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2262 Louis Road, Palo Alto, California 94303, Palo Alto, 94303 - 7 bed, 4 bath

2262 Louis Road, Palo Alto, California 94303 home-pic-0
ACTIVE UNDER CONTRACT$9,998,000
2262 Louis Road, Palo Alto, California 94303
7Beds
4Baths
2,960Sqft
38,911Lot
Year Built
1944
Close
-
List price
$10M
Original List price
$10M
Price/Sqft
$3,378
HOA
-
Days on market
102 Days
Sold On
2026-02-24
MLS number
ML82027667
Home ConditionTear down
Features
Patio
View-

About this home

We found 4 Cons,6 Pros. Rank: price - $10.00M(98th), sqft - 2960(86th), beds - 7(96th), baths - 4(84th).

Welcome to one of the largest residentially zoned lots in Palo Alto. 4 residences totaling 2,960 SF. (3) 2 Bed/ 1 Bath Homes - 804 SF each. (1) 1 Bed/ 1 bath Home 548 SF. Truly exceptional flag lot boasts 38,911 square feet. Nearly an acre tucked in Leland Manor near the amenities of Midtown Palo Alto. Bring your architect and dreams. Dense privacy landscaping on parcel perimeter. Nestled far from the road for great peacefulness and unrivaled privacy. Cherish an amazing Palo Alto lifestyle. Picturesque Palo Alto neighborhood. Walk to Midtown restaurants, cafes, shops, Greer Park, Rinconada Park and the Rinconada Library. Amazing commute location to Alphabet, Meta & Sandhill Road. Easy access to I-101, Page Mill Road, Foothill Expressway, El Camino Real and Highway 280. World-renowned Palo Alto schools: Walter Hays Elementary, Franke S. Greene Jr. Middle and Palo Alto High.

Price History

Date
Event
Price
11/14/25
Listing
$9,998,000
Condition Rating
Tear down
Built in 1944, the four residences are explicitly described as 'likely dated' and the property's 'primary value lies in its land and redevelopment potential, requiring significant investment.' The exterior images show older, basic structures with no visible modern updates. The absence of interior photos, combined with the listing's emphasis on land value and redevelopment, strongly suggests the existing structures are considered beyond practical renovation and are essentially tear-down candidates, with value derived from the large lot.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38911, living area = 2960.
Exceptional Lot Size & Development Potential: Boasting nearly an acre (38,911 sqft), this is one of Palo Alto's largest residentially zoned lots, offering unparalleled development or expansion opportunities.
Prime Palo Alto Location & Top Schools: Situated in a highly desirable Palo Alto neighborhood with access to world-renowned schools (Walter Hays, Greene, Palo Alto High).
Multiple Residences & Income Potential: Features four existing residences (3x 2B/1B, 1x 1B/1B), providing immediate rental income, multi-generational living options, or flexible use during future development.
Unrivaled Privacy & Peaceful Setting: A flag lot design combined with dense perimeter landscaping ensures exceptional privacy and a tranquil environment, set far back from the road.
Excellent Walkability & Commute Access: Enjoy convenient walking access to Midtown amenities, parks, and an ideal commute location to major tech employers (Alphabet, Meta) and key freeways.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2960, other record living area = 548. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 1.
Age of Structures & Redevelopment Focus: Built in 1944, the existing four residences are likely dated, implying that the property's primary value lies in its land and redevelopment potential, requiring significant investment.
High Price Point: The nearly $10 million list price positions this as a premium investment, naturally limiting the pool of prospective buyers.
Extended Days on Market: With 102 days on market, the property has experienced a longer sales cycle, potentially indicating market resistance to the current price or the specific nature of the offering.

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