Development opportunity of approx. 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 & an environmental report for construction of houses & infrastructure: curb, sidewalk, gutter, paving & underground utilities. Seller is open to Carryback Financing. This subdivision is a short distance from the local high school, shops & restaurants, Pillar Point Harbor, the Coastal Trail & commute routes to SF & Silicon Valley.
Listing Courtesy of Juliette Kulda Group , KW Peninsula Estates
Listing Courtesy of Juliette Kulda Group , KW Peninsula Estates