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$15,000,000 Just Listed
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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.
Full Property Details
Full Property Details for 824 San Antonio Rd
General
- Price: $15,000,000
- Status: Active
- Type: Industrial
- Source: RE_Infolink
- MLS ID: ML82055961
- Updated: Today (7/30/2026)
- Added to Site: Today
Rental Information
- Complex Features: Kitchen, Meeting Facilities, Multi-Tenant Building, Office, Restroom(s), Showroom
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Garage Spaces: 21
- Parking Features: Common Parking Area, Parking Area
Location
- Area: South Palo Alto
- County: Santa Clara
- Complex: 1
- Cross Streets: E Charleston Rd
Heating & Cooling
- Cooling Type: Central AC, Multi-Zone
- Heating Type: Central Air (Forced Air)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric, Master Gas, Master Water
Structural Information
- Foundation: Concrete Slab
- Roof: Other
- Disability Access: Parking
- Square Feet: 8,370
- Office: 5,676 Sq. Ft.
- Year Built: 1986
Lot Features
- Minimum Lot Size: 19412
- Lot Size (Sq. Ft.): 19,412
- Yard Description: 13000 Sq. Ft.
- Present Use: Business/Professional, Retail
- Zoning: CS
Disclosures and Reports
- Restrictions: Other
Listed by Legacy Real Estate & Associates, Ken Kho
Get Pre-Approved Today
Schools
Schools serving 824 San Antonio Rd
School District:Palo Alto Unified School District
| Name | Grades | Distance |
|---|---|---|
Fairmeadow Elementary School 500 East Meadow Drive, Palo Alto, CA 94306 | K-5 | 0.8 mi |
Jane Lathrop Stanford Middle School 480 East Meadow Drive, Palo Alto, CA 94306 | 6-8 | 1 mi |
Henry M. Gunn High School 780 Arastradero Road, Palo Alto, CA 94306 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 824 San Antonio Rd
Date
Details
Price
Change
Source
7/30/2026
Listed
$15,000,000
581.82%
MLS
7/13/2010
Sold
$2,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 824 San Antonio Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,457
—
$2,896,596
2%
2025
$35,457
4%
$2,839,800
2%
2024
$34,009
1%
$2,784,118
2%
2023
$33,509
1%
$2,729,528
2%
2022
$33,116
2%
$2,676,008
2%
2021
$32,460
2%
$2,623,538
1%
2020
$31,790
1%
$2,596,638
2%
2019
$31,443
3%
$2,545,724
2%
2018
$30,614
2%
$2,495,808
2%
2017
$30,077
3%
$2,446,872
2%
2016
$29,290
1%
$2,398,896
2%
2015
$29,006
2%
$2,362,864
2%
2014
$28,441
—
$2,316,580
—
2013
$28,400
—
$2,306,112
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 824 San Antonio Rd
824 San Antonio Rd, Palo Alto, CA 94303 (MLS# ML82055961) is a Industrial property. 824 San Antonio Rd is currently listed for $15,000,000 and was received on July 30, 2026. Want to learn more about 824 San Antonio Rd? Do you have questions about finding other Industrial real estate for sale in South Palo Alto? You can browse all South Palo Alto real estate or contact a Coldwell Banker agent to request more information.

