Listed by Coldwell Banker Residential Brokerage Northern California
$12,000,000
Portola Heights in Belmont California
Details
Property Type Multifamily, Special Purpose
Sub Type Residential, Hunting/Recreational
Acreage 100.570
Zoning HRO-3 Hillside Residential and Open Space District – Subdistrict 3
Ground Lease No
Sale Condition N/A
Large Land Parcel located in Belmont California in the San Francisco Mid-Peninsula.
Marketing description
The Portola Heights Property consists of approximately 100.57 gross acres strategically located in the City of Belmont, California, within one of the Bay Area's most supply-constrained and affluent residential markets. The Property offers developers the ability to control a large-scale residential land position in one of Northern California's most desirable housing markets. Few remaining sites of this size exist within the Peninsula market, particularly those capable of supporting a master-planned residential community while benefiting from the natural topography, open-space amenities, and premium residential setting that define Belmont's western hillsides.
Investment highlights
- Large-scale development opportunity in a high-barrier-to-entry market
- Adjacent to established Belmont residential neighborhoods, proximity to major employment centers, and top rated Belmont schools
- Significant open space preservation creates community differentiation
Listing Contacts
Listed by Coldwell Banker Residential Brokerage Northern California
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