The median home value in Palo Alto, CA is $3,400,000.
This is
higher than
the county median home value of $1,312,000.
The national median home value is $308,980.
The average price of homes sold in Palo Alto, CA is $3,400,000.
Approximately 53% of Palo Alto homes are owned,
compared to 41% rented, while
6% are vacant.
Palo Alto real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Palo Alto real estate agent to arrange a tour today!
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Rare Investment / Development Opportunity! MEDIUM - DENSITY RESIDENTIAL ZONE - This flat, half-acre+ parcel comes with previously approved plans for 10 townhomes and a prior "will serve" letter from the sanitation department. Prefer a different vision? Explore the potential for a single-family home subdivision or design a private estate-style compound. The possibilities are wide open. Ideally located near Meta, Amazon's EPA campus, numerous other tech hubs, and the Bay Trail. The property also sits just minutes from the transformative "Four Corners" development. This ambitious "Four Corners" project aims to establish a vibrant, mixed-use downtown at University and Bay, anchored by a new public town square and central plaza. Surrounding amenities at "Four Corners" will include ground-floor retail, dining, community spaces, and a brand-new East Palo Alto Library directly across from City Hall. The time is now and this is your chance to be a part of transforming East Palo Alto!
Rarely available, 1.33 acres of property made up of 5 contiguous parcels located between Stowe Lane and the San Francisquito Creek in bucolic Stanford Weekend Acres. Parcels to be sold together. Two of the parcels are improved with MidCentury Modern homes built in the 1960s and 1970s, one parcel is improved with an original cottage seamlessly integrated into the natural environment and two parcels of vacant land. Refurbish the existing homes, build new residences, add density through SB-9, pursue further subdivision, create a family compound, or hold as a long-term investment. This exceptional property offers a rare range of possibilities. Buyer to verify all potential uses and development opportunities.
Looking for a project to call your own? Look no further. This large ~10,800 sqft lot could be a great project. Rebuilt or renovate, the options are endless. Currently featuring a typical floor plan of a house of this age, and complete with a laundry room and 2 car carport, this property has 3 different points of ingress (2 on Woodside road and 1 on Alexander Avenue), making even more possibilities. Conveniently located near downtown Redwood City & Menlo Park shops, restaurants, entertainment, Caltrain, routes 280 and 101. Also, nearby several major employment centers, Google Seaport Blvd. Campus, Stanford Medicine RWC, Meta/Facebook and page mill/sandhill road.
Build your dream home on this approx. 4.2-acre undeveloped country parcel situated adjacent to Portola Valley on Santa Clara County land just up from the Ladera Shopping Center shops and restaurants. The lot is surrounded by open space, Stanford lands and the gently flowing Los Trancos Creek and is in the Palo Alto Unified School District.
2.8 Acres of Buildable Land Next to Menlo Country Club. This exceptional nearly 3 acre vacant parcel presents an extraordinary opportunity in a prestigious setting, offering endless possibilities for building. The vacant land, bordering the Menlo Country Club, offers gently rolling terrain with open meadows, wildflowers, perimeter trees, and views of the East Bay hills. With a serene landscape and conceptual plans for a custom residence and accessory structures, this lot offers a unique chance to establish an exceptional property in a sought-after location.
APPROVED PLANS AND PERMITS PULLED. Providing over one-third acre of level double-wide land, this expansive parcel is an exceptional opportunity to build your dream home in the heart of Woodside. Over 4,415 total square feet with pre-approved architectural plans, by Simpson Design Group, with ADU, pool and all landscaping, are available saving years of time in the building process. Offering gorgeous views of the Kite Hill Wildflower Preserve and just steps from its beautiful hiking trails, it is the rare combination of a tranquil country setting located just minutes from the town center. Listing photos of the home are renderings only, there is not currently a home on this lot. Potential for approximately 4,415 total sq ft main house : 3 bd, 2.5 ba, 3,475 sq ft | adu 500 sf | 440 sq ft 2 car garage. This property is also ideally situated with access to the acclaimed Woodside Elementary School (K8), making it a highly desirable address for those seeking a premier Peninsula lifestyle. Offering wonderful views and outstanding location, this lot presents the perfect canvas to create the home ready for permit issue, or to create your own dream home, in one of Silicon Valleys most sought-after communities.
Build up to 3615 total sq. ft. consisting of 3,175 livable & 440 garage. All public utilities including public sewers and California water service. Highland Terrace has long been one of the most desirable streets in the Woodside community of "The Glens". This lot was held for decades by the prior owner of the adjacent home. Truly a rare opportunity find a vacant parcel where you can create a new home in the center of the Town of Woodside half way between San Francisco and Silicon Valley and just minutes to Stanford shopping and medical center. Award winning Woodside Schools are a short walk from the site as well as restaurants and shopping in the Village of Woodside.
A Modern Masterpiece in a Coveted Los Altos Hills Setting. Set along one of the most prestigious and tightly held corridors, 27600 Altamont Rd. offers a rare, fully approved, shovel-ready estate opportunity. Situated on 1.2 acres, the property includes finalized plans and permits from acclaimed Humphreys & Partners Architects, allowing construction to begin immediately, eliminating years of entitlement risk and delay. A rare advantage is the existing residence on site, which may be occupied or leased for income during construction, offering flexibility, carry-cost offset, and an easier financing path. The approved design features a 5,800-square-foot modern main residence with seamless indoor-outdoor living, a gourmet kitchen with a butler's pantry, a private guest suite, a home office, and expansive entertaining spaces. A lower level includes wellness amenities such as a fitness room, sauna, and wine cellar. A separate 1,200-square-foot ADU provides ideal space for guests, multigenerational living, or a private executive retreat. Resort-style grounds include a pool/spa, bocce court, and multiple outdoor living areas designed for privacy, natural light, and west-hill views. Ideally located with easy access to downtown Palo Alto, Los Altos, and nearby open-space preserves.
Lot -APN# 182-13-034) This exceptional property is the perfect setting for authentic Los Altos Hills living. Don't miss viewing this property. Bring your imagination, dreams and contractor, MFA of 6660 and MDA of 16650. An existing 3 bedroom 2 bath which is currently being rented, 1bedroom 1 bath studio and a 500 square foot storage building. Property has power, water and sewer at site.
Originally part of a larger single-family estate, this property has been thoughtfully subdivided into two separate parcels. The front residence remains owner-occupied, while the rear parcelapproximately 1.08 acresis now available for sale. Tucked away from the street, the rear lot offers a rare opportunity to create a private, custom estate in a highly desirable Los Altos Hills setting. The separation from the main residence enhances privacy while maintaining convenient access. Ideal for a luxury end-user or investor seeking to develop in a premier location. Buyer to verify all building and development potential.
Stunning View Lot in Palomar Park! Nestled in the highly desirable Palomar Park neighborhood, this expansive lot offers breathtaking panoramic views of the Bay, surrounding hills, and lush greenery. A rare opportunity to build your dream home in a serene and private setting, yet just minutes from downtown Redwood City, major highways, and Silicon Valley. The generous lot size provides ample space for a custom-designed residence with outdoor entertaining areas, decks, or gardens to maximize the stunning vistas. Enjoy the perfect blend of tranquility and convenience with access to trails, parks, and vibrant city amenities. Dont miss this chance to own a prime view lot in one of the Peninsulas most sought-after locations! Buyer to verify buildability and zoning requirements.
Build your dream home on this exceptional 1.2+ acre lot in the prestigious town of Woodside. Surrounded by open space and scenic parks, the property offers direct access to miles of trails perfect for hiking, biking, and horseback riding embracing the true Woodside lifestyle. Ideally located near Interstate 280, youll enjoy convenient access north to San Francisco and south to Silicon Valley, all while returning home to a peaceful, private setting. Just minutes from Woodside Town Center, Roberts Market, and award-winning Woodside Elementary School, this is a rare opportunity to create a custom estate in one of the Peninsulas most sought-after communities.
Spacious lot with a view on beautiful Grandview in Woodside! Bring your contractor to build your dream home!
Create your dream home on this spacious 25,878 sq/ft lot in Los Trancos Woods, Portola Valley. Slightly sloped lot with room to build a 4000+ sq/ft home. All utilities are available on the street as well as soil and engineering reports. Located just short drive to Alpine Hills Tennis and Swimming Club, Alpine Inn, Roberts Market, and award-winning Portola Valley schools. Views of Foothills Park and easy access to endless hiking, biking, and running trails.
Build Your Dream Home in the Heart of San Carlos Rare opportunity to own one of the few remaining undeveloped parcels in sought-after San Carlos. Ideally located just minutes from the vibrant shops, dining, and charm of downtown and Laurel Avenue. This idyllic setting offers potential bay views and the perfect canvas to design the custom home youve always envisioned. San Carlos is known for its highly regarded schools, welcoming community atmosphere, boutique shopping, diverse restaurants, and convenient access to major transportation routes. Opportunities like this are increasingly rare secure your place in one of the Peninsulas most desirable neighborhoods.
An exceptional opportunity to build awaits in this picturesque San Carlos neighborhood. This unique parcel features an expansive level area with a paved driveway and a recorded easement, providing convenient access to the property. Enjoy sweeping easterly and Bay views that beautifully frame the landscape. Perfectly situated close to downtown yet far enough to enjoy peace, privacy, and nature. Located within the highly sought-after San Carlos School District and minutes from the vibrant shops and restaurants along Laurel Street.
Completed in 2006, this magnificent vineyard estate is the perfect place to escape from the fast daily pace of Silicon Valley. The approximately 41 acres are as peaceful as they are beautiful, with spectacular top-of-the-world San Francisco Bay views. Arriving on the front terrace is as if stepping into the Italian countryside. The scale of the home is destined for grand entertaining spilling out to exceptional front and rear terraces. The kitchen is a culinary retreat with commercial-quality appliances, and the wine cellar awaits a sizable collection. Multiple rooms for everyday living, a theatre, plus a well-being center with spa, steam, and sauna add luxurious touches. Both 5660 Alpine Road and APN 080-040-120 are being offered for sale together.
Property is zoned MD-100, there are preliminary plans as reviewed by the city of San Carlos for 15 upscale condos(some with bay views). Zoning allows 14-19 units and a total of approximately 24,265 square feet of total project size. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process. The property is subject to AB 2097 which mandates that the city will not impose any minimum parking requirements. (Buyer to verify all information to their satisfaction.)
Located in the sought-after Country Club neighborhood, this residence provides a fabulous opportunity to plan and live your dreams by rebuilding or remodeling! With over a half-acre of land there are endless opportunities! This enchanting home is spacious with warm hardwood floors and well-appointed rooms in the main living areas. Radiant sunlight streams through the solarium windows in the breakfast room overlooking the garden. An impressive loft offers beautiful cathedral ceilings and grand windows to the golf course with full bath for an optional 4th bedroom or hobby room. Surrounded by a beautiful floral garden is the fabulous guest cottage with kitchenette and bath. Set within the expansive property is an enchanting yard and beautiful blue-bottom pool with natural stone coping leaving abundant space for further landscaping. Ideally located across from the Los Altos Golf & Country Club and just blocks from Loyola Corners shops and dining, and McKenzie Park, this property presents a rare and exciting opportunity to bring your vision to life in a premier location with Los Altos schools.
Ready to build, flat lot on El Camino Real in Belmont. Plan is for 6 units 5 Residential and 1 commercial space. Flat, easily accessible parcel, located 1/2 from shopping 1/2 mile from the freeway and less than 1 mile from downtown. Major employers such as Oracle are located in Belmont and this property is positioned to succeed in such a strong market.
Tranquil land. Excellent opportunity to build or on this sun-drenched parcel that has gentle grade for development. 3800 ft2 home plus 1000 ft2 ADU deemed possible by Lea and Braze engineers; price includes feasibility study, survey and septic perc test results. This land could be a great location for your estate home or quiet get-away. Plenty of room for horses, animals and/or hobby farm, you'll find that you are conveniently located to access the hiking and riding trails that abound in the area's open space. Seller has 2 lots for sale (0-220 and 0-250 Heacox); the actual address is not yet determined. Electric pole on site. Old well on-site (plentiful water here), you add septic system. Invest in your future!
Rare 1-Acre Development Opportunity in Sunnyvales Desirable Lakewood Neighborhood Exceptional opportunity for developers, builders, and investors to acquire a rare, level one-acre parcel in the highly sought-after Lakewood area of Sunnyvale. Ideally located with convenient access to Hwy 101, Hwy 237, and Lawrence Expressway, the property is within walking distance to schools and parks and just minutes from shopping, dining, fitness centers, and major Silicon Valley tech campuses. Plans for six single-family homes have been planning approved and are currently under building review. This expansive site offers tremendous potential for a thoughtfully designed residential development in a prime location. With its premier location and outstanding upside potential, this property presents a rare chance to create something truly special.
This sale includes 6417 & 6433 Thornton Ave in Newarks Old Town Specific Plan area, offering 21,000 SF of land ready for high-impact development. Together, the parcels can support 100+ residential units under Californias Density Bonus Law and qualify for streamlined city approvals. The site is also eligible for $20M+ in state and local housing grants and low-interest financing for affordable or mixed-income projects. Next door, a 59-unit affordable housing development is underway, funded by a $12M city grant, showcasing Newarks strong commitment to housing growth. Investors and developers are encouraged to take advantage of this rare opportunity to deliver a transformative project in one of the Bay Areas most supportive housing markets. Seller Financing Available, Up to 50% at 7.5% (5-Year Term) Flexible capital structure ideal for developers and value-add buyers. Seller Financing Highlights: Seller will finance up to 50% of purchase price 7.5% interest, fixed 5-year term with balloon payment Fast closing no bank approval needed Ideal for entitlement phase, early-stage development, or land banking

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