
Listed by Joe Velasco Group
$16,520,888
20865 McClellan Rd
Details
APN 35913019
Property Type Multifamily, Land
Sub Type Apartment Building
Square Footage 1,874
Year Built 1957
Stories 1
Acreage 1.000
Zoning R1B2
Parking Spaces 2 spaces
Parking Per SqFt 1.07
Multifamily
Marketing description
Premier Development Opportunity in Prime Cupertino Silicon Valley Rare ~1-acre site with plans in process for 19 townhome-style residences + 1 single-family home. Currently in the entitlement phase with the City of Cupertino, this project offers developers the opportunity to secure a high-quality build ahead of final approvals. The property includes an existing ranch home; value is in the land and future development potential. Approval timelines are anticipated by year-end or sooner, with Seller open to structuring close of escrow to align with project milestones and final building permit ready approvals.
Located near Apples original headquarters, De Anza College, and top-ranked Cupertino schools, this site benefits from strong demand, limited inventory, and high-income demographics. Ideal for builders and developers looking to position early in one of Silicon Valleys most sought-after markets. Buyer to verify all development potential, approvals, and timelines with the City of Cupertino.
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Listed by Joe Velasco Group
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