10231 Adriana Avenue
Cupertino, CA 95014
1.34 acres | #ML81966525
Description
Attn: Developers here's your chance for a lucrative infill opportunity in the City of Cupertino, California. Cupertino has an A+ rating for Best Places to Live Index, ranking #4 of 509 cities in the Safety Index and #6 to Raise a Family. This prime site is identified in the City of Cupertino's Housing Element for a streamlined planning and approval process. The site is situated on a generous 61,855 square-foot lot, the property has City Services at the street and can accommodate up to 13+ new dwellings based on zoning codes and according to the Cupertino Planning Department recommendations. On Tuesday, May 14 at 6:45 p.m, the Cupertino City Council will hold a public hearing on the Housing Element adoption. The Planning Comm'n conducted a public hearing at a special meeting on Monday, April 29, 2024, recommending by a 3-2 vote that the City Council adopt the Housing Element and the related associated amendments necessary for its adoption. In line with Cupertino's progressive vision, the city's planning department is in the process of rezoning the property to R3/TH zoning designation, paving the way for the development of the 13 units. This allocation allows developers streamlined processes and density bonuses and DOES NOT include BMR requirements.
Property Details
- Lot DescriptionLevel
Measurements
- Acres1.34
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesElectricityAvailable
Community and Neighborhood Details
- CountySanta Clara
- School DistrictOther
Financial Details
- Original List Price$8,200,000
Other
- MLS #ML81966525
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Mark Miano (#ML5065704)
Listing Office: KW Bay Area Estates (#ML89184)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
