Home | Santa Clara County | Palo Alto | 94301 | 340 Palo Alto Ave
MLS: ML82054496 | Status: Active | Price: $6,300,000
Beds/Baths: – / –
Property Type: Land
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,200 | – |
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 façade 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. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.
| Field | Value |
|---|---|
| MLS # | ML82054496 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Elementary District | Palo Alto Unified |
| High School District | Palo Alto Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R1 |
| Feature | Details |
|---|---|
| Development Status | Other - Call Listing Agent |
| Existing Structures | Other, Residence |
| Fencing | None |
| Lot Description | Grade - Level |
| Utilities | Public Utilities, Public Utilities, Water - Public |
Joel Hopman
Newmark Cornish & Carey
License #: 01934574
Phone: (415) 722-2200
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 990 Garden St | $7,000,000 | – | – | – | Active |
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This listing information is up-to-date as of July 16, 2026. For the most current information, please contact Joel Hopman, (415) 722-2200.