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Listed by Cameron Jeffs • Coldwell Banker Realty
$ 12,000,000
Est. payment /mo
New
0 Valerga Belmont, CA 94002
4,380,829 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 4,380,829 sqft
Price per Sqft $2
MLS Listing ID ML82050896
HOA Y/N No
Lot Size 100.570 Acres
Property Sub-Type Unimproved Land
Source Datashare MLSListings
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.
Location
State CA
County San Mateo
Interior
Fireplace No
Exterior
View Bay, City Lights, Mountain(s)
Building
Lot Description Sloped Up
Water Public
Schools
School District Sequoia Union High, Belmont-Redwood Shores Elementary
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