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.
MLS #
ML82017280
MLS Source
MLSListings, Inc.
Days on Site
11
Development Status
Site Plan Approved
Existing Structures
None
Fencing
ChainLink, CompletePerimeter
Lot Description
Grade - Level
Utilities
Public Utilities, Available - Not On Site, Public Utilities, Water - Public
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
CC
70 Encina Ave is in Palo Alto, CA 94301. This Land is currently priced at $8,650,000.
This address can also be written as 70 Encina Ave, Palo Alto, CA 94301.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of August 07, 2025. For the most current information, please contact Joshua Johnson, (650) 391-1784