Prime development opportunity to build THREE (3) 3-bedroom single family homes in the heart of San Mateo! City approved plans for the three (3) detached homes with attached garages totaling approximately 6,017 SF. The expansive R-3 zoned 7,828 SF lot offers several exceptional development strategies. Create a brand-new detached multi-generational living compound. Live in one home, sell the other two. Or build and sell all three homes. The proposed homes are approximately 2,086, 1,990, and 1,941 SF. Conveniently located near Downtown San Mateo, Caltrain, Central Park, shopping, dining, and 101. An existing single-family home occupies the parcel. A rare opportunity to develop three (3) new detached homes in a highly desired San Mateo location.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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