- – beds
- – baths
- – sqft
- ~1 acre lot
- – on site
Prime Development Opportunity Bordering Palo Alto! Attention builders and developers! Dont miss this rare chance to create a brand-new residential community in one of the most desirable and strategically located areas on the Peninsula. This exceptional site offers close proximity to world-class employers including Stanford University, Stanford Hospital, Meta HQ, Amazon EPA, and the vibrant downtown Palo Alto. Also enjoy quick access to Google, LinkedIn, and other major tech campuses. Conveniently located just off University Avenue on the west side of Highway 101, this property borders Palo Alto and is within the sought-after Menlo-Atherton High School district. A recent conceptual yield study suggests the potential to develop 3334 townhomes or 44 apartment units (buyer to verify with city). Previously operated as a mobile home park, the site once had full utility hookups, which were removed after the park was officially closed--creating a potential opportunity for utility credits through the City of East Palo Alto. This flat, well-positioned parcel is ready for transformation. Act now to capitalize on this rare development opportunity in the heart of Silicon Valley.
Last checked:
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Last updated Jun 10, 2025
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MLS# ML82010330 —
This property is listed in more than one place. See it here, and here.
Location
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Directions:From US-101 N, Exit on Embarcadero Rd.. Left on Embarcadero Rd.. Take W Bayshore Rd. to Woodland Ave., Left at University Ave., Right on Woodland Ave..
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Latitude:37.45368337
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Longitude:-122.13056691
The Property
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Property Type:Land
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Zoning:R-MD-1
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Lot Features:Level
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Lot Size Area:49048.5600
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Lot Size Acres:1.1260
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Lot Size SqFt:49048.56
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Lot Size Source:Other
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:063501010
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Association:No
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Assessments:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/9/25
Jun 9, 2025
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Listed / Active | CRMLS_CA | $6,399,000 | |
4/2/24
Apr 2, 2024
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Listed / Active | MLSLISTINGS | ||
5/6/23
May 6, 2023
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Price Changed | CRMLS_CA |