Upper Terrace Avenue, Half Moon Bay, CA 94019

$15,800,000
List Price
$15,800,000

Property Description

Dont miss this rare opportunity to build 26 homes in a new subdivision on approximately 115 acres in Half Moon Bay. Pacific Ridge has the perfect setting to create a very desirable housing development that has the best of both worlds: overlooking beautiful agricultural land yet walking distance to downtown Half Moon Bay as well as being close to the coastal beaches. These lots are a part of the Coastal Development Permit issued by the California Coastal Commission for a 63 single family home subdivision. Phase 1 sold out within a year! * Phase 2 - 26 finished lots ranging in size of approximately 10,500 sf to 16,700 sf with an approximate 118,300 sf of habitable space in the aggregate * Sufficient water connections and benefit units of sewer treatment for the single family homes * All utilities are underground and will be installed at each lot. * Paved streets and sidewalks installed. Phase 3 is in MLS (0 Summer Creek Court - 17 lots) & can be bought with Phase 2.

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Courtesy of Coldwell Banker Residential Brokerage, John Alexander.

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