$25,000,000
About this home
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.
Facts & features
- Bathrooms
- 0
- Lot size
- 0.446 acres (19,412 sq ft)
- Area
- 699 - Not Defined
- County
- Santa Clara
- Status
- Active
- Property type
- Business Opportunity
- Days on market
- 1
- Listed
- 2026-06-15
- Parcel #
- 14703040
- MLS #
- ML82051160