Active

Private Address

$9,999,999


$75.27 per sqft

Active

3.05 Acres

Land

Listed by Marcus & Millichap, Sam Runco, Philip Batlin Listing Contact: 6507593414

A rare and unique development opportunity in the heart of Pacifica, CA. This expansive 3-acre property is divided into three distinct parcels, each offering incredible potential for multifamily and commercial development. The first 2 parcels is part of the Pacifica Housing Element and is approved for up to 69 low-income housing units. This parcel is ideal for developers looking to contribute to the community with affordable housing options. The second parcel, zoned C-2, is suitable for an additional 34 multifamily units based on the Pacifica Zoning Code, making it perfect for mixed-use development with both commercial and residential components. Located just minutes away from Pacificas stunning beaches, this property offers a serene and scenic environment for future residents. It is conveniently situated near major employers in the San Francisco Bay Area, making it an attractive location for working professionals. With easy access to major highways, including Highway 1 and Interstate 280, the property ensures seamless connectivity to San Francisco, Silicon Valley, and beyond. The surrounding area boasts local schools, parks, shopping centers, and dining options, offering a well-rounded lifestyle for residents.

ML81974267

MLS ID

July 24, 2024

Listed

November 22, 2024

Updated

Map

Private Address

Exterior/Building Features

Lot Size

3.05 Acres

School Information

School District

Pacifica

Other Property Details

Area Name

Vallemar


Garage

No


View

No


County

San Mateo


Pool

No


Zoning

C2

Listing History

Date

Event

Price

9/16/2024

Price change

$9,999,999

-10%

Listed by Marcus & Millichap, Sam Runco, Philip Batlin
Listing Contact: 6507593414 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Fadi Shamieh Real Estate Group | CA DRE# 02024144 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Fadi Shamieh Real Estate Group | CA DRE# 02024144 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:48 AM UTC, 11/22/2024

 

 

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