Bought with Lizzeth Flores • Infinite Real Estate
$1,040,000
$899,000
15.7%For more information regarding the value of a property, please contact us for a free consultation.
1508 Bay Road East Palo Alto, CA 94303
3 Beds
2 Baths
1,230 SqFt
Key Details
Sold Price $1,040,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,230 sqft
Price per Sqft $845
MLS Listing ID ML81977462
Sold Date 10/16/24
Bedrooms 3
Full Baths 1
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1930
Lot Size 10,500 Sqft
Property Description
This secluded property is a rare find, sitting on a large, expansive lot with higher-density multifamily zoning, offering limitless potential for development. The lot is ideal for developers or investors looking to capitalize on the opportunity to build multiple units, whether multi-family residences or townhomes. The existing home features a spacious living area with hardwood floors and large windows that flood the space with natural light. The kitchen, equipped with a gas stove, leads to flexible adjacent rooms, offering a solid foundation for renovation or redevelopment. The patio doors open to a vast, fenced backyard shaded by mature trees, perfect for landscaping or outdoor gatherings. While the home needs some work, the development possibilities are endless. With easy access to Hwy 101, restaurants, shopping, and major tech companies, this property is strategically positioned for future growth and development. Dont miss the chance to explore the endless opportunities this unique lot presents. Visit and envision the future of this remarkable space.
Location
State CA
County San Mateo
Interior
Heating Wall Furnace
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Exterior
Private Pool false
Building
Story 1
Water Public
Schools
School District Sequoia Union High, Ravenswood City Elementary
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