10231 Adriana AVE, Cupertino, CA 95014

$8,200,000
List Price
$8,200,000
MLS#
ML81966525
Status
ACTIVE
Zoning
R110
Lot Size
58,370
Property Type
lnd
Neighborhood
Cupertino

Property 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 Commission 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.

Additional Information

Acres
1.34
Development Status
Finished Lot, Improvements Completed, Subdivision - Possible
Fence
Fenced
Lot Description
Grade - Level
Lot Size
58,370
Neighborhood
Cupertino
Other Utilities
Electricity - On Site, Gas - On Site, Public Utilities
Parcel Access
Paved Road
Present Use
Residential
Sewer
Sewer Connected
Zoning
R110

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Mark Miano from KW Bay Area Estates. 408-821-1111

board logoBased on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Copyright 2024 MLSListings Inc. All rights reserved