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Listed by Kevin Chen • Elmwood Capital, DRE#02407503
$1,900,000
Est. payment /mo
7,828 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82055665
Lot Size 7,828 Sqft
Property Sub-Type Residential Development Land
Property Description
Prime development opportunity to build THREE (3) 3-bedroom single family homes in the heart of San Mateo! City approved plans for the three (3) detached homes with attached garages totaling approximately 6,017 SF. The expansive R-3 zoned 7,828 SF lot offers several exceptional development strategies. Create a brand-new detached multi-generational living compound. Live in one home, sell the other two. Or build and sell all three homes. The proposed homes are approximately 2,086, 1,990, and 1,941 SF. Conveniently located near Downtown San Mateo, Caltrain, Central Park, shopping, dining, and 101. An existing single-family home occupies the parcel. A rare opportunity to develop three (3) new detached homes in a highly desired San Mateo location.
Location
State CA
County San Mateo
Area Bowie Estate Etc.
Zoning RM0003
Exterior
Fence Other
Utilities Available Electricity - On Site, Gas - On Site
Present Use Residential
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public
Others
Tax ID 033-127-080
Horse Property No
Special Listing Condition Not Applicable
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Matt Cossell
Top 1% Realtor | License ID: 01382971
Top 1% Realtor License ID: 01382971