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Listed by Mike D'Ambrosio • Intero Real Estate Services
$3,250,000
Est. payment /mo
0.88 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82031201
Lot Size 0.882 Acres
Property Sub-Type Residential Development Land
Property Description
The proposed development utilizes a form-based zoning code that accommodates flexible building volumes to support a variety of uses. The plan delivers strong housing value, featuring four stories of residential units above a ground-floor parking and commercial component within a mixed-use configuration. The site design leverages an existing roadway on the south side of the property to enhance access and ground-floor efficiency, supported by three points of vehicular entry. The concept includes a concrete podium with wood framing above, rising to five stories including parking, and incorporates all required setbacks and open-space standards. The program envisions approximately 100 residential units across four floorsaveraging 850 to 900 square feet with a mix of studios up to three-bedroom optionstotaling roughly 104,000 square feet of residential space, complemented by 6,000 square feet of commercial frontage. At grade, the design provides 140 parking stalls utilizing hydraulic lifts, as well as shared amenities including a rooftop entertainment area.
Location
State CA
County Santa Clara
Area Morgan Hill / Gilroy / San Martin
Zoning A
Exterior
Fence Fenced Back
Utilities Available Public Utilities
Present Use Residential
Building
Lot Description Grade - Level
Sewer Sewer - Public
Water Public
Others
Tax ID 726-25-005
Horse Property No
Special Listing Condition Not Applicable
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Josh Yoo
Broker Associate | License ID: 02024903
Broker Associate License ID: 02024903