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Listed by Kevin Kretzmer • SYL Realty
$1,695,000
Est. payment /mo
0.59 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25060303
Originating Board California Regional MLS
Lot Size 0.593 Acres
Property Sub-Type Other Residential Land
Property Description
Rare opportunity to build in one of San Jose's most desirable neighborhoods! This newly subdivided 25,850 sq. ft. (over half an acre) lot in Almaden Valley offers stunning views of the Santa Cruz Mountains and city. With a flat lot and no major trees impeding construction, this site is primed for development. This lot was subdivided using SB 9 and the buyer can use SB 9 to build by-right with no CEQA review or public comment! The City of San Jose has to review SB 9 projects in under 60 days! This is an incredible investment or dream home opportunity. Build: One expansive single-family home with the R-1 floor area ratio allowing up to 11,632 sq. ft! Two luxury 5,000+ sq. ft. homes on the lot A primary residence + 1,200 sq. ft. ADU, with the option to sell the ADU separately under San Jose's AB 1033 regulations A chance to build in a sought-after community-don't miss out! Update: Due to High Demand, Offer Deadline will be Next Tuesday, April 1st, at 3pm. NOTE: 1135 Grimley Lane Home is not for sale. The Lot has been subdivided and the newly created lot is for sale. Again, Home is is not included in the sale.
Location
State CA
County Santa Clara
Area Sjos - San Jose
Zoning D1
Exterior
View Hills
Building
Water District - Public
Others
Tax ID 58311017
Special Listing Condition Not Applicable
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