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Lois Lane is an incredibly rare and unique opportunity to invest on a corner lot sitting on a partial cul-de-sac in a highly desirable neighborhood of Palo Alto. This property is a developer's dream, as it offers an excellent opportunity to reimagine the space and create a one-of-a-kind home. With 2,069sqft to work with, there's ample room to expand and customize to your liking. This rare corner lot sits almost 10,130sqft as the largest of its immediate neighbors and offers endless potential for redevelopment. Similar sized properties one street over value at $6M-$7M+ redeveloped. The property has been owned by the same family since it was built in 1950. This is the first time 136 Lois Lane has gone to market. As you step inside the main entrance to a tiled great room with a front fireplace and attached galley kitchen with original tile. The kitchen leads to the three bedrooms and a full bath. To the right is a large bay window that shines natural afternoon light into the formal living room with an extension to the side that can be used as an office, play room, or area for instruments. An expansive backyard that is like a blank slate. A lot of space for family, pets, and entertaining. Welcome to a world of possibilities with 136 Lois Lane. Don't miss out on this limited opportunity to create your dream home. Contact us today to schedule a viewing and see the potential for yourself.

PROPERTY FEATURES

Room Type : Den, Great Room, Family Room Appliances : Cooktop - Electric, Oven Kitchen Features : Galley Kitchen, Tile Counters, Open to Family Room Bathroom Features : Shower and Tub, Shower Stall, Tile
Water Source : District Sewer : In Street
Fencing : Wood
Patio And Porch Features : Concrete Slab, Brick Exterior Construction : Wood Siding Lot Features : Back Yard, Front Yard, Yard, Value In Land, Lawn, Street Concrete
Building Type : Detached Architectural Style : Mid-Century Property Condition : Fixer, Value Mainly In Land
Heating Type : Central Cooling Type : Central
Common Walls : Detached/No Common Walls Flooring : Ceramic Tile, Carpet, Stone Tile, Hardwood, Laminate Roof Type : Composition, Shingle Construction : Wood Siding
Laundry Features : Garage Eating Area : Living Room Number of Fireplaces : 2 Fireplace of Rooms : Gas and Wood, Wood Burning Furnished : Yes
Other Equipment: Range/Oven, Washer, Dryer Zoning Description : R1 Zoning : Seismic Hazard, Flood MLSAreaMajor : 7203 Other Structures : None

PROPERTY DETAILS

Street Address: 136 Lois Ln
City: Palo Alto
State: California
Postal Code: 94303
County: Santa Clara
MLS Number: 23257667
Year Built: 1951
Courtesy of Compass

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