Grandview Ter, Half Moon Bay, CA 94019

$4,500,000
List Price
$4,500,000
MLS#
ML81810110
Status
ACTIVE
Zoning
R10006
Lot Size
196,020
City
Half Moon Bay
Lot Size
196,020
Zip
94019
Listing Area
Highland Park
Acres
4.5
Property Type
Land

Property Description

Development opportunity of approximately 4.5 acres, near the quaint seaside city of Half Moon Bay, to build 40 homes in a priority infill subdivision. Lot sizes vary between 5000 sf to 7500 sf. Zoned R1-B2, most lots have Exceptional Status & can use R-1 zoning regulations. Entitlements include: 22 Measure A growth allocations, 15 CCWD water connections, 40 paid up sewer assessments. Properties also have potential for additional dwelling units (ADUs). Note that the owner recently received a Coastal Development Permit for 100ft of street extension of Grandview Blvd. to build a 4 Bed, 3 bath, 2500 sf house. The next step would be submittal and approval of plans and an environmental report for construction of houses and infrastructure: curb, sidewalk, gutter, paving and underground utilities. This subdivision is a short distance from the local high school, shops and restaurants, Pillar Point Harbor and the coastal Trail. Easy access to commute routes to San Francisco and Silicon Valley.

Additional Information

Development Status
Design Review Required, Unimproved Land
Existing Crops
None
Fence
None
Lot Description
Grade - Mostly Level
Lot Size
196,020
Neighborhood
Highland Park
Other Utilities
Public Utilities
Parcel Access
Unimproved
Present Use
None
Sewer
Sewer - Public, Sewer Available
Unincorporated Yn
Yes
Zoning
R10006

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Juliette Kulda Group from KW Peninsula Estates

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