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$8,200,000
Est. payment /mo
4 Beds
3 Baths
2,766 SqFt
UPDATED:
11/25/2024 04:07 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Contingent
Purchase Type For Sale
Square Footage 2,766 sqft
Price per Sqft $2,964
MLS Listing ID ML81966755
Bedrooms 4
Full Baths 3
Year Built 1979
Lot Size 1.340 Acres
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
Area Cupertino
Zoning R110
Rooms
Family Room Other
Dining Room No Formal Dining Room
Interior
Heating Central Forced Air
Cooling None
Exterior
Garage Attached Garage
Garage Spaces 2.0
Fence Fenced
Utilities Available Public Utilities
Roof Type Other
Building
Lot Description Grade - Level
Foundation Concrete Perimeter
Sewer Sewer Connected
Water Water On Site
Others
Tax ID 326-20-034
Horse Property No
Special Listing Condition Not Applicable
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Listed by Mark Miano • KW Bay Area Estates