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1033 Amarillo Avenue

Palo Alto, CA 94303

~ Unique Opportunity on Exceptionally Large Lot ~

• Deep 54’x190’ Lot

• Exceptional Potential for High-End Development

• Desirable Location

• Expansive Back Yard

• Two Well-Maintained Cottages

• Subdivision of Original 109’x190’ Parcel in Process

• Award-Winning Palo Alto Schools

• Walking Distance to Ohlone Elementary School

This residential property on a deep 54’x190’ lot is one of a kind. Nestled on a peaceful street, this is your

perfect opportunity to build your dream luxury estate complete with an ADU, ideal for multigenerational

living, or build multiple homes. The expansive back yard awaits your design to be transformed into your

very own oasis with enough space for a pool, large patio, summer kitchen, and even a sports court, with

no significant or heritage trees to plan around.

This sought-after location is minutes away from Midtown as well as Town and Country Shopping Center.

You can walk to Greer Park and to elementary choice programs including Mandarin immersion at

Ohlone school (check with Palo Alto Unified School District for admission requirements.) The easy access

to Caltrain, Stanford, 101, commute routes & leading tech campuses such as Apple, Google and Meta

makes it appealing to renters to generate income as investment or during the development planning

phase.

This property currently includes two charming, well-maintained, 2-bed/1-bath cottages with spacious

individual private yards, and a shared garage. They all share the driveway and the common lawn in the

back. Every unit features hardwood floors, tiled kitchens and bathrooms, inside laundry rooms, updated

galley kitchens with quartz counter tops, gas range and dishwasher.

The original massive 109’x190’ parcel (the largest in South Palo Alto east of Midtown) is in the process of

being subdivided down the middle to increase development opportunities. This listing is for 1033

Amarillo, on the left side of the current driveway. Buyers should research ADU and Common Interest

regulations to maximize profit. Investors can purchase either or both adjacent lots to increase

development opportunities (contact listing agent).

Don’t miss this exceptional property in a desirable location, with potential galore!

1033 Amarillo Ave
Palo Alto, CA 94303
Annie Watson
Coldwell Banker
6503809898
DRE #01964881
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