340 Palo Alto Avenue, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:ERA Carlile Realty Group
340 Palo Alto Avenue,Palo Alto, CA 94301
$6,300,000
  • 2 Beds
  • - Baths
  • 1,120 sq. ft.
  • Single family
  • Active
Listed by: joel hopman
Office: newmark cornish & carey408-727-9600
MLS#:ML82055000
Source:CRMLS

Price summary

  • Price:$6,300,000
  • Price per sq. ft.:$5,625

About this home

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....

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Home facts

  • Year built:1910
  • Listing ID #:ML82055000
  • Added:100 day(s) ago
  • Updated:October 25, 2026 at 10:54 AM

Rooms and interior

  • Bedrooms:2
  • Full bathrooms:1
  • Living area:1,120 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1910
  • Building area:1,120 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Level with Street
  • Foundation Description:Concrete Perimenter

Schools

  • High school:Palo Alto
  • Middle school:Other
  • Elementary school:Other

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,300,000
  • Price per sq. ft.:$5,625

Parking

  • Total parking spaces:1
  • Parking description:Off Street
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