Rare Saratoga Development Opportunity – Approx. 2 Acres With Proposed 22-Home Subdivision. Exceptional development site located in one of Saratoga’s most desirable areas. This 2-acre property offers a unique opportunity to create new luxury residential community in a market with limited new-construction inventory. The seller is pursuing and planning map approvals for a proposed subdivision consisting of 22 executive-style homes suitable for $3M–$5M+ sales, with living areas ranging from 3,274 to 4,143 sq ft . The property is situated just minutes from downtown Saratoga, with convenient access to Interstate 280 and Highway 85, providing excellent connectivity throughout Silicon Valley. Nearby amenities include Saratoga’s well-known restaurants, wineries, parks, etc. The location also benefits from highly rated Saratoga schools, enhancing long-term desirability for future homeowners. Large developable parcels are extremely rare in Saratoga, making this an exceptional opportunity for developers. Sale includes the vacant land and the existing on-site property. Developers are encouraged to run feasibility, absorption, and pro forma analysis based on current Saratoga new-construction comparables.
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Listing Snapshot
Price
$30,000,000
Days On Site
94 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.96 Acres
Year Built
N/A
MLS® Number
41118550
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
3 months ago
Listing updated with changes from the MLS®
3 months ago
Status changed to Active
3 months ago
Listing first seen on site
General Features
Acres
1.96
Zoning
R140
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Neighborhood & Commute
Source: Walkscore
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