Price Improved! Located in the heart of prestigious Old Palo Alto, this exceptional property offers a rare opportunity to remodel, expand, or create the custom home of your dreams in one of Silicon Valley's most sought-after neighborhoods. Set on an expansive 10,000 sq. ft. lot, the existing residence features 5 bedrooms, 3.5 baths, and approximately 2,831 sq. ft. of living space, providing a solid foundation for renovation or reimagination. The deep lot is a standout feature, offering extraordinary potential for a spectacular backyard retreat with ample room for outdoor entertaining, a pool, gardens, or play areas. Surrounded by tree-lined streets and distinguished homes, this premier location combines timeless neighborhood charm with close proximity to top-rated schools, parks, Stanford University, and the vibrant amenities of downtown Palo Alto. An exceptional opportunity to create a legacy property in one of the Peninsula's most desirable communities. Buyers to confirm schools .