1. California
  2. Palo Alto
  3. 70 Encina Avenue
$8,650,000

70 Encina Avenue, Palo Alto, CA 94301

  • 12,120 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $714/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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.

Listing Status:
Active
Date Added:
August 7, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : 650-391-1700
Listing Agent:
Joshua Johnson : 650-391-1784
MLS ID:
ML82017280
  • School District: Palo Alto Unified
  • County: Santa Clara

This listing courtesy of Joshua Johnson, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Addison Elementary School

650 Addison Ave, Palo Alto, CA, 94301

Grades KG-5

0.67 miles away

P

Packard Children's Hospital/Stanford

725 Welch Rd, Palo Alto, CA, 94304

Grades KG-12

0.85 miles away

P

Palo Alto High School

50 Embarcadero Rd, Palo Alto, CA, 94301

Grades 9-12

0.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.