$13,500,000 0 Upper Terrace Ave Half Moon Bay, CA

MLS: ML81760503   Type: Land   County: San Mateo   City: Half Moon Bay   Area: Highland Park   Zip: 94019   Style: Subdivision  

Mortgage $63,380 /mo

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Dont miss this rare opportunity to build 26 homes in a new subdivision 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: overlooking beautiful agricultural land yet walking distance to downtown Half Moon Bay as well as being close to the coastal beaches. These lots are a part of the Coastal Development Permit issued by the California Coastal Commission for a 63 single family home subdivision.Phase 1 sold out within 1 year! .26 finished lots ranging in size of approximately 10,500 sf to 16,700 sf with an approximate 118,300 sf of habitable space in the aggregate Sufficient water connections and benefit units of sewer treatment for the single family homes for both phases All utilities are underground and will be installed at each lot. Paved streets and sidewalks installed. Phase 3 (0 Summer Creek Court) is in the MLS and can be bought with Phase 2

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Price History

7/15/2019 Listed $15,800,000
10/21/2019 15% - $13,500,000

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Direct Link:

https://www.elementliving.co/property/40-ML81760503-0-Upper-Terrace-Ave-Half-Moon-Bay-CA-94019

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Property vs Zip Code Avg (94019)

Price 13.5M Avg 2.28M

Acres 8 Avg 3.06

Visits 60 Avg 18

Days on Site 217 Avg 189

Walkscore® 4 Avg 38

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: John Alexander with Coldwell Banker Residential Brokerage.




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Location & Address

Element
40 Stone Pine Road, Suite H
Half Moon Bay, CA
650-642-9760
650-533-7989