1031 Amarillo Avenue, Palo Alto, CA 94303

• 4 beds |
• 2 baths |
• 1,736 sqft

Property Description

Opportunity abounds on this more than 10,000-square-foot lot in sought-after Midtown. Residential single-family R1 zoning. Excellent Palo Alto schools. Two well-maintained existing cottages, each with its own address, private yard, and garage, create immediate options - continue with two separate rentals, live in one and rent the other, or plan entirely new construction with a luxury home and ADU. Opportunity to build for personal use or investment. A crisp white palette, updated kitchens, inside laundry, and classic charm enhance the existing cottages, making them desirable for rental income or personal use today. The location is superb just down the street from dog-friendly Greer Park, one block from acclaimed Ohlone Elementary School, and minutes to Highway 101 for easy access to all of Silicon Valley. This rare blend of space, versatility, and prime location makes this offering an exceptional opportunity for investment or future development.

Listing Status:

Active

Date Added:

November 1, 2025 at 05:00AM

Listing Office:

Coldwell Banker Realty : 650-325-6161

Listing Agent:

Annie Watson : 650-862-5506

MLS ID:

ML82026490

Interior

• General: Dining Area
• Appliances: Dishwasher
• Flooring: HardwoodTileOther
• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Parking Lot

Construction

• General: 1Slab

Location

• School District: Palo Alto Unified
• County: Santa Clara

Lot

• Zoning: R112702006

This listing courtesy of Annie Watson, Coldwell Banker Realty