640 Waverley Street, Palo Alto, CA 94301
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
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 Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles....
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Home facts
- Year built:2026
- Listing ID #:ML82057145
- Added:49 day(s) ago
- Updated:September 29, 2026 at 01:40 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.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$12,500,000
- Price per sq. ft.:$1,178.91
Parking
- Parking description:Attached
- Garage:Yes
- Garage spaces:7
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