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1031 Amarillo Avenue, 
Palo Alto, CA 94303

$3,488,000


4

Beds


2

Baths


1,736

Sq Ft


Single Family


Virtual Tour

Pending

Listed by

Annie Watson

Coldwell Banker Realty

650-325-6161

Last updated:

December 28, 2025, 05:47 AM

MLS#

ML82026490

Source:

CRMLS

About This Home

1031 Amarillo Avenue

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.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1947

Price Summary

3,488,000

$2,009 per Sq. Ft.

MLS #:

ML82026490

Last Updated:

December 28, 2025, 05:47 AM

Added:

1 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,736 Sq. Ft.


Structure

Structure

Building Area:

1,736 Sq. Ft.

Year Built:

1947


Lot

Lot Size (Sq. Ft):

10,659


Finances & Disclosures

Finances

Price:

$3,488,000

Price per Sq. Ft:

$2,009 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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Your message will be sent to a Coldwell Banker Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.