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