$450,000
For Sale

Lower Lock Avenue

Belmont, CA 94002
0.12 acres | #ML81985871
Listing OfficeBerkshire Hathaway HomeServices DrysdaleProperties
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This upslope lot situated at the end of the existing homes on the street provides a spectacular opportunity for the new owner. Overlooking serene Sugarloaf Mountain, this lot is prime location and offers approximately 5,400 Sq Ft of space with two large trees situated in the area on or around it, one toward the bottom street level and one tree at the top. Recent project across the street on the downslope was approved for a home of approximately 4,000 Sq Ft with the lot selling for over 3 Million dollars. Other examples of sites of similar nature with built homes, approved project plans and/or plans underway in the process. Prime site at a reasonable and affordable price. Seller has additional lot on the market which can be paired with this under the zoning, allowing for a home of up to 3,500 Sq Ft (per the zoning, all zoning standards, requirements, etc would need to be met and approved). Other lot currently offered on the market for pairing is ML81880841. See the City of Belmont HRO-2 zoning allowing for 'Floor Area Transfers' or ask City Planning Dept Officials for more information.

  • Property Details
      • ViewBay, Canyon
    • Measurements
      • Acres0.124
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Mateo
      • School DistrictOther
  • Financial Details
      • Original List Price$450,000
  • Other
      • MLS #ML81985871

Location

Marylin PaulReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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