276.328.0034
Home ›
(more Expand breadcrumb navigation)
California ›
Palo Alto, Ca ›
94303 ›
1033 Amarillo AVE

1033 Amarillo AVE Palo Alto, CA 94303

Single Family Detached MLS #: ML81953716 Courtesy Of Keller Williams Peninsula Estates

$6,298,000

7 beds | 4 baths | 3,276 sq ft
Print property details Share
Estimated monthly payments: $27,531/mo.* (recalculate)
Contact Contact Office

Property InformationDescription

Discover an extraordinary opportunity in Palo Alto's vibrant midtown: a sprawling 21k sq ft property, one of the area's largest and most desirable lots. This unique offering includes 4 charming cottages: three 2-bed, 1-bath, and one 1-bed, 1-bath homes, complete with 5 garages, blending cozy living with vast development potential. Just got voted and approved for subdivision into two 10k sq ft lots, the site is ripe for the creation of two luxurious single-family homes, potentially spanning 5,000 sq ft each. The flexibility extends to the option of constructing two 4,000 sq ft main residences plus two expansive 1,200 sq ft ADUs, potentially leveraging the latest AB 1033 bill allowing ADUs to be sold as separate condos. This opens the door to transforming the property into four distinct units, with a resale value potential of $15-20M. The proposed development offers an exceptional profit margin, all within a prime location near Stanford University, Downtown Palo Alto, and top rated schools.

Features

  • Age: Over 50 Years Old
  • Appliances: Oven - Gas
  • Architecture Style: Other
  • Cooling System: None
  • Floor Covering: Carpet, Hardwood, Laminate, Tile, Wood
  • Lot Size: 0.48 Acres
  • Roof Type: Composition Shingle
  • Rooms: Bedroom, Dining Room, Family Room, Full Bath, Kitchen

VIDEOS AND TOURS

MAP & DIRECTIONS

MAP & DIRECTIONS

Get Directions
1033 Amarillo AVE, Palo Alto, CA 94303
View Directions

School Information

1033 Amarillo AVE, Palo Alto, CA 94303

Elementary School
Grades KG-5 | Public School
PALO VERDE ELEMENTARY SCHOOL
Palo Alto, CA 94303
3450 Louis Rd
650.­856.1672
Distance: 0.9 mi
School Rating
A
Student:Teacher Ratio
19:1
Total Students
337
Middle School
Grades 6-8 | Public School
JANE LATHROP STANFORD MIDDLE SCHOOL
Palo Alto, CA 94306
480 E Meadow Dr
650.­856.5188
Distance: 1.5 mi
School Rating
A
Student:Teacher Ratio
15:1
Total Students
987
High School
Grades 9-12 | Public School
PALO ALTO HIGH SCHOOL
Palo Alto, CA 94301
50 Embarcadero Rd
650.­329.3701
Distance: 1.9 mi
School Rating
A
Student:Teacher Ratio
18:1
Total Students
2085
Other Nearby Schools Distance Type Grades School Rating
Ohlone Elementary School 0.2 mi Public KG-5 A
Emerson School 0.3 mi Private KG-8
Hope Technology School 0.4 mi Private PK-12
Stratford School - Palo Alto 0.5 mi Private PK-7
Fusion Academy - Palo Alto 0.6 mi Private 7-12
Frank S. Greene Jr Middle School 0.7 mi Public 6-8 A-
International School Of The Peninsula 0.8 mi Private PK-8
The Girls' Middle School 0.8 mi Private 6-8
Duveneck Elementary School 0.9 mi Public KG-5 A-
International School Of The Peninsula 1.1 mi Private PK-KG
Walter Hays Elementary School 1.2 mi Public KG-5 A
El Carmelo Elementary School 1.2 mi Public KG-5 B+
St Elizabeth Seton School 1.3 mi Private PK-8
Fairmeadow Elementary School 1.4 mi Public KG-5 A-
Tru School 1.4 mi Private KG-5
Los Robles-ronald Mcnair Academy 1.5 mi Public KG-5 F
The Primary School - East Palo Alto 1.5 mi Private KG-2
Brentwood Academy 1.5 mi Public KG-5
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Palo Alto, CA 94303

Median Age: 37.4
Married: 59%
Number of Households: 13,796
Households with Children: 43.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
An Equal Opportunity Company
Copyright © 2024 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.