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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

824 San Antonio Road, Palo Alto – $25,000,000

  • $25M Price
  • .45 Acres
  • 43 DOM
  • $25M Price
  • .45 Acres
  • 43 DOM

824 San Antonio Road

Rare opportunity involving VeRa, a proposed boutique luxury Continuing Care Retirement Community (CCRC) in Palo Alto, California. Fully entitled 27-residence community designed to serve affluent seniors seeking a personalized, hospitality-driven environment with continuity of care. Planned community includes Independent Living and Assisted Living residences, ground-floor commercial space, and a purpose-built luxury senior living facility in one of the most affluent and supply-constrained senior housing markets in the United States. Ownership is seeking an experienced senior living operator, healthcare-related group, hospitality-oriented organization, or other qualified strategic participant for up to approximately 45% participation in the operating business platform. Entitlements approved and permitting in process. Significant barriers to entry, strong demographic fundamentals, and luxury positioning create a unique opportunity within the senior housing sector. Confidentiality agreement required for access to detailed information.

Essential Information

  • MLS® #ML82051160
  • Price$25,000,000
  • Bathrooms0.00
  • Acres0.45
  • TypeBusiness Opportunity
  • StatusActive

Community Information

  • Address824 San Antonio Road
  • Area699 - Not Defined
  • CityPalo Alto
  • CountySanta Clara
  • Zip Code94303

Additional Information

  • Date ListedJune 15th, 2026
  • Days on Market43
  • ZoningCS

Listing Details

  • AgentKen Kho

Office

Legacy Real Estate & Associates

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Ken Kho, Legacy Real Estate & Associates.

Based on information from California Regional Multiple Listing Service, Inc. as of July 28th, 2026 at 6:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.