Yvette Watson - Coldwell Banker Commercial Real Estate Solutions Logo
$25,000,000
( $515.84Per Sq Foot )
 $134,205 est/mo Sourced by Back At You

824 N San Antonio Road,Palo Alto, CA 94303

Palo Alto, CA 94303

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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.

Details

MLS #ML82051160
Listing TypeFor Sale
Building NameVeRa CCRC
Sub-TypeResale
StatusActive
Days On Site92
Listing Provided ByLegacy Real Estate & Associates | Ken Kho

Features

SQ Feet48,465
ZoningCS
Acreage0.45

Area Information

StateCA
CountySanta Clara
CityPalo Alto
Zip Code94303
Area699 Not Defined
Listing VS Median (in 94303)
Price:
$25,000,000
low | high
Med:
$15,000,000
90% of Average
sqft:
48,465
low | high
Med:
8,370
100% of Average
$ / sqft:
$516
low | high
Med:
$1,792
100% of Average
On site:
92
low | high
Med:
48
100% of Average
Sourced by Back At You

Market Activity 94303

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Additional Information

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Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountySanta Clara
CityPalo Alto
Zip Code94303
Area699 Not Defined
Listing VS Median (in 94303)
Price:
$25,000,000
low | high
Med:
$15,000,000
90% of Average
sqft:
48,465
low | high
Med:
8,370
100% of Average
$ / sqft:
$516
low | high
Med:
$1,792
100% of Average
On site:
92
low | high
Med:
48
100% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 11:22:04 PM PDT

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions