Opportunity abounds on this more than 10,000-square-foot lot in sought-after Midtown. Residential single-family R1 zoning. Excellent Palo Alto schools. Two well-maintained existing cottages, each with its own address, private yard, and garage, create immediate options - continue with two separate rentals, live in one and rent the other, or plan entirely new construction with a luxury home and ADU. Opportunity to build for personal use or investment. A crisp white palette, updated kitchens, inside laundry, and classic charm enhance the existing cottages, making them desirable for rental income or personal use today. The location is superb just down the street from dog-friendly Greer Park, one block from acclaimed Ohlone Elementary School, and minutes to Highway 101 for easy access to all of Silicon Valley. This rare blend of space, versatility, and prime location makes this offering an exceptional opportunity for investment or future development.
MLS #
ML82026490
MLS Source
MLSListings, Inc.
Days on Site
2
Kitchen
Countertop - Solid Surface / Corian
Appliances
Dishwasher, Oven Range - Gas, Refrigerator, Washer/Dryer
Dining Room
Dining Area
Family Room
No Family Room
Flooring
Carpet, Hardwood, Other, Tile
Laundry
Inside
Cooling
None
Heating
Wall Furnace
Roof
Shingle
Foundation
Slab
Garage/Parking
Detached, Parking Area, Garage: 2 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
R1
1031 Amarillo Ave is a Single Family Residence in Palo Alto, CA 94303. This 1,736 square foot property sits on a 10,661 Sq Ft Lot and features 4 bedrooms & 2 full bathrooms. It is currently priced at $3,488,000 and was built in 1947. This address can also be written as 1031 Amarillo Ave, Palo Alto, CA 94303.
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This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Annie Watson, (650) 380-9898