Lower Lock Avenue, Belmont, CA, CA 94002

Property Description

This upslope lot situated at the end of the existing homes on the street provides a spectacular opportunity for the new owner. Overlooking serene Sugarloaf Mountain, this lot is prime location and offers approximately 5,400 Sq Ft of space with two large trees situated in the area on or around it, one toward the bottom street level and one tree at the top. Recent project across the street on the downslope was approved for a home of approximately 4,000 Sq Ft with the lot selling for over 3 Million dollars. Other examples of sites of similar nature with built homes, approved project plans and/or plans underway in the process. Prime site at a reasonable and affordable price. Seller has additional lot on the market which can be paired with this under the zoning, allowing for a home of up to 3,500 Sq Ft (per the zoning, all zoning standards, requirements, etc would need to be met and approved). Other lot currently offered on the market for pairing is ML81880841. See the City of Belmont HRO-2 zoning allowing for 'Floor Area Transfers' or ask City Planning Dept Officials for more information.