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$ 8,200,000
Est. payment | /mo
4 Beds
3 Baths
2,766 SqFt
$ 8,200,000
Est. payment | /mo
4 Beds
3 Baths
2,766 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 2,766 sqft
Price per Sqft $2,964
MLS Listing ID ML81966755
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1979
Lot Size 1.340 Acres
Acres 1.34
Property Sub-Type Single Family Residence
Property Description
Attn: Developers here's your chance for a lucrative infill opportunity in the City of Cupertino, California. 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 61,855 square-foot lot, the property has City Services at the street and can accommodate up to 13+ new dwellings based on zoning codes and according to the Cupertino Planning Department recommendations. On Tuesday, May 14 at 6:45 p.m, the Cupertino City Council will hold a public hearing on the Housing Element adoption. The Planning Comm'n conducted a public hearing at a special meeting on Monday, April 29, 2024, recommending by a 3-2 vote that the City Council adopt the Housing Element and the related associated amendments necessary for its adoption. In line with Cupertino's progressive vision, the city's planning department is in the process of rezoning the property to R3/TH zoning designation, paving the way for the development of the 13 units. This allocation allows developers streamlined processes and density bonuses and DOES NOT include BMR requirements.
Location
State CA
County Santa Clara
Zoning R110
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Garage Spaces 2.0
Private Pool false
Building
Lot Description Level
New Construction No
Schools
School District Fremont Union
Others
Tax ID 32620034
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Listed by Mark Miano • KW Bay Area Estates