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.
Property Type
LandCounty
San MateoStyle
LandAD ID
50127351
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 1.126
- Lot Size Source: Other
- Lot Size Square Feet: 49048.56
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Listing Information
Listing Price Information
- Original List Price: 6,399,000
- Listing Contract Date: 2025-06-09
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 063501010
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 699 - Not Defined
- Directions: From US-101 N, Exit on Embarcadero Rd.. Left on Embarcadero Rd.. Take W Bayshore Rd. to Woodland Ave., Left at University Ave., Right on Woodland Ave..
- Zoning: R-MD-1
- Source Property Type: Land
- Area: 699 - Not Defined
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/23/2025 @ 02:09
- MLS: ML82010330
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 49,049 sized lot, and 0 parking. are nearby neighborhoods.