824 San Antonio Road, Palo Alto

$15,000,000

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0.45

Acres

About 824 San Antonio Road

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.

Features of 824 San Antonio Road

MLS® # ML82055961
Price $15,000,000
Bathrooms 0.00
Acres 0.45
Year Built 1986
Type Commercial Sale
Status Active

Community Information

Address 824 San Antonio Road
Area 699 - Not Defined
City Palo Alto
County Santa Clara
Zip Code 94303

Amenities

Parking Spaces 21
Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 2

Exterior

Roof Other

Additional Information

Date Listed July 30th, 2026
Days on Market 42
Zoning CS
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKen Kho
OfficeLegacy Real Estate & Associates

Listing Map

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