21851 Almaden AVE, Cupertino, CA 95014
- $2,800,000
- 2
- BD
- 1
- BA
- 1,109
- SqFt
- List Price
- $2,800,000
- MLS#
- ML82010766
- Status
- ACTIVE
- Property Type
- res
- Bedrooms
- 2
- Total Bathrooms
- 1
- Full Bathrooms
- 1
- Sqft. of Residence
- 1,109
- Lot Size
- 9,900
- Listing Area
- Cupertino
- Year Built
- 1942
Property Description
Tired of mediocre $3.5-6 million dollar houses in Cupertino on undersized lots with limited appreciation potential? Consider this unique opportunity in Monta Vista. Exceptional family location. Looking for buyer that wants to capture $2 million profit/equity while creating beautiful peaceful residence(s). My lot allows new owner to build a custom 4,200 sq. ft. SFR (& some ADUs). It also allows, for example, a 3,000 sq. ft. principal residence, a large ADU and small ADU. The ADUs would be detached structures with lots of sunlight and you would have a private rear yard behind your principal residence. Or you might build two x 2,000 ft. houses surrounded by garden. Thats three desirable alternates. These build-out options were not permitted until recently by Cupertino. This is a beautiful and private lot. Convert your stagnant appreciated equities into an investment vehicle for inflation safe, high appreciation, real estate in a privileged location. For total investment of approx. $5 million, projected ROI is $2 million. And you may generate over $100k/year income. Desirable location; high investment return; income; privacy; exclusivity; community; and natural beauty. This is the one you have worked your whole life for. 21851Almaden dot com Disclaimer: See Agents Remarks.
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Additional Information
- Acres
- 0.23
- Age
- 83
- Cooling System
- None
- Family Room
- Separate Family Room
- Fireplace Description
- Living Room, Wood Burning
- Floor Covering
- Carpet
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- No Garage
- Heating System
- Wall Furnace
- Laundry Facilities
- In Utility Room
- Living Area
- 1,109
- Lot Description
- Grade - Level
- Lot Size
- 9,900
- Neighborhood
- Cupertino
- Other Utilities
- Public Utilities
- Roof
- Composition, Rolled Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R1-8
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Listing courtesy of John Leahy from John Leahy, Broker. 408-386-1293
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