Palo Alto, CA 94301,578 Oregon AVE
Palo Alto, CA 94301,578 Oregon AVE
2
Listed by Jolaine & Jack Woodson • Compass
Bought with Loveless Team • Intero Real Estate Services
$9,500,000
$10,000,000
5.0%
Est.Price: ?

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1.09 Acres Lot

578 Oregon AVE Palo Alto, CA 94301

Est. payment /mo
SOLD DATE : 09/05/2025

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Key Details

Sold Price $9,500,000

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81992737

Sold Date 09/05/25

Lot Size 1.087 Acres

Property Sub-Type Residential Development Land

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 Midtown

Zoning R1

Exterior

Fence Mixed Height / Type, Wood

Utilities Available Electricity - On Site, Gas - On Site, Natural Gas, Public Utilities

Present Use Multi-Family,Multiple Dwelling,Residential

Building

Lot Description Grade - Level, Possible Lot Split, Regular

Sewer Sewer - Public, Sewer Connected

Water Individual Water Meter, Public, Water On Site

Others

Tax ID 132-01-070

Horse Property No

Special Listing Condition Not Applicable

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