640 Waverley Street, Palo Alto, CA 94301

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
640 Waverley Street,Palo Alto, CA 94301
$12,500,000
  • 7 Beds
  • 7 Baths
  • 10,603 sq. ft.
  • Single family
  • Active
Listed by: frank de bernardo
Office: exp realty of northern california, inc.
MLS#:ML82057145
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$12,500,000
  • Price per sq. ft.:$1,178.91

About this home

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken...

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Home facts

  • Year built:2026
  • Listing ID #:ML82057145
  • Added:3 day(s) ago
  • Updated:August 14, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7
  • Full bathrooms:6
  • Living area:10,603 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:10,603 sq. ft.
  • Architectural Style:Single Family Residence
  • Levels:1 Story, 1 Story

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$12,500,000
  • Price per sq. ft.:$1,178.91

Parking

  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:7
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 August 14, 2026