Opportunities abound in this 2,316sf Professorville home! Built in 1900 in one of Palo Alto's most desirable neighborhoods, its plaster walls gracefully transition into the high coved ceilings throughout the ground level. Built-in cabinetry and vintage trim convey the grace of years gone by, while the floorplan is conducive to a large kitchen and large primary suite. The current 3 bedroom, 2 bath, 2 fireplace layout is an invitation to your creative genius to unlock value. Developer highlights include -- The property's FAR is a whopping 2,745sf, far in excess of today's allowance of 2,070 -- Options to add a basement, ADU, and JADU mean over 4,000sf is possible -- Great foundation, great stucco, recently replaced roof, gutters & downsprouts -- Not historic per City of Palo Alto -- Not in Professorville Historic District -- Not in the flood zone. Situated on a quiet residential street, just blocks from downtown shops and restaurants, and mere houses away from the highly regarded Addison Elementary, this location allows easy access to Stanford University, Silicon Valley employers, and award-winning Palo Alto schools.
MLS #
ML82026149
MLS Source
MLSListings, Inc.
Days on Site
2
Bedrooms
Walk-in Closet, More than One Bedroom on Ground Floor
Bathrooms
Tub, Full on Ground Floor
Appliances
Freezer, Oven - Gas, Oven Range, Refrigerator, Washer
Dining Room
Formal Dining Room
Family Room
Separate Family Room
Fireplace
Family Room, Living Room
Flooring
Carpet, Vinyl/Linoleum, Wood
Cooling
None
Heating
Central Forced Air - Gas
Roof
Composition, Shingle
Foundation
Concrete Perimeter, Slab, Crawl Space
Pool
None
Style
Traditional
Garage/Parking
Detached, On Street, Garage: 2 Car(s)
Elementary District
Palo Alto Unified
High School District
Palo Alto Unified
Sewer
Public Sewer
Water
Public
Zoning
R1
566 Addison Ave is a Single Family Residence in Palo Alto, CA 94301. This 2,316 square foot property sits on a 4,600 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $3,000,000 and was built in 1900. This address can also be written as 566 Addison Ave, Palo Alto, CA 94301.
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This listing information is up-to-date as of December 03, 2025. For the most current information, please contact Young Platinum Group, (650) 862-2122