Possibilities abound in Professorville: remodel, restore, expand or build new with shovel-ready plans & permits. Situated on a deep, well-appointed lot in prime Palo Alto, this is an exceptional opportunity for a builder or developer to acquire a fully-approved custom project with permits in hand, or ideal for an end-user to turn their Silicon Valley dreams into reality. Approved plans & permits to build 3440 sqft modern farmhouse: 5 beds, 4 baths, den/office, wine cellar, open kitchen & great room, living room- or restore & expand the existing 2-story home + additional 658 sqft ADU. Incredible natural light throughout with seamless indoor-outdoor access to the large, private backyard & expansive decks. This superb University South location offers you the very best of Palo Alto. Steps away from the community center, just blocks to University Ave & downtown. Nestled within the heart of Silicon Valley with access to outstanding Palo Alto schools, tech companies & Stanford University.