70 Encina AVE, Palo Alto, CA 94301
- $4,995,500
- Sold Price
- $4,995,500
- List Price
- $6,000,000
- Closing Date
- Mar 27, 2026
- MLS#
- ML82017280
- Status
- SOLD
- Zoning
- CC
- Lot Size
- 0.2782
- Property Type
- lnd
- Neighborhood
- Stanford
Property Description
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 prospective homeowners.
Additional Information
- Acres
- 0.28
- Development Status
- Site Plan Approved
- Fence
- Chain Link, Complete Perimeter
- Horse Property
- Not Allowed
- Lot Description
- Grade - Level
- County
- Santa Clara
- Neighborhood
- Stanford
- Other Utilities
- Available - Not On Site, Public Utilities
- Parcel Access
- City Street
- Present Use
- Vacant
- Sewer
- Sewer - Public
- Zoning
- CC
Mortgage Calculator
Listing courtesy of Joshua Johnson from Marcus & Millichap. 650-391-1784
Selling Office: M&MKW.
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