9
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$12,000,000
Est. payment /mo
100.57 Acres Lot
Active
Address not disclosed Belmont, CA 94002
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82050896
HOA Y/N No
Lot Size 100.570 Acres
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning HRO-3
Interior
Fireplace No
Exterior
Fence Chain Link, Partial
View Y/N Yes
View Bay, Bridge(s), City Lights, Park/Greenbelt, Mountain(s)
Present Use Recreational
Building
Sewer Public Sewer, Other
Water Public
Schools
Middle Schools Other
High Schools Carlmont
School District Other
Others
Tax ID 045050070
Special Listing Condition Standard
Virtual Tour https://www.youtube.com/watch?v=QAZRlYGdOec
Listed by Cameron Jeffs Coldwell Banker Realty #01446257
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