$3,500,000
For Sale
0.22 acres | #ML81979525
Listing OfficeKW Bay Area Estates
Browse 17 photos
Type:Purchase
Structure:Land
Zone:Residential

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 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 and create a signature residential haven tailored to the demands of modern living.

  • Property Details
      • CountySanta Clara
      • Original List Price$3,500,000
      • MLS #ML81979525
      • MLS #ML81979525
      • Property TypePurchase
      • Cost3500000
      • School DistrictOther
      • Acres0.22
      • Property SubtypeLand

Location

Christopher PereaReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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