Views
Address
340 Palo Alto Ave, Palo Alto, CA
Price
$ 6,300,000
Property Attributes
- ID#ML82055000
- TypeSingle Family
- Listing Status Active
- CountySANTA CLARA
- CityPalo Alto
- AreaDowntown Palo Alto
- Zip94301
- Style
- Year Built1910
- Price$ 6,300,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1120
Data Source:
MLSListings Inc.
Property Description
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.
| Price History | |
|---|---|
| 7/21/2026 | Listed $6,300,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Utilities | Public Utilities |
| Roof | Composition,Shingle |
| Water | Public |
| Year Built | 1910 |
| Age | 116 |
| Property Subtype | Single Family Home |
| Zoning Text | R1 |
| Building Type | Detached |
| County | Santa Clara |
| Property Type | Residential |
| Full Baths | 1 |
| Special Listing Conditions | Not Applicable |
| Status | Active |
| City | PALO ALTO |
| MLS Area | Downtown Palo Alto |
| Lot Size Units | Square Feet |
| Listing Agent State License | 01934574 |
Interior Features
| Family Room | Kitchen / Family Room Combo |
|---|---|
| Dining Room | Dining Area |
| Living SqFt | 1120 |
| Total Bedrooms | 2 |
Exterior Features
| Lot Description | Grade - Level,Regular |
|---|---|
| Fencing | None |
| Parking Features | Off-Street Parking,Parking Area |
| Horse Property | No |
| Parking Spaces | 1 |
| Lot Size Area | 7200.00 |
| Maximum Lot Size | 7200.00 |
| Sewer/Septic | Sewer - Public |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 1120 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 94301
Price
Year Built
Visits
Last updated: September 23, 2026 10:33 AM UTC Property Information © 2026 
Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September
