$15,000,000
824 San Antonio RD
Palo Alto, CA, 94303
Property Description
Rare opportunity to acquire a fully entitled luxury senior living development site in Palo Alto, in the heart of Silicon Valley. Approved for a boutique luxury senior living community comprising 27 senior living units, including Independent Living residences and Assisted Living accommodations, together with approximately 3,000 square feet of ground-floor commercial space. Years of planning, design, and entitlement work have been completed, allowing a purchaser to move directly toward permitting and construction. Ideally situated near Stanford University and Stanford Health Care, with convenient access to the region’s premier medical, research, and technology institutions. Located in one of the nation’s most affluent and supply-constrained senior housing markets, where opportunities for new senior living development are exceptionally limited. Strong demographic fundamentals and significant barriers to entry create a compelling long-term investment opportunity. Ideal for senior housing developers, healthcare organizations, family offices, institutional investors, or other qualified buyers seeking a premier development opportunity. Confidentiality agreement required for access to detailed information.
Property Details
Price:
$15,000,000
MLS #:
ML82055961
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Jul 30, 2026
Total Sq Ft:
8,370
Lot Size:
19,412 sqft / 0.45 acres (approx)
Year Built:
1986
Schools
Interior
Cooling
CA
Heating
CF
Exterior
Parking Spots
21
Parking Total
21
Roof
OTH
Financial
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Courtesy of Legacy Real Estate & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 824 San Antonio RD
Palo Alto, CA






































