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Listed by Danielle Davenport • KW Bay Area Estates
$ 2,200,000
Est. payment | /mo
9,583 Sqft Lot
$ 2,200,000
Est. payment | /mo
9,583 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID ML82022512
Lot Size 9,583 Sqft
Property Sub-Type Residential Development Land
Source MLSListings, Inc.
Property Description
Updated Price!! Attn: Developers here's your chance for a lucrative infill opportunity in the City of Cupertino, California @ 700k per door - you can make this pencil. Cupertino has an A+ rating for Best Places to Live Index, ranking #4 of 509 cities in the Safety Index and #6 to Raise a Family. This prime site is identified in the City of Cupertino's Housing Element for a streamlined planning and approval process. The site is situated on a generous 10,000 +/- square-foot lot, the property has City Services at the street and can potentially accommodate a large SFH or up to 4 new dwellings based on the Housing Element and according to the Cupertino Planning Department recommendations. Buyer must confirm all data with the City of Cupertino. Homesites command top dollar due to the location and esteemed school district, and this site in the catchment area for Lincoln Elementary, John F. Kennedy Middle School, and Monte Vista High School. The site proximity to upscale amenities, Apple, Google, Facebook, and Cisco Systems within short commuting distances and potential for increased density, make this real estate gem in Cupertino presents a rare opportunity for investors and developers alike to capitalize on the region's thriving market.
Location
State CA
County Santa Clara
Area Cupertino
Zoning R1
Exterior
Fence Other
Utilities Available Electricity - Available at Street
View None
Building
Lot Description Other
Sewer Sewer Available
Water Water Available at Street
Others
Tax ID 362-31-030
Special Listing Condition Not Applicable
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