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640 Waverley Street
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640 Waverley Street 
$12,500,000
Offered at
Palo Alto, CA 94301
Santa Clara County
7
Beds
7
Baths
10,603
Sq Ft
5,249
Lot Sq Ft
2026
Year Built
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 &…
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.
Facts & Features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Cooling
- Cooling: Central Air
Features
- Has fireplace: No
Interior area
- Total interior livable area: 10,603 sqft
Property
Parking
- Total spaces: 0
- Attached garage spaces: 7
Features
- Has view: No
Lot
- Size: 0.12 Acres
Details
- Parcel number: 12016023000
- Zoning: CDC
Construction
Type & style
- Home type: Residential
Materials
- Foundation: Permanent
- Roof: Other
Condition
- Year built: 2026
Location
Mike Zwarg
Broker / Owner
951-528-0626
mike@mzhomes.us
mike@mzhomes.us
Listing Office: eXp Realty of Northern California, Inc. · Listing Agent: Frank De Bernardo · CRMLS
The property listing information on this website comes in part from the California Regional Multiple Listing Service (CRMLS) via Internet Data Exchange (IDX). Information is deemed reliable but is not guaranteed accurate by the MLS, and all properties are subject to prior sale, change, or withdrawal. This data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than identifying properties consumers may be interested in purchasing. Buyers should independently verify all information, including square footage, lot size, schools, and property condition.
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640 Waverley Street, Palo Alto, CA 94301
951-528-0626
mike@mzhomes.us
mzhomes.us
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