Address not disclosed, Belmont, CA 94002
- $12,000,000
Listed by Cameron Jeffs, 650-504-2002 from Coldwell Banker Realty
(If provided) CoList: Christine Cook from Coldwell Banker Realty
- List Price
- $12,000,000
- MLS#
- ML82050896
- Status
- ACTIVE
- Zoning
- HRO-3
- Lot Size
- 4,380,829
- Neighborhood
- Belmont Woods Etc.
Property Description
A rare opportunity to acquire one of the largest remaining residential development land holdings on the San Francisco Peninsula. The property consists of approximately 100.57 gross acres situated within the City of Belmont and designated HRO-3 (Hillside Residential/Open Space) zoning. The site has been the subject of extensive engineering and planning studies, including development concepts prepared by BKF Engineers identifying two primary clustered residential development areas. The property offers the potential for a phased residential community while preserving significant permanent open space consistent with Belmont hillside development policies. The assemblage is comprised of eight parcels and benefits from proximity to established residential neighborhoods, top-rated schools, Highway 92, Interstate 280, and major Silicon Valley employment centers. Historical planning efforts and engineering studies indicate the potential for a clustered Development, subject to updated engineering, environmental review, and City approvals. The property's elevated setting offers the opportunity for premium view-oriented homesites, significant open space amenities, and a unique master-planned residential community within one of the Bay Area's most supply-constrained housing markets.
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Additional Information
- Acres
- 100.57
- Development Status
- Improvements - None, Other - Call Listing Agent, Preliminary Map, Site Plan, Unimproved Land
- Existing Crops
- None
- Fence
- Chain Link, Not Surveyed, Partial Fencing, Other
- Lot Description
- Grade - Hilly, Grade - Sloped Up
- Lot Size
- 4,380,829
- Neighborhood
- Belmont Woods Etc.
- Other Utilities
- Electricity - Available at Street, Gas - Available at Street, Public Utilities
- Parcel Access
- City Street, Unimproved
- Present Use
- Recreational, Vacant
- Sewer
- Sewer - Public, Other
- Unincorporated Yn
- Yes
- View
- Bay View, Bridge, City, Garden / Greenbelt, View of Mountains
- Zoning
- HRO-3
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