16460 Bonnie LN Los Gatos, CA 95032

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Chris Mardelli

Broker | License ID: 01834969

+1(310) 571-5761

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Key Details

Sold Price $2,200,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81980086

Lot Size 0.457 Acres

Property Description

Pennant Properties along with Design by Mish are pleased to present this one-of-a-kind dream custom home opportunity on cherished Bonnie Lane in Los Gatos, CA. 16460 Bonnie Lane is nearly one acre of almost flat buildable land situated in a highly desirable location in Los Gatos. The opportunity is to purchase one of two parcels for a beautiful custom home development, or to buy the entire acre to create your dream estate or family compound. California State Senate Bill 9 (SB9) has created the opportunity for this property to be split into two separate parcels. Pennant Properties and Design by Mish have moved the property through the jurisdictional process to avail a buyer of the opportunity to quickly complete an SB9 development under either the Urban Lot Split option or the Two-Unit Housing Development option, or both. A building permit can be secured ministerially in just a few months, not years so the project can be under construction much quicker. The options provide for opportunities to build multiple dwellings across both lots, or on an individual lot or the full lot, to bypass the discretionary planning process and attain a building permit ministerially. Further details can be provided on this incredible time-saving entitlement. Website is property address in typ format.

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning R-1:20

Exterior

Fence Partial

View Y/N No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Raymond J. Fisher

High Schools Los Gatos

School District Other

Others

Special Listing Condition Standard

Listed by Jim Foley • Pennant Properties
Bought with Denise Carr • Compass

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