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Listed by Kevin Kretzmer • TurboHome Brokerage Inc.
$1,695,000
Est. payment /mo
25,850 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Square Footage 25,850 sqft
Price per Sqft $65
MLS Listing ID CRSB25060303
HOA Y/N No
Lot Size 0.593 Acres
Property Sub-Type Unimproved Land
Source Datashare California Regional
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
Interior
Fireplace No
Exterior
View Mountain(s)
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613