Upper Terrace Avenue, Half Moon Bay, CA 94019

$15,800,000
List Price
$15,800,000
MLS#
ML81760504
Status
ACTIVE
Property Type
Commercial
City
Half Moon Bay
Lot Size
348,480
Zip
94019
Listing Area
Highland Park
Acres
8

Property Description

Dont miss this rare opportunity to build 26 homes in a new subdivision on approximately 115 acres in Half Moon Bay. Pacific Ridge has the perfect setting to create a very desirable housing development that has the best of both worlds: overlooking beautiful agricultural land yet walking distance to downtown Half Moon Bay as well as being close to the coastal beaches. These lots are a part of the Coastal Development Permit issued by the California Coastal Commission for a 63 single family home subdivision. Phase 1 sold out within a year! * Phase 2 - 26 finished lots ranging in size of approximately 10,500 sf to 16,700 sf with an approximate 118,300 sf of habitable space in the aggregate * Sufficient water connections and benefit units of sewer treatment for the single family homes * All utilities are underground and will be installed at each lot. * Paved streets and sidewalks installed. Phase 3 is in MLS (0 Summer Creek Court - 17 lots) & can be bought with Phase 2.

Additional Information

Development Status
Final Map Approved, Finished Lot, Map Recorded, Other - Call Listing Agent
Fence
None
Lot Description
Grade - Gently Sloped, Grade - Mostly Level
Lot Size
348,480
Neighborhood
Highland Park
Other Utilities
Electricity - Available at Street, Gas - Available at Street
Parcel Access
City Street
Present Use
Subdivision
Sewer
Sewer - Public
Unincorporated Yn
Yes
Water
Individual Water Meter
Zoning
Single Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of John Alexander from Coldwell Banker Residential Brokerage

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