Views
Address
340 Palo Alto Ave, Palo Alto, CA
Price
$ 6,300,000
Property Attributes
- MLS#ML82055000
- TypeSingle Family
- Listing Status Active
- CountySANTA CLARA
- CityPalo Alto
- AreaDowntown Palo Alto
- Zip94301
- Style
- Year Built1910
- Price$ 6,300,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1120
Data Source:
MLSListings Inc.
Property Description
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. The amenity-rich location is convenient to retail and restaurant options of University Avenue and Stanford Shopping Center, Caltrain Station, major transportation arteries, and world-class Silicon Valley employers.
| Price History | |
|---|---|
| 7/21/2026 | Listed $6,300,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Utilities | Public Utilities |
| Roof | Composition,Shingle |
| Water | Public |
| Year Built | 1910 |
| Age | 116 |
| Property Subtype | Single Family Home |
| Zoning Text | R1 |
| Building Type | Detached |
| County | Santa Clara |
| Property Type | Residential |
| Full Baths | 1 |
| Special Listing Conditions | Not Applicable |
| Status | Active |
| City | PALO ALTO |
| MLS Area | Downtown Palo Alto |
| Lot Size Units | Square Feet |
| Listing Agent State License | 01934574 |
Interior Features
| Family Room | Kitchen / Family Room Combo |
|---|---|
| Dining Room | Dining Area |
| Living SqFt | 1120 |
| Total Bedrooms | 2 |
Exterior Features
| Lot Description | Grade - Level,Regular |
|---|---|
| Fencing | None |
| Parking Features | Off-Street Parking,Parking Area |
| Horse Property | No |
| Parking Spaces | 1 |
| Lot Size Area | 7200.00 |
| Maximum Lot Size | 7200.00 |
| Sewer/Septic | Sewer - Public |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 1120 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 94301
Price
Year Built
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Last updated: September 22, 2026 1:18 PM UTC Property Information © 2026 