12991 Pierce Road, Saratoga, CA 95070
  • MLS#: 41118550 ( )
  • Street Address: 12991 Pierce Road
  • Viewed: 18
  • Price: $30,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 37
  • Acreage: 1.96 acres
  • Additional Information
  • County: SANTA CLARA
  • City: Saratoga
  • Zipcode: 95070
  • Subdivision: Other
  • Provided by: Compass
  • Contact: Pratik Pratik
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare Saratoga Development Opportunity Approx. 2 Acres With Proposed 22 Home Subdivision. Exceptional development site located in one of Saratogas most desirable areas. This 2 acre property offers a unique opportunity to create new luxury residential community in a market with limited new construction inventory. The seller is pursuing and planning map approvals for a proposed subdivision consisting of 22 executive style homes suitable for $3M$5M+ sales, with living areas ranging from 3,274 to 4,143 sq ft . The property is situated just minutes from downtown Saratoga, with convenient access to Interstate 280 and Highway 85, providing excellent connectivity throughout Silicon Valley. Nearby amenities include Saratogas well known restaurants, wineries, parks, etc. The location also benefits from highly rated Saratoga schools, enhancing long term desirability for future homeowners. Large developable parcels are extremely rare in Saratoga, making this an exceptional opportunity for developers. Sale includes the vacant land and the existing on site property. Developers are encouraged to run feasibility, absorption, and pro forma analysis based on current Saratoga new construction comparables.
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Features
Parcel Number
  1. 50316047
Subdivision Name Other
  1. Other
Views
  1. 18
Zoning
  1. R140