0 Upper Terrace Ave, HALF MOON BAY, CA

$9,500,000

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8.00

Acres

About 0 Upper Terrace Ave

Don't miss this rare opportunity to build 26 homes as apart of a new subdivision (Pacific Ridge} on approximately 115 acres in Half Moon Bay. Pacific Ridge has the perfect setting to create a very desirable housing development that has the best of both worlds. It overlooks beautiful open space yet it is walking distance to downtown Half Moon Bay. These lots are part of a Coastal Development Permit issued by the California Coastal Commission for a single family subdivision with 63 lots. Phase 2 has 26 finished lots ranging in size from approx. 10,500 to 16,700 sf. The total aggregate habitable space is approx. 118,300 sf for 26 homes. Sufficient water connections and benefit units for sewer treatment for 26 homes. All utilites are underground and installed at each lot.

Features of 0 Upper Terrace Ave

MLS® # ML81921421
Price $9,500,000
Acres 8.00
Type Land
Sub-Type Residential Development Land
Status Active

Community Information

Address 0 Upper Terrace Ave
Area Highland Park
City HALF MOON BAY
County San Mateo
State CA
Zip Code 94019

Amenities

Utilities Electricity - Available at Street, Gas - Available at Street
Is Waterfront No

Interior

Fireplace No

Exterior

Lot Description Grade - Mostly Level, Grade - Sloped Down , Grade - Varies, Subdivided, Grade - Side Slope

Additional Information

Zoning Single Family Residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJohn Alexander
OfficeColdwell Banker Realty
Office Contact650-324-4456

Listing Map

Listing Schools/Amenities

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Listing Price, Sale, & Status History

Price Reduced from $11,180,000 to $9,500,000