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    California Regional Multiple Listing Service

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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

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    Home / Palo Alto / 340 Palo Alto Avenue
    340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 340 Palo Alto Avenue Palo Alto, CA 94301 View All Photos

    $6,300,000

    | Active

    340 Palo Alto Avenue

    Palo Alto, CA 94301

    0.17
    Acres
    5
    Days on Market
    ML82054496
    MLS#
    Land
    Structure
    Residential
    Zone
    Contact
    Listing OfficeNewmark Cornish & Carey

    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.

    Property Details
    Lot Features
    Level
    Lot Description
    Level
    Acres
    0.165
    Lot Size (sqft)
    7200.0
    Parking Spaces
    0.0
    Property Type
    Purchase
    Sewer Information
    Public Sewer
    Utility Source
    Public
    School District
    Palo Alto Unified
    Elementary School
    Other
    Middle School
    Other
    High School
    Palo Alto
    County
    Santa Clara
    Region
    Palo Alto
    Zoning
    R1
    Original List Price
    $6,300,000
    MLS #
    ML82054496
    Property Subtype
    Land
    Parcel Number
    12012045
    MLS #
    ML82054496
    Date Listed
    July 16, 2026
    Address
    340 Palo Alto Avenue
    Location
    Legal

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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

    Provided By
    Listed by Joel Hopman (#ML5067060)
    Listing Office: Newmark Cornish & Carey (#ML5009335)

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