640 Waverley Street, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
640 Waverley Street,Palo Alto, CA 94301
$12,500,000
  • 7 Beds
  • 7 Baths
  • 10,603 sq. ft.
  • Single family
  • Active
Listed by: frank de bernardo
Office: exp realty of northern california, inc.888-832-7179
MLS#:ML82057145
Source:CRMLS

Price summary

  • Price:$12,500,000
  • Price per sq. ft.:$1,178.91

About this home

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect...

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Home facts

  • Year built:2026
  • Listing ID #:ML82057145
  • Added:2 day(s) ago
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:7
  • Full bathrooms:6
  • Half bathrooms:1
  • Living area:10,603 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2026
  • Building area:10,603 sq. ft.
  • Lot area:0.12 Acres
  • Foundation Description:Permanent

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$12,500,000
  • Price per sq. ft.:$1,178.91

Parking

  • Garage:Yes
  • Garage spaces:7
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