers walking and bicycling trails.
The property is located in the Charleston Gardens neighborhood of Palo Alto. This area is described as having a suburban feel with some urban characteristics due to pedestrian activity. Residents note a quiet and safe environment with little foot traffic. The neighborhood is also characterized by its proximity to local businesses and dining options, contributing to daily convenience.
This location has a Walk Score of 84 out of 100, indicating it is Very Walkable, meaning most errands can be accomplished on foot. The Transit Score is 47 out of 100, signifying Some Transit, with a few nearby public transportation options. Public transit options include Caltrain, with the California Avenue station approximately a 15-minute walk away, and various Santa Clara Valley Transportation Authority (VTA) bus routes. Palo Alto also offers a rideshare service called Palo Alto Link.
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.
- Fairmeadow Elementary School (Elementary) - GreatSchools rating 10/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 10/10 - Henry M. Gunn High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 824 San Antonio Road, several parks offer recreational opportunities. Greer Park, a 22-acre multipurpose park, features a skate park, playgrounds, and sports fields. Eleanor Pardee Park provides expansive green spaces, community gardens, and children's play areas. Byxbee Park, located at the Baylands Nature Preserve, offers walking and bicycling trails.
The property is located in the Charleston Gardens neighborhood of Palo Alto. This area is described as having a suburban feel with some urban characteristics due to pedestrian activity. Residents note a quiet and safe environment with little foot traffic. The neighborhood is also characterized by its proximity to local businesses and dining options, contributing to daily convenience.
This location has a Walk Score of 84 out of 100, indicating it is Very Walkable, meaning most errands can be accomplished on foot. The Transit Score is 47 out of 100, signifying Some Transit, with a few nearby public transportation options. Public transit options include Caltrain, with the California Avenue station approximately a 15-minute walk away, and various Santa Clara Valley Transportation Authority (VTA) bus routes. Palo Alto also offers a rideshare service called Palo Alto Link.
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.
