Estimated payment $34,288/month
Highlights
- 1.15 Acre Lot
- Graystone Elementary School Rated A-
- Views
About This Lot
An exceptional opportunity for builders, investors, or visionaries - this property is being subdivided under California's SB-330, with plans in the final stages of approval for 3 single-family homes. Each home is situated on its own parcel, measuring approximately 0.27-0.45 acres. Each residence is planned at approximately 4,000 square feet of living area, offering spacious layouts ideal for modern living. The parcels also provide potential for ADUs - creating flexibility for extended family, guest suites, or rental income. Located in the highly desirable Leland High School district, the site is tucked away at the base of a hill in a peaceful neighborhood. The proposed homes are thoughtfully designed to take advantage of the natural setting, with future balconies offering scenic views of the Almaden Valley. All the hard work has been done - just take the plans, build the homes, choose your finishes, and you're done. With convenient utility access and a prime South Bay location, this is a compelling opportunity for efficient and profitable development. Buyers to verify all development potential, zoning requirements, and SB-330 compliance with the local planning department. Don't miss this rare chance to build in one of San Jose's most sought-after school districts.
Property Details
Property Type
- Land
Lot Details
- 1.15 Acre Lot
- Hillside Location
Outdoor Features
- Electricity Available at Street
Utilities
- Gas Available at Street
- Septic Tank
Additional Features
- Property Views
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Price Changed | $5,500,000 | -31.3% | -- |
| 04/18/2025 04/18/25 | For Sale | $8,000,000 | -- | -- |
Source: MLSListings
MLS Number: ML82003242
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