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Listed by Joe N. Pollifrone • Christie's International Real Estate Sereno, DRE#00889153
$ 6,390,000
Est. payment | /mo
0.53 Acres Lot
$ 6,390,000
Est. payment | /mo
0.53 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82044071
Lot Size 0.525 Acres
Property Sub-Type Residential Development Land
Property Description
Rare... truly shovel-ready infill development opportunity in the heart of coveted Willow Glen! This fully-entitled 5 lot residential subdivision comes with a complete, City-approved permit package eliminating the two most costly hurdles in any infill project: entitlement risk and infrastructure planning. Builder can move directly from acquisition to construction with minimal delay. Franquette Avenue is a quiet residential street with convenient walking distance to downtown Willow Glen and the South Bay's most sought-after suburban amenities. Willow Glen consistently commands among the highest price-per-square-foot premiums for new construction in the South Bay, with sustained buyer demand for new construction and virtually no comparable new home inventory. This is a complete, permit-ready land position that developers wait years to find in the 95125 zip code!
Location
State CA
County Santa Clara
Area Willow Glen
Zoning R1-8
Exterior
Fence Fenced
Utilities Available Electricity - On Site, Gas - On Site, Public Utilities
Present Use Residential
Building
Lot Description Grade - Level
Sewer Sewer - Public, Sewer Connected
Water Public, Water On Site
Others
Tax ID 439-17-007
Horse Property No
Special Listing Condition Not Applicable
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REALTOR®, Mortgage Loan Originator, Broker-Owner | Lic# Ed: 1391479