1031 Amarillo Avenue, Palo Alto, CA

$3,488,000

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4

Beds

2

Baths

1,736

Square feet

0.24

Acres

About 1031 Amarillo Avenue

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.

Features of 1031 Amarillo Avenue

MLS® # ML82026490
Price $3,488,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,736
Acres 0.24
Year Built 1947
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1031 Amarillo Avenue
City Palo Alto
County Santa Clara
State CA
Zip Code 94303

Amenities

Parking Parking Lot
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Dining Area
Appliances Dishwasher
Heating Wall Furnace
Cooling None
Fireplace No
# of Stories 1
Stories One Story

Exterior

Foundation Slab

School Information

District Palo Alto Unified

Additional Information

Date Listed November 1st, 2025
Zoning R1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentAnnie Watson
OfficeColdwell Banker Realty

Listing Map

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