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Listed by Danielle Davenport • KW Bay Area Estates
$ 2,800,000
Est. payment | /mo
9,583 SqFt
$ 2,800,000
Est. payment | /mo
9,583 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 9,583 sqft
Price per Sqft $292
MLS Listing ID ML81979525
HOA Y/N No
Lot Size 9,583 Sqft
Property Sub-Type Unimproved Land
Source Datashare MLSListings
Property Description
Updated Price!! Attn: Developers here's your chance for a lucrative infill opportunity in the City of Cupertino, California @ 700k per door - you can make this pencil. Cupertino has an A+ rating for Best Places to Live Index, ranking #4 of 509 cities in the Safety Index and #6 to Raise a Family. This prime site is identified in the City of Cupertino's Housing Element for a streamlined planning and approval process. The site is situated on a generous 10,000 +/- square-foot lot, the property has City Services at the street and can potentially accommodate a large SFH or up to 4 new dwellings based on the Housing Element and according to the Cupertino Planning Department recommendations. Buyer must confirm all data with the City of Cupertino. Homesites command top dollar due to the location and esteemed school district, and this site in the catchment area for Lincoln Elementary, John F. Kennedy Middle School, and Monte Vista High School. The site proximity to upscale amenities, Apple, Google, Facebook, and Cisco Systems within short commuting distances and potential for increased density, make this real estate gem in Cupertino presents a rare opportunity for investors and developers alike to capitalize on the region's thriving market.
Location
State CA
County Santa Clara
Interior
Fireplace No
Schools
School District Fremont Union, Cupertino Union
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Qayes Abdulla
REALTOR® | Lic# DRE# 02150727