Palo Alto, CA 94301,578 Oregon Avenue
Listed by Compass
Bought with Intero Real Estate Services

$9,500,000

Est. payment /mo

$10,000,000

5.0%
Est.Price: ?

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578 Oregon Avenue Palo Alto, CA 94301

47,340 SqFt

SOLD DATE : 09/05/2025

Key Details

Sold Price $9,500,000

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Square Footage 47,340 sqft

Price per Sqft $200

MLS Listing ID ML81992737

Lot Size 1.087 Acres

Property Sub-Type Unimproved Land

Property Description

This is an exceptional opportunity in the sought-after Midtown neighborhood a 1.08-acre parcel offering immense redevelopment potential. Potentially requiring rezoning for Planned Community residential, this rare opportunity would transform this parcel. Currently configured with 8 tenant-occupied cottages, this property also presents subdivision possibilities, opening doors for a visionary development. Positioned in the heart of this highly sought-after area, the centrally located site offers close proximity to Stanford University, tech hubs, local parks and shops, plus acclaimed Palo Alto schools. It is an outstanding prospect for investors or developers who seek to capitalize on a rare chance to transform prime real estate in a coveted Silicon Valley location.

Location

State CA

County Santa Clara

Building

Lot Description Level, Rectangular Lot

Schools

School District Palo Alto Unified, Palo Alto Unified

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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