Belmont, CA 94002

$12,000,000

Listing courtesy of Cameron Jeffs from Coldwell Banker Realty. 650-504-2002

List Price
$12,000,000
Status
ACTIVE
Days on Market
92
MLS#
ML82050896
Subtype
Land
Lot Size
4,380,829
Acres
100.57

Property Description

A rare opportunity to acquire one of the largest remaining residential development land holdings on the San Francisco Peninsula. The property consists of approximately 100.57 gross acres situated within the City of Belmont and designated HRO-3 (Hillside Residential/Open Space) zoning. The site has been the subject of extensive engineering and planning studies, including development concepts prepared by BKF Engineers identifying two primary clustered residential development areas. The property offers the potential for a phased residential community while preserving significant permanent open space consistent with Belmont hillside development policies. The assemblage is comprised of eight parcels and benefits from proximity to established residential neighborhoods, top-rated schools, Highway 92, Interstate 280, and major Silicon Valley employment centers. Historical planning efforts and engineering studies indicate the potential for a clustered Development, subject to updated engineering, environmental review, and City approvals. The property's elevated setting offers the opportunity for premium view-oriented homesites, significant open space amenities, and a unique master-planned residential community within one of the Bay Area's most supply-constrained housing markets.

Additional Information

School District
Sequoia Union High
Elementary School
Belmont-Redwood Shores Elementary
High School
Sequoia Union High
View
Bay, City Lights, Mountain(s)

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