824 San Antonio Road, Palo Alto, CA 94303
Santa Clara County
Key Facts
Description
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.
Property Information
Property Type
Business Opportunity
Sub-Type
Business
Living Area
48,465 sq ft
Lot Size
0.45 acres
Zoning
CS
Days on Market
1
MLS® Listing#
ML82051160
Property Features
Interior
Heating
Parking
Sewer
Water Source
Financial Details
HOA
None
Affordability Calculator
$5,000,000
Estimated monthly payment
$133,060/mo
Principal $20,000,000 · Est. interest $27,901,780 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Palo Alto, CA
- $1,000,000
- Median Listing Price
- 42
- Median Days on Market
- 1,568
- Median Sq Ft
- $1,250
- Median Price / Sq Ft
- 280
- Active Listings
- This home’s price is 2400% above the area median.
- Its price per sq ft is 59% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Palo Alto, CA.
Location
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Points of Interest in Palo Alto, CA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4115 El Camino Real, PALO ALTO, CA | $18,000,000 | — | — | 31,459 |
| 4115 El Camino Real, Palo Alto, CA | $18,000,000 | — | — | 31,459 |
| 4115 El Camino Real, Palo Alto, CA | $18,000,000 | — | — | 31,459 |
Moving Cost Estimate
EXIT Agents in Palo Alto
Listing Courtesy: Legacy Real Estate & Associates
Presented by: Ken Kho
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.