824 San Antonio RD, PALO ALTO, CA 94303

$25,000,000

bedrooms

bathrooms

square feet

Acreage

0.4456

Open Houses

year built

Full Baths

Half Baths

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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.

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MLS number: ML82049702

Listing status: Active

Listing agent: Ken Kho #01759705

Listing broker: Legacy Real Estate & Associates, ERA Powered (510) 816-3611

Last update: Friday, June 5 2026 at 7:38 p.m. EDT

Kotohomes National