Palo Alto, CA 94301
$12,500,000
Beds
7
Baths
7
Living Space
10,603 SqFt
Year Built
2026
Lot Size
5,250 SqFt
Days
19
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.
Listing provided courtesy ofFrank De Bernardo License 01211552 eXp Realty of Northern California, Inc.
Data provided by MLSListings Inc.
- Addison Elementary School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 640 Waverley Palo Alto, CA, several parks offer recreational opportunities. Johnson Park, located at 268 Waverly St, is a 2.5-acre neighborhood park with picnic tables, basketball courts, and walking trails. Heritage Park, situated at Homer Avenue and Waverly Street, is Palo Alto's newest park at 2.01 acres and features open grass areas. Mitchell Park, a larger 21.4-acre park, offers a wide range of amenities including playgrounds, tennis courts, and walking trails.
The property at 640 Waverley Street is located in the University South neighborhood of Palo Alto. This area is characterized by its proximity to downtown Palo Alto and University Avenue, offering a mix of residential and commercial spaces. The neighborhood provides access to various local businesses, including boutiques, bakeries, and restaurants, as well as larger retail centers like Stanford Shopping Center. Community events such as farmers' markets and holiday celebrations contribute to the local character.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 30 out of 100, suggesting limited public transportation options. Nearby transit includes bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC and various Caltrain rail lines including Local Weekend, Local Weekday, Limited, Express, Bullet, and Local.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Addison Elementary School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 640 Waverley Palo Alto, CA, several parks offer recreational opportunities. Johnson Park, located at 268 Waverly St, is a 2.5-acre neighborhood park with picnic tables, basketball courts, and walking trails. Heritage Park, situated at Homer Avenue and Waverly Street, is Palo Alto's newest park at 2.01 acres and features open grass areas. Mitchell Park, a larger 21.4-acre park, offers a wide range of amenities including playgrounds, tennis courts, and walking trails.
The property at 640 Waverley Street is located in the University South neighborhood of Palo Alto. This area is characterized by its proximity to downtown Palo Alto and University Avenue, offering a mix of residential and commercial spaces. The neighborhood provides access to various local businesses, including boutiques, bakeries, and restaurants, as well as larger retail centers like Stanford Shopping Center. Community events such as farmers' markets and holiday celebrations contribute to the local character.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 30 out of 100, suggesting limited public transportation options. Nearby transit includes bus lines such as the 21 Stanford Shopping Ctr - Santa Clara TC and various Caltrain rail lines including Local Weekend, Local Weekday, Limited, Express, Bullet, and Local.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
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