70 Encina Avenue, Palo Alto, CA 94301

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
70 Encina Avenue,Palo Alto, CA 94301
$8,650,000
  • 0.28 Acres
  • Lots / Land
  • Active
Listed by:joshua johnson
Office:marcus & millichap
MLS#:ML82017280
Source:CRMLS

Price summary

  • Price:$8,650,000

About this home

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

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Home facts

  • Listing ID #:ML82017280
  • Added:49 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Structure and exterior

  • Lot area:0.28 Acres

Schools

  • High school:Palo Alto
  • Middle school:Other
  • Elementary school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$8,650,000
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