3
See all 3 photos
$30,000,000
Est. payment /mo
1 Sqft Lot
New
Address not disclosed Saratoga, CA 95070
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Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41118550
HOA Y/N No
Lot Size 1 Sqft
Property Description
Rare Saratoga Development Opportunity – Approx. 2 Acres With Proposed 22-Home Subdivision. Exceptional development site located in one of Saratoga's most desirable areas. This 2-acre property offers a unique opportunity to create new luxury residential community in a market with limited new-construction inventory. The seller is pursuing and planning map approvals for a proposed subdivision consisting of 22 executive-style homes suitable for $3M–$5M+ sales, with living areas ranging from 3,274 to 4,143 sq ft . The property is situated just minutes from downtown Saratoga, with convenient access to Interstate 280 and Highway 85, providing excellent connectivity throughout Silicon Valley. Nearby amenities include Saratoga's well-known restaurants, wineries, parks, etc. The location also benefits from highly rated Saratoga schools, enhancing long-term desirability for future homeowners. Large developable parcels are extremely rare in Saratoga, making this an exceptional opportunity for developers. Sale includes the vacant land and the existing on-site property. Developers are encouraged to run feasibility, absorption, and pro forma analysis based on current Saratoga new-construction comparables. Contact for additional documentation or to discuss project assumptions.
Location
State CA
County Santa Clara
Zoning R140
Interior
Fireplace No
Others
Tax ID 50316047
Listed by Pratik Daftary Compass
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