SoldMar 27, 2026

Listed and Bought with Joshua Johnson from Marcus & Millichap

Source: Bay East, Contra Costa, EBRD #ML82017280

70 Encina Avenue, Palo Alto, CA, 94301

$4,995,500

12120 sq. ft.

Land

30+ days on the market

Sold: Mar 27, 2026

What's around 70 Encina Avenue

About this property

70 Encina Avenue represents the rare opportunity to obtain a fully approved and entitled development site in the heart of thriving Silicon Valley. Situated on a 0.278-acre site within the highly sought after city of Palo Alto, the subject offers the opportunity to develop an attached residential housing project in an unrivaled location. The property is adjacent to Town & Country Village, across the street from Stanford University, and a short distance from top high-tech employers, a vibrant downtown shopping district, and numerous recreation opportunities. The subject is approved for redevelopment with 10 townhouse-style residential condominiums contained in a three-story structure with at-grade parking. Floor plans include two-bedroom and three-bedroom residences. Eight of the units will be offered at market rate, with two units designated for below market rate buyers. The project is designed with private garages and direct access to all units, making it highly attractive to prospective homeowners.

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