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… Read More 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. Read Less
Courtesy of Coldwell Banker Realty, Cameron Jeffs 650-504-2002
Listing Snapshot
Days Online
0
Last Updated
Property Type
Residential Development Land
Lot Size
100.57 Acres
MLS Number
ML82050896
30 Days Snapshot Of 94002
$2.10M
-13%
(avg) sold price
23
+43%
homes sold
21
-19%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 4380829.00, Max Area Units: Square Feet, 100.56999540863 lot acres, Grade - Hilly, Grade - Sloped Up
Property Access
City Street, Unimproved
Property
Zoning: HRO-3, Present use: Recreational, Vacant, View: Bay, Bridge, City, Garden / Greenbelt, Mountains, Soil: Unknown
Fence
Chain Link, Not Surveyed, Partial Fencing, Other
Water Features
Public
Utilities
Electricity - Available at Street, Gas - Available at Street, Public Utilities
Sewer
Sewer - Public, Other
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