Description
UNPARALLELED HIGH-DENSITY DEVELOPMENT OPPORTUNITY WITH STUNNING BAY VIEWS! Attention developers, builders, and investors: secure a rare piece of the Peninsula with this premier offering of five contiguous parcels seamlessly combined into a uniform block totaling 31,545 sqft (~0.72 acres). Strategically situated in a highly desirable downtown Belmont location with access to top-tier schools, this assembly features lucrative Commercial Mixed-Use (CMU) zoning, bypassing single-family constraints to unlock maximum high-yield potential for a multi-family residential project. Capitalize on the property's natural elevation to capture sweeping, panoramic views of the San Francisco Baya highly sought-after luxury feature that guarantees premium market pricing. With rental and housing demand at an all-time high among Peninsula tech professionals and families, this rare transit-oriented site is perfectly positioned to deliver exceptional investment returns and rapid market absorption.
Details
| MLS # | ML82049459 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 94 |
| Listing Provided By | Vista Investment & Realty | Lily Yang |
Features
| Zoning | CMU |
|---|---|
| Acreage | 0.72 |
Exterior
| Fencing | None |
|---|
Utilities
| Utilities | Other |
|---|---|
| Sewer | Other |
Area Information
| State | CA |
|---|---|
| County | San Mateo |
| City | Belmont |
| Zip Code | 94002 |
| Area | 699 Not Defined |
| Listing VS Median (in 94002) | |
Price: $4,380,000 low | high Med: $1,923,500 On site: 94 low | high Med: 42.5 | |
Market Activity 94002
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Learn More About This Property
| State | CA |
|---|---|
| County | San Mateo |
| City | Belmont |
| Zip Code | 94002 |
| Area | 699 Not Defined |
| Listing VS Median (in 94002) | |
Price: $4,380,000 low | high Med: $1,923,500 On site: 94 low | high Med: 42.5 | |