Upper Terrace Ave, Half Moon Bay, CA 94019

$13,500,000
List Price
$13,500,000
MLS#
ML81801227
Status
ACTIVE
Zoning
Single Family Residential
Lot Size
348,480
City
Half Moon Bay
Lot Size
348,480
Zip
94019
Listing Area
Highland Park
Acres
8
Property Type
Land

Property Description

Don't miss this rare opportunity to build 26 homes as a part of a new subdivision (Pacific Ridge) on 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; it overlooks beautiful open space yet is walking distance to downtown Half Moon Bay as well as being close to coastal beaches. These lots are part of the Coastal Development Permit issued by the California Coastal Commission for a subdivision with 63 single family homes. Phase 1 at Pacific Ridge sold out within a year! Phase 2 has 26 finished lots ranging in size from approximately 10,000 sf to 16,700 sf. The maximum aggregate habitable s.f. for the 26 lots is 118,300 sf. There are sufficient water connections and benefit units of sewer treatment for these lots. All utilities are underground and at each lot. Phase 3 (0 Summer Creek Court) is in the MLS and can be bought with Phase 2.

Additional Information

Development Status
Final Map Approved, Finished Lot, Improvements Completed, Subdivision - Yes
Fence
None
Lot Description
Grade - Mostly Level, Grade - Side Slope, Grade - Sloped Down, Subdivided
Lot Size
348,480
Neighborhood
Highland Park
Other Utilities
Electricity - Available at Street, Gas - Available at Street
Parcel Access
City Street
Present Use
Vacant
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
Single Family Residential

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of John Alexander from Coldwell Banker Realty

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