No supra box until 12/2. Please schedule showings after 12/2. 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.
Sold for $3,220,000
$3,220,000
1031 Amarillo Ave, Palo Alto, CA 94303
4beds
1,736sqft
Single Family Residence, Residential
Built in 1947
10,661 Square Feet Lot
$-- Zestimate®
$1,855/sqft
$6,807 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,807/mo
Zestimate® history
Owner options
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$6,807/mo
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$6,807/mo
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$20,418/mo
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List your homeWhat's special
Private yardClassic charmUpdated kitchensInside laundryTwo well-maintained existing cottagesA crisp white palette
Zillow last checked:
Listing updated:
Listed by:
Annie Watson 01964881 650-380-9898,
Coldwell Banker Realty 650-325-6161
Bought with:
Son Binh Tong, 01400993
Lendson
Source: MLSListings Inc,MLS#: ML82026490
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Dining room
- Features: DiningArea
Family room
- Features: NoFamilyRoom
Kitchen
- Features: Countertop_SolidSurfceCorian
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Dishwasher, Gas Oven/Range, Refrigerator, Washer/Dryer
- Laundry: Inside
Features
- Flooring: Carpet, Hardwood, Other, Tile
Interior area
- Total structure area: 1,736
- Total interior livable area: 1,736 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached, Parking Area
- Garage spaces: 2
Features
- Stories: 1
Lot
- Size: 10,661 Square Feet
Details
- Parcel number: 12702006
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Palo Alto
Financial & listing details
- Price per square foot: $1,855/sqft
- Tax assessed value: $187,213
- Date on market: 11/1/2025
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 1/7/2026 | Sold | $3,220,000-7.7%$1,855/sqft |
Source:  MLSListings Inc #ML82026490 Report a problem | ||
| 12/2/2025 | Pending sale | $3,488,000$2,009/sqft |
Source: MLSListings Inc #ML82026490 Report a problem | ||
| 11/1/2025 | Listed for sale | $3,488,000$2,009/sqft |
Source: MLSListings Inc #ML82026490 Report a problem | ||
| 8/28/2021 | Listing removed | -- |
Source:  MLSListings Inc Report a problem | ||
| 8/10/2021 | Price change | $3,995-1.4%$2/sqft |
Source: MLSListings Inc #ML81854463 Report a problem | ||
| 7/30/2021 | Price change | $4,050-6.9%$2/sqft |
Source: MLSListings Inc #ML81854463 Report a problem | ||
| 7/20/2021 | Listed for rent | $4,350+2.4%$3/sqft |
Source: MLSListings Inc #ML81854463 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 2/3/2019 | Listing removed | $4,250$2/sqft |
Source: Owner Report a problem | ||
| 1/22/2019 | Listed for rent | $4,250$2/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2020 | -- | $187,213 |
| 2019 | -- | $187,213 |
| 2018 | -- | $187,213 |
| 2017 | -- | $187,213 |
| 2016 | -- | $187,213 |
| 2015 | -- | $187,213 |
| 2014 | -- | $187,213 |
| 2013 | -- | $187,213 |
| 2012 | -- | $187,213 +2% |
| 2011 | -- | $183,543 +0.8% |
| 2010 | -- | $182,172 -0.2% |
| 2009 | -- | $182,606 +2% |
| 2008 | -- | $179,026 +2% |
| 2007 | -- | $175,517 |
Find assessor info on the county website
Neighborhood: Midtown
Nearby homes
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- $3,100,0004 bd3 ba2.1k sqft2640 Elmdale Ct, Palo Alto, CA 94303Sold
Nearby schools
GreatSchools rating
- 8/10Palo Verde Elementary SchoolGrades: K-5Distance: 0.9 mi
- 10/10Jane Lathrop Stanford Middle SchoolGrades: 6-8Distance: 1.4 mi
- 10/10Palo Alto High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: PaloVerdeElementary_1
- Middle: JaneLathropStanfordMiddle
- High: PaloAltoHigh
- District: PaloAltoUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- California
- Santa Clara County
- Palo Alto
- 94303
- Midtown
- 1031 Amarillo Ave
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Nearby neighborhoods
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