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Open Saturday ~ Exquisitely remodeled 2028 sf, Ranch home near Stanford University.
Top Palo Alto Schools! Flexible Zoning.

417 College Avenue, Palo Alto, CA 94306

$2,998,000

Open House Saturday, 4/30/16, From 2:15 pm to 5:00 pm.

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Newly remodeled w/ LONG LIST of NEW work; $120K+. Extremely moving ready house. NW door. Very bright and airy. Offers peace & security. Walk to all places you can imagine: train, bus, grocery, banks, clinics, Stanford Univ, food, coffee, California Ave downtown, post office, park, etc. Auto-gated Driveway fits 4-5 cars. NOT IN FLOOD ZONE. Large yard. Lot of Storage inside house and in garage. About 50% NEW addition in 1996. Original 50% extensively remodeled.

UNIQUE RM30 ZONING offers FLEXIBILITY for HUGE UPSIDE POTENTIAL:
(1) Live in current house & enjoy high appreciation.
(2) Keep the front house and build a 1950 sf townhouse in back using the existing garage; SELL at Hi $.
(3) Build up to 4 condos. Rent existing immaculate house while getting permits. A 1500 sf, 3-level condo behind this house sold for $2.1M in April, 2015. Right now 4 condos each with 1000 sf can be built or 3 condos with 1350 sf can be built. Imagine the price of NEW condos at THIS LOCATION!

Listing courtesy of Realty World-XC'lent Real Estate