Unique opportunity to build your dream home on a rare 11,375sf lot in the most sought-after neighborhood in Palo Alto. Large, flat 65' X 175' rectangular lot. One or two-story plans possible up to legal maximum floor area of 4163sf above ground. Additionally, the lot has been mapped and prepped for a basement up to approximately 3000sf and 12' ceilings while remaining clear of the tree roots and water table. Located in the heart of Old Palo Alto, less than one mile from Palo Alto High, Greene Middle School, Walter Hayes Elementary, Stanford University, Whole Foods Market, Town & Country Village, Downtown Palo Alto, and the California Ave Business District. Easy access to Hwys 101 and 280.