70 Encina Avenue, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
70 Encina Avenue,Palo Alto, CA 94301
$4,995,500
  • - Acres
  • Lots / Land
  • Sold
Listed by: joshua johnson
Office: marcus & millichap
MLS#:82017280
Source:CAREIL

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Price summary

  • Price:$4,995,500

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 #:82017280
  • Added:258 day(s) ago
  • Updated:April 25, 2026 at 06:56 AM

Structure and exterior

  • Lot Features:Level

Schools

  • High school:Palo Alto High
  • Middle school:Frank S. Greene Middle
  • Elementary school:Addison Elementary

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$4,995,500
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