$1,900,000
Prime development opportunity to build THREE (3) 3-bedroom single family homes in the heart of San Mateo! City approved plans for the three (3) detached homes with attached garages totaling approximately 6,017 SF. The expansive R-3 zoned 7,828 SF lot offers several exceptional development strategies. Create a brand-new detached multi-generational living compound. Live in one home, sell the other two. Or build and sell all three homes. The proposed homes are approximately 2,086, 1,990, and 1,941 SF. Conveniently located near Downtown San Mateo, Caltrain, Central Park, shopping, dining, and 101. An existing single-family home occupies the parcel. A rare opportunity to develop three (3) new detached homes in a highly desired San Mateo location.
Listed by Kevin Chen with Elmwood Capital (415) 997-3338
Property Type
Land
Status
Active
MLS Number
ML82055665
Year Built
N/A
Lot Size
7,828 sq ft
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