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824 San Antonio RD, Palo Alto, CA 94303
824 San Antonio RD, Palo Alto, CA 94303
824 San Antonio RD, Palo Alto, CA 94303
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Richard King

Richard King

+1(760) 515-7653
$15,000,000
Est. payment /mo
0.45 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82055961

HOA Y/N No

Year Built 1986

Lot Size 0.446 Acres

Property Description

Rare opportunity to acquire a fully entitled luxury senior living development site in Palo Alto, in the heart of Silicon Valley. Approved for a boutique luxury senior living community comprising 27 senior living units, including Independent Living residences and Assisted Living accommodations, together with approximately 3,000 square feet of ground-floor commercial space. Years of planning, design, and entitlement work have been completed, allowing a purchaser to move directly toward permitting and construction. Ideally situated near Stanford University and Stanford Health Care, with convenient access to the region's premier medical, research, and technology institutions. Located in one of the nation's most affluent and supply-constrained senior housing markets, where opportunities for new senior living development are exceptionally limited. Strong demographic fundamentals and significant barriers to entry create a compelling long-term investment opportunity. Ideal for senior housing developers, healthcare organizations, family offices, institutional investors, or other qualified buyers seeking a premier development opportunity. Confidentiality agreement required for access to detailed information.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CS

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Roof Type Other

Total Parking Spaces 21

Building

Story 2

Water Public

Others

Tax ID 14703040

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Listed by Ken Kho Legacy Real Estate & Associates #01759705

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Richard King

+1(760) 515-7653

richking760@gmail.com

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