Belmont Ave, Belmont, CA 94002

$4,380,000

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List Price
$4,380,000
Status
ACTIVE
MLS#
ML82049459
Price Change
▼ $500,000 1784610056
Property Type
Unimproved Land
Lot Size
31,545
Acres
0.72
County
San Mateo

Property Description

UNPARALLELED HIGH-DENSITY DEVELOPMENT OPPORTUNITY WITH STUNNING BAY VIEWS! Attention developers, builders, and investors: secure a rare piece of the Peninsula with this premier offering of five contiguous parcels seamlessly combined into a uniform block totaling 31,545 sqft (~0.72 acres). Strategically situated in a highly desirable downtown Belmont location with access to top-tier schools, this assembly features lucrative Commercial Mixed-Use (CMU) zoning, bypassing single-family constraints to unlock maximum high-yield potential for a multi-family residential project. Capitalize on the property's natural elevation to capture sweeping, panoramic views of the San Francisco Baya highly sought-after luxury feature that guarantees premium market pricing. With rental and housing demand at an all-time high among Peninsula tech professionals and families, this rare transit-oriented site is perfectly positioned to deliver exceptional investment returns and rapid market absorption.

Additional Information

Elementary School
Belmont-Redwood Shores Elementary
High School
Sequoia Union High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Lily Yang from Vista Investment & Realty. 650-443-8420

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