
Seller's Agent in 2025
Jim Foley
Pennant Properties
(408) 813-7490
1 in this area
1 Total Sale
Pennant Properties along with Design by Mish are pleased to present this one-of-a-kind dream custom home opportunity on cherished Bonnie Lane in Los Gatos, CA. 16460 Bonnie Lane is nearly one acre of almost flat buildable land situated in a highly desirable location in Los Gatos. The opportunity is to purchase one of two parcels for a beautiful custom home development, or to buy the entire acre to create your dream estate or family compound. California State Senate Bill 9 (SB9) has created the opportunity for this property to be split into two separate parcels. Pennant Properties and Design by Mish have moved the property through the jurisdictional process to avail a buyer of the opportunity to quickly complete an SB9 development under either the Urban Lot Split option or the Two-Unit Housing Development option, or both. A building permit can be secured ministerially in just a few months, not years so the project can be under construction much quicker. The options provide for opportunities to build multiple dwellings across both lots, or on an individual lot or the full lot, to bypass the discretionary planning process and attain a building permit ministerially. Further details can be provided on this incredible time-saving entitlement. Website is property address in typ format.
Last Agent to Sell the Property
Pennant Properties License #01841825 Listed on: 09/11/2024
Property Type
Lot Details
Additional Features
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/11/2025 06/11/25 | Sold | $2,200,000 | -12.0% | -- |
10/09/2024 10/09/24 | Pending | -- | -- | -- |
09/11/2024 09/11/24 | For Sale | $2,499,000 | -- | -- |
Seller's Agent in 2025
Jim Foley
Pennant Properties
(408) 813-7490
1 in this area
1 Total Sale
Buyer's Agent in 2025
Denise Carr
Compass
(408) 839-6323
11 in this area
70 Total Sales
Source: MLSListings
MLS Number: ML81980086