640 Waverley Street, Palo Alto, CA 94301

About this home

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution.The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets. 640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

Property details

Property type

Other

Year built

2026

Lot size

5,250 sqft

Garage spaces

7

Stories

1

County

Santa Clara

Listed

1 day ago

MLS #

82057145

Listed by

Frank De Bernardo · eXp Realty of Northern California, Inc.

Features

• Attached Garage
• Central Forced Air
• Central AC
• Other
• Controlled / Secured Access
• Elevator / Lift
• Wheelchair Access
• Public Utilities
• Sewer - Public
• Individual Water Meter

Location

Approximate location based on the listing address.