Palo Alto CA Real Estate & Land for Sale

Welcome to a truly rare opportunity in the Palo Alto hills. 10 acres of peaceful, private land with panoramic views stretching across the Bay. Whether you're dreaming of building a one-of-a-kind estate or creating a quiet retreat, this property offers the kind of space and setting that's nearly impossible to find this close to Silicon Valley. A permitted studio structure is already on-site perfect as a creative space, weekend getaway, or base camp while you plan your future build. Located in Palo Altos Open Space district, the property offers generous development potential, with the possibility to build up to approximately 17,400 square feet, including all structures and paved areas.* The land is also under the Williamson Act, which means significantly reduced property taxes a big plus for long-term owners. Gorgeous views, total privacy, and endless potential, this is one of those rare properties that really lets you dream big. *Buyers are advised to independently verify all development potential and requirements with the Town of Palo Alto.

70 Encina Avenue represents the rare opportunity to obtain a fully approved and entitled development site in the heart of thriving Silicon Valley. Situated on a 0.278-acre site within the highly sought after city of Palo Alto, the subject offers the opportunity to develop an attached residential housing project in an unrivaled location. The property is adjacent to Town & Country Village, across the street from Stanford University, and a short distance from top high-tech employers, a vibrant downtown shopping district, and numerous recreation opportunities. The subject is approved for redevelopment with 10 townhouse-style residential condominiums contained in a three-story structure with at-grade parking. Floor plans include two-bedroom and three-bedroom residences. Eight of the units will be offered at market rate, with two units designated for below market rate buyers. The project is designed with private garages and direct access to all units, making it highly attractive to prospective homeowners.