2001 Bryant Street, Palo Alto, California 94301, Palo Alto, 94301 - 4 bed, 3 bath
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Palo Alto, California 94301
This property represents a High-Potential Investment Opportunity with a List Price of $24,000,000, positioned above the $22,895,577 Fair Market Value. While the current structure holds a Condition Rating of 6, the 31,744 sqft lot in Old Palo Alto offers unmatched redevelopment potential. With Non-Historic Designation and Conceptual Plans for a custom estate, this asset is primed for a luxury build. Located near Top-Rated Schools like Palo Alto High, this is an ideal acquisition for Luxury Developers or High-Net-Worth Owner-Occupants seeking a premier building site.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2001 Bryant Street Subject | $24,000,000* List Price | 4 | 3 | 3,061 | $7,480 | - |
A 342 Kellogg Avenue Active | $18,888,000 List Price | 5 | 4 | 2,859 | $6,607 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1947 (>70 years old) with no mention of renovations. The listing explicitly focuses on land value, 'redevelopment,' and 'building potential,' even providing conceptual plans for a new custom home, confirming the existing structure is a tear-down.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31744, living area = 3061.
High School: Palo Alto High School (9/10).
At over 31,000 square feet, this is one of the largest parcels in the prestigious Old Palo Alto neighborhood, providing rare scale for a grand main residence, guest house, and expansive private grounds.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3061, other record living area = 2417.
With a $24 million list price, the value is almost entirely in the land, requiring a buyer with substantial additional capital to fund the construction of a residence that matches the lot's potential.
While conceptual plans exist, they have not yet been submitted for city approval, meaning the buyer must navigate Palo Alto's rigorous and often lengthy permitting process before construction can begin.
Welcome to 2001 Bryant Street, a rare and remarkable opportunity to own one of the largest parcels in all of Old Palo Altoa neighborhood renowned for its tree-lined streets, architectural pedigree, and enduring prestige. Property Highlights: Expansive Lot: Among the largest in Old Palo Alto, providing ample space for a grand main residence, guest house, pool, gardens, and more. Non-Historic Designation: The property carries no historical significance, allowing for maximum design flexibility and a streamlined path to redevelopment. Preliminary Plans Available: Conceptual architectural plans for a custom home have been prepared and are available for review. These have not yet been submitted for city approval, giving buyers the freedom to personalize or pursue their own vision. Beautiful Landscaping: The lot is enhanced by mature, well-placed trees that provide shade, privacy, and natural beautywithout limiting building potential. Premier Location: Located in the heart of Old Palo Alto, surrounded by some of the areas most distinguished estates. Enjoy close proximity to top-ranked public and private schools (including Walter Hays Elementary, Greene Middle, and Palo Alto High*), as well as downtown Palo Alto, Stanford University, and world-class tech campuses.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
Grades 6-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,061 | 2,292 | 74% |
| Lot Size | 31,744 | 5,780.5 | 97% |
| Price | $24.00M | $4.29M | 97% |
| Price per sq ft | $7.8K | $2.2K | 97% |
| Built year | 1947 | 1937 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 101 | 50% |
Mar 11, 2026
$24,000,000
Initial Listing
Apr 30, 2018
$18,000,000
Public Record