Virtual Tour

566 Addison AVE Palo Alto, CA 94301 Open Sat 1:30PM-4:30PM

UPDATED: 12/03/2025 08:18 PM ON SITE: 1 days on site

$3,000,000

3 Beds2 Baths2,316 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,316 sqft

Price per Sqft $1,295

MLS Listing ID ML82026149

Style Traditional

Bedrooms 3

Full Baths 2

Year Built 1900

Lot Size 4,600 Sqft

Property Sub-Type Single Family Home

Source MLSListings, Inc.

Property Description

Opportunities abound in this 2,316sf Professorville home! Built in 1900 in one of Palo Alto's most desirable neighborhoods, its plaster walls gracefully transition into the high coved ceilings throughout the ground level. Built-in cabinetry and vintage trim convey the grace of years gone by, while the floorplan is conducive to a large kitchen and large primary suite. The current 3 bedroom, 2 bath, 2 fireplace layout is an invitation to your creative genius to unlock value. Developer highlights include -- The property's FAR is a whopping 2,745sf, far in excess of today's allowance of 2,070 -- Options to add a basement, ADU, and JADU mean over 4,000sf is possible -- Great foundation, great stucco, recently replaced roof, gutters & downsprouts -- Not historic per City of Palo Alto -- Not in Professorville Historic District -- Not in the flood zone. Situated on a quiet residential street, just blocks from downtown shops and restaurants, and mere houses away from the highly regarded Addison Elementary, this location allows easy access to Stanford University, Silicon Valley employers, and award-winning Palo Alto schools.