Home | Santa Clara County | Palo Alto | 94301 | 340 Palo Alto Ave
MLS: ML82055000 | Status: Active | Price: $6,300,000
Beds/Baths: 2 / 1
Property Type: Residential
| Beds | Bath | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 2 | 1 | 1,120 | 7,200 | 1910 |
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.
| Field | Value |
|---|---|
| MLS # | ML82055000 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Dining Room | Dining Area |
| Family Room | Kitchen/Family Room Combo |
| Cooling | None |
| Heating | Forced Air |
| Feature | Details |
|---|---|
| Roof | Composition, Shingle |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Off-Street Parking, Parking Area, Garage: 0 Car(s) |
| Elementary District | Palo Alto Unified |
| High School District | Palo Alto Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R1 |
Joel Hopman
Newmark Cornish & Carey
License #: 01934574
Phone: (415) 722-2200
School data provided by GreatSchools.org
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| 1342 N Lemon Ave | $5,195,000 | 5 | 3 | 2,420 | Active |
| 559 Placitas Ave | $6,249,000 | 5 | 4/1 | 5,000 | Active |
| 145 Gloria Cir | $5,588,000 | 4 | 3/1 | 3,040 | Active |
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This listing information is up-to-date as of July 21, 2026. For the most current information, please contact Joel Hopman, (415) 722-2200.