$7,200,000

Location, Location, Location! This property offers over 2 acres (91,000 SqFt) of relatively flat land in the heart of Almaden Valley. This is one of the last parcels of its kind in Almaden. Located within the San Jose City limits and is currently zoned Single-Family Residential/Rural Residential R1-2 (up to 2 dwelling units per acre.) The adjacent planned development at Queensbridge Way & Macias Lane (approximately 25 total dwelling units built out by Robson Homes in approximately 2003-2005) achieved a Planned Development Density of 4.4 units per acre. Refer to Rezoning File PDC03-087 at the City of San Jose for the specifics of that development. The 1 acre parcel across the street (formerly 1126 Barnes Lane) was developed into 4 dwelling sites by Edenbridge Homes circa 2013 San Jose File #22411136. The subject parcel is within the Urban Growth Boundary and Urban Services Area per the City General Plan 2040 map. Surrounded by high end expensive homes and top Almaden schools (Williams, Bret Harte and Leland.) Could be a possible SB 330 project. Buyer is advised to verify and do all investigation with the City of San Jose regarding intended use, zoning and density. Home is occupied and do not trespass on the property.