340 Palo Alto Avenue, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
340 Palo Alto Avenue,Palo Alto, CA 94301
$6,300,000
  • 2 Beds
  • 1 Baths
  • 1,120 sq. ft.
  • Single family
  • Active
Listed by: joel hopman
Office: newmark cornish & carey
MLS#:ML82055000
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$6,300,000
  • Price per sq. ft.:$5,625

About this home

340 Palo Alto Avenue consists of a charming single-story 2 bed 1 bath home on a +/- 0.2 acre lot with rare development potential in prime North Downtown Palo Alto. Ownership has filed an SB79 application to develop a 3-story, 6-luxry condo project. The +/- 1,500-1,550 sq. ft. 3 bedroom 3.5 bath premium condos will feature large terraces overlooking the tree-lined San Francisquito Creek. The property will feature a lobby entry with an elevator, two stairwells, privatized storage for each unit, at-grade parking, an interior trash/recycling room, all-electric service, and an attractive exterior fa ade consisting of painted brick and wood elements, a nod to its contemporary and greenbelt surroundings. Additionally, an option may exist to add a 7th penthouse suite unit which would be a larger +/- 1,800 sq. ft. residence on its own floor, with spectacular views. The property feeds to the #1 ranked school district in California; Addition Elementary, Greene Middle and Palo Alto High schools....

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Home facts

  • Year built:1910
  • Listing ID #:ML82055000
  • Added:8 day(s) ago
  • Updated:July 25, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,120 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1910
  • Building area:1,120 sq. ft.
  • Lot Features:Level
  • Architectural Style:Single Family Residence
  • Exterior Features:Level

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,300,000
  • Price per sq. ft.:$5,625

Parking

  • Parking description:Off Street, Parking Lot
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at July 25, 2026

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