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$ 5,800,000
Est. payment | /mo
19.75 Acres Lot
$ 5,800,000
Est. payment | /mo
19.75 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82028983
HOA Y/N No
Lot Size 19.750 Acres
Property Description
*NEW PRICE* RARE Peninsula Offering! One of the Last Open Parcels for Possible Luxury Development! Extraordinary opportunity to acquire last remaining open tract of land! Bucolic setting, sweeping natural beauty, unmatched future potential. This serene property of approximately 19.75 acres may offer the possibility to create 7 to 8 parcels, each envisioned for a luxury estate home+ ADU. Buyer can choose to pursue and qualify under Cal. SB9, a parcel could potentially accommodate 2luxury estate homes + ADUs. *No development potential has been verified. This special property could lend itself to a range of uses: multi-generational living, income opportunity, a family compound, private gated community, premium investment, or signature development, all subject to Buyer investigation & City & County Building Division approval. Part of the acreage was formerly used as a farmhouse with horse stalls & corral, enhancing the property's character & versatility. The lands natural contours, mature landscape, peaceful surroundings create an environment seldom available! Minutes to premier schools, transportation, SF/Silicon Valley, modern conveniences. A highly coveted location! Buyer must conduct their due diligence regarding buildability, development feasibility, allowable uses & lot size.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning A00000
Interior
Fireplace No
Exterior
Fence None
View Y/N No
Building
Lot Description Rolling Slope
Sewer Public Sewer
Water Other
Schools
School District Other
Others
Tax ID 043072490
Special Listing Condition Standard
Virtual Tour https://www.3900marstenave.com/
Listed by Wong Real Estate Grp KW Advisors #70010239
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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