2
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$9,500,000
$10,000,000 5.0%
Est. payment /mo
1.09 Acres Lot
Sold on 09/05/2025
578 Oregon AVE Palo Alto, CA 94301
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Key Details
Sold Price $9,500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81992737
Sold Date 09/05/25
HOA Y/N No
Lot Size 1.087 Acres
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
Area 699 - Not Defined
Zoning R1
Interior
Fireplace No
Exterior
Fence Wood
Utilities Available Natural Gas Available, Electricity Available
View Y/N No
Present Use Multi-Family,Residential,Single Family
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Palo Alto
School District Palo Alto Unified
Others
Tax ID 13201070
Financing Conventional
Special Listing Condition Standard
Listed by Jolaine & Jack Wo... Compass
Bought with Loveless Team Intero Real Estate Services
Bought with Loveless Team Intero Real Estate Services
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