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$ 3,200,000
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2.52 Acres Lot
$ 3,200,000
Est. payment | /mo
2.52 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81982309
Lot Size 2.519 Acres
Property Description
Exceptional development opportunity in San Jose's coveted Evergreen neighborhood. This pristine 2.5-acre parcel offers unprecedented potential under SB9 zoning with multiple development scenarios. Located at Kettmann Road, this R1-zoned property presents a rare opportunity in one of Silicon Valley's most desirable communities. Perfect for developers, investors, or visionaries looking to create their dream estate. Development potential: *SB9 qualified property allowing multiple duplex units *Can be subdivided into multiple 8,000 sq ft lots *Each new lot eligible for one duplex (two units), two additional ADUs and total potential of 4 units. Property Highlights: Pristine hillside location with panoramic valley views *Established residential neighborhood *All utilities available near lot *Multiple access points. Recent comparable sales: *1.13-acre parcel sold for $3.1M (2022) *Similar lots in area selling for $2.3M-$3.5M per acre. Investment Value: *One of the last large developable parcels in Evergreen *Strong market appreciation in Silicon Valley *High demand location with limited large lot availability Significant development potential under SB9 *Tech stock growth driving buyer purchasing power. Don't miss this hard to find opportunity!
Location
State CA
County Santa Clara
Area Evergreen
Zoning PD
Exterior
Fence Fenced
Utilities Available Electricity - LESS than 500 feet away, Gas - LESS than 500 feet away
Present Use Bare Land
Building
Lot Description Grade - Rolling
Sewer Sewer - Public
Water Public
Others
Tax ID 676-80-001
Horse Property No
Special Listing Condition Not Applicable
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Listed by Freda Wang • Intero Real Estate Services