4065 2nd ST Palo Alto CA 94306 MLS #ML82043119

Rare opportunity to secure prime lot with exceptional expansion or new construction potential. Located in the highly desirable Charleston Meadow neighborhood of Palo Alto with access to top-rated Henry M. Gunn High School. The home has been refreshed with interior & exterior paint throughout, low maintnance landscaped yards, easily move-in ready with light cosmetic remodeling, design it with the style best match your taste. Seller has already partnered with architect to provide thoughtfully designed addition and new construction proposals, offering three tailored pathways to match your vision and timeline: 1. Move-in with a quick cosmetic remodel that suits your style. 2. Expand ~751sqft Addition: Enhance the existing home with a proposed ~751 sqft addition, creating a single-story 4 bed, 3 bath residence totaling ~1,801 sqft living space. 3. Rebuild new construction: Build a brand-new 2-story luxury home (~2,608 sqft total living), featuring a 4 bed, 3 bath main residence plus an attached 1 bed, 1 bath ADU (~578 sqft). A unique opportunity combining move-in readiness, top-tier schools, and clearly defined development pathwaysallowing you to live, expand, or build new in one of Palo Altos most sought-after neighborhoods.