10231 Adriana AVE, Cupertino, CA 95014

$8,200,000
4
BD
3
BA
2,766
SqFt
List Price
$8,200,000
MLS#
ML81966755
Status
ACTIVE
Property Type
res
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Sqft. of Residence
2,766
Lot Size
58,370
Listing Area
Cupertino
Year Built
1979

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
Age
45
Cooling System
None
Family Room
Other
Fence
Fenced
Foundation
Concrete Perimeter
Garage Parking
Attached Garage
Heating System
Central Forced Air
Living Area
2,766
Lot Description
Grade - Level
Lot Size
58,370
Neighborhood
Cupertino
Other Utilities
Public Utilities
Roof
Other
Sewer
Sewer Connected
Zoning
R110

Mortgage Calculator

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Calculator source: Real Geeks

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

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