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

Palo Alto, CA, 94303
$ 25,000,000
Bedrooms-- Baths-- Sq 48,465

Monthly Estimate*

$ 153,929

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Commercial Property for sale in Palo Alto, CA

for $25,000,000. This 48,465 square foot building was built on a lot size of 0.45.

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.

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Commercial Active

Price

$ 25,000,000

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.45

Town/City

Palo Alto

County/Region

Santa Clara

MLS | Web ID

ML82049702

Features
General
Living Area 48465
Sewer Public Sewer
Heating Forced Air
Roof Other
Zoning CS
Property Subtype Business
County Santa Clara
Property Type Business Opportunity
HOA false
Garage Y/N false
Status Active
Directions US101 > San Antonio Rd exit
City Palo Alto
MLS Area Listing
Lot Size Square Feet 19412
Standard Status Active
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Interior
Interior Amenities Elevator
Heating Y/N true
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Exterior
Parking Features Assigned
Water Source Public
Lot Size Area 19602
Building Area Total 48465
Lot Size Acres 0.45
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* Excluded Features
List By
Ken Kho

Listing Agent

Legacy Real Estate & Associates

Broker

ken@kho.net

Email

Affordability Calculator

$153,929
Per Month
100%
0%
0%
Monthly Principal & Interest
$153,929
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$25,000,000 Listed Price

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824 San Antonio Road, Palo Alto, CA, 94303 is a Commercial Property for sale at $25,000,000 with 48,465 sqft and a lot size of 0.45. The property's zip code is 94303 which is in Palo Alto, CA