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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

824 San Antonio Road, Palo Alto – $15,000,000

  • $15M Price
  • .45 Acres
  • 2 DOM
  • $15M Price
  • .45 Acres
  • 2 DOM

824 San Antonio Road

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.

Essential Information

  • MLS® #ML82055961
  • Price$15,000,000
  • Bathrooms0.00
  • Acres0.45
  • Year Built1986
  • TypeCommercial Sale
  • StatusActive

Community Information

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

Amenities

  • Parking Spaces21

Interior

  • HeatingCentral
  • CoolingCentral Air
  • # of Stories2

Exterior

  • RoofOther

Additional Information

  • Date ListedJuly 30th, 2026
  • Days on Market2
  • 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 August 1st, 2026 at 8:56pm 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.