A rare opportunity to build your dream home in the Heart of Old Palo Alto on a 15,000 sf lot! Perfect flat lot. Per parcel map on a 15,000sf lot it can build a 5,250sf house; basement 2,805sf, ADU 678sf+120sf, attached garage 564sf. The owners have worked closely with trusted local architects to create an architectural plan of art with modern design that links exterior and interior spaces. Seller has phase 1 permit (main level, basement, garage & ADU) ready to demolish the existing house. Phase 2 plan (2nd floor) to be approved soon. Construction can start anytime at buyers expense. Buyer has option to restore the current Craftsman Tudor home that has 3,477sf with a 472sf garage. What a unique opportunity to build or remodel this property in the prestigious neighborhood in Old PA. Blocks to award-winning schools, restaurants, shopping, downtown Palo Alto, libraries, Arts Center, Stanford University, Sand Hill Road and Silicon Valley.