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$ 2,750,000
Est. payment | /mo
1.58 Acres Lot
$ 2,750,000
Est. payment | /mo
1.58 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Parsons Estates
MLS Listing ID 41153657
HOA Y/N No
Lot Size 1.575 Acres
Property Description
Rare infill residential development opportunity in Castro Valley's highly desirable Parsons Estates neighborhood. ±1.58 acre site with previously approved tentative map approval for four premium single family residential lots. Proposed lot sizes ranging from approximately 14,000–18,000 sq ft support a differentiated, larger home product in a supply constrained submarket with strong end user demand. The project offers the opportunity to develop 3,000+ sq ft homes with potential ADU/JADU configurations (buyer to verify), enhancing flexibility and overall project economics. The property may also present additional long term SB9 optionality, offering alternative development pathways subject to buyer verification and County approval. Nearby larger homes and strong local demand support an attractive end product strategy. Strategically located with convenient access to I-580, I-680, BART, Silicon Valley, Oakland, and San Francisco, positioning the site well for commuter oriented buyers seeking premium suburban housing.
Location
State CA
County Alameda
Zoning R1BECSU-RV
Interior
Fireplace No
Others
Tax ID 84D1250142
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

Listed by Preiyaa Anand Compass #01420686

