$25,000,000

824 N San Antonio Road, Palo Alto CA, 94303

Price per sqft$515.84

Property size48,465 sqft

Property typeCommercial

Listed by Ken Kho CA DRE# 01759705 with Legacy Real Estate & Associates 510-396-5408

Overview

Active

Listed Jun 15, 2026

Updated Jul 31

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.

Additional information

MLS^® ID: ML82051160

Interior Features

Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 0.45 Acres

Also listed on MLSLISTINGS

Listed by Ken Kho CA DRE# 01759705 with Legacy Real Estate & Associates 510-396-5408

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/31/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 7/31/2026 at 4:24 AM UTC Last Checked: 4:24 AM UTC