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Bobby And Michelle Schaffer

sold@legacyhouserealty.com +1(951) 533-7744

$ 12,500,000

Est. payment | -/mo

7 Beds

7 Baths

10,603 SqFt

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$ 12,500,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

7 Baths

10,603 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,603 sqft

Price per Sqft $1,178

MLS Listing ID ML82057145

Bedrooms 7

Full Baths 6

Half Baths 1

HOA Y/N No

Year Built 2026

Lot Size 5,248 Sqft

Property Description

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CDC

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Garage Spaces 7.0

Garage Description 7.0

View Y/N No

Roof Type Other

Building

Story 1

Foundation Permanent

Sewer Public Sewer

New Construction No

Schools

School District Palo Alto Unified

Others

Tax ID 12016023000

Special Listing Condition Standard

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Listed by Frank De Bernardo eXp Realty of Northern California, Inc. #01211552

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 533-7744

sold@legacyhouserealty.com

Temecula , California 92592, USA

640 Waverley ST Palo Alto, CA 94301

Bobby And Michelle Schaffer

Key Details

Location

Interior

Exterior

Building

Schools

Others

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640 Waverley ST