$ 8,200,000
10231 Adriana AVE Cupertino, CA 95014
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$ 8,200,000
Est. payment | /mo
1.34 Acres Lot
$ 8,200,000
Est. payment | /mo
1.34 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID ML81966525
Lot Size 1.340 Acres
Property Description
Attn: Developers here's your chance for a lucrative infill opportunity in the City of Cupertino, California. Cupertino has an A+ rating for Best Places to Live Index, ranking #4 of 509 cities in the Safety Index and #6 to Raise a Family. This prime site is identified in the City of Cupertino's Housing Element for a streamlined planning and approval process. The site is situated on a generous 61,855 square-foot lot, the property has City Services at the street and can accommodate up to 13+ new dwellings based on zoning codes and according to the Cupertino Planning Department recommendations. On Tuesday, May 14 at 6:45 p.m, the Cupertino City Council will hold a public hearing on the Housing Element adoption. The Planning Comm'n conducted a public hearing at a special meeting on Monday, April 29, 2024, recommending by a 3-2 vote that the City Council adopt the Housing Element and the related associated amendments necessary for its adoption. In line with Cupertino's progressive vision, the city's planning department is in the process of rezoning the property to R3/TH zoning designation, paving the way for the development of the 13 units. This allocation allows developers streamlined processes and density bonuses and DOES NOT include BMR requirements.
Location
State CA
County Santa Clara
Area Cupertino
Zoning R110
Exterior
Fence Fenced
Utilities Available Electricity - On Site, Gas - On Site, Public Utilities
Present Use Residential
Building
Lot Description Grade - Level
Sewer Sewer Connected
Water Water On Site
Others
Tax ID 326-20-034
Horse Property No
Special Listing Condition Not Applicable
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Listed by Mark Miano • KW Bay Area Estates
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Kalani Stone
Agent | Lic# CalBRE: 01336392