Palo Alto, CA 94301,578 Oregon AVE
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Palo Alto, CA 94301,578 Oregon AVE

$9,500,000

Est. payment /mo

$10,000,000

5.0%
Est.Price: ?

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578 Oregon AVE Palo Alto, CA 94301

1.09 Acres Lot

SOLD DATE : 09/05/2025

Key Details

Sold Price $9,500,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81992737

Sold Date 09/05/25

HOA Y/N No

Lot Size 1.087 Acres

Property Description

This is an exceptional opportunity in the sought-after Midtown neighborhood a 1.08-acre parcel offering immense redevelopment potential. Potentially requiring rezoning for Planned Community residential, this rare opportunity would transform this parcel. Currently configured with 8 tenant-occupied cottages, this property also presents subdivision possibilities, opening doors for a visionary development. Positioned in the heart of this highly sought-after area, the centrally located site offers close proximity to Stanford University, tech hubs, local parks and shops, plus acclaimed Palo Alto schools. It is an outstanding prospect for investors or developers who seek to capitalize on a rare chance to transform prime real estate in a coveted Silicon Valley location.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R1

Interior

Fireplace No

Exterior

Fence Wood

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Present Use Multi-Family,Residential,Single Family

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Palo Alto

School District Palo Alto Unified

Others

Tax ID 13201070

Financing Conventional

Special Listing Condition Standard

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Marcus "Kiwi" Gualter

Marcus "Kiwi" Gualter

+1(949) 751-9600

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Jolaine & Jack Wo... Compass
Bought with Loveless Team Intero Real Estate Services
agent

Marcus "Kiwi" Gualter

Broker Associate | License ID: 01079157

+1(949) 751-9600

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