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Listed by Lily Yang • Vista Investment & Realty, DRE#02035973
$4,880,000
Est. payment /mo
0.72 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82049459
Lot Size 0.724 Acres
Property Sub-Type Residential Development Land
Property Description
UNPARALLELED HIGH-DENSITY DEVELOPMENT OPPORTUNITY WITH STUNNING BAY VIEWS! Attention developers, builders, and investors: secure a rare piece of the Peninsula with this premier offering of five contiguous parcels seamlessly combined into a uniform block totaling 31,545 sqft (~0.72 acres). Strategically situated in a highly desirable downtown Belmont location with access to top-tier schools, this assembly features lucrative Commercial Mixed-Use (CMU) zoning, bypassing single-family constraints to unlock maximum high-yield potential for a multi-family residential project. Capitalize on the property's natural elevation to capture sweeping, panoramic views of the San Francisco Baya highly sought-after luxury feature that guarantees premium market pricing. With rental and housing demand at an all-time high among Peninsula tech professionals and families, this rare transit-oriented site is perfectly positioned to deliver exceptional investment returns and rapid market absorption.
Location
State CA
County San Mateo
Area Belmont Country Club Etc.
Zoning CMU
Exterior
Fence None
Utilities Available Electricity - Available at Street, Other
Present Use Vacant
Building
Lot Description None
Sewer Other
Water Water Available at Street
Others
Tax ID 044-173-010
Horse Property No
Special Listing Condition Not Applicable
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