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.
MLS #
ML81980086
MLS Source
MLSListings, Inc.
Development Status
Lot Split Possible, Other - Call Listing Agent
Existing Structures
None
Fencing
PartialFencing
Lot Description
Grade - Level
Present Use
Bare Land
Utilities
Gas - Available at Street, Public Utilities, Public Utilities, Water - Public
Elementary District
Los Gatos Union Elementary
High School District
Los Gatos-Saratoga Joint Union High
Sewer
Public Sewer
Water
Public
Zoning
R-1:20
16460 Bonnie Ln is in Los Gatos, CA 95032. This Land is currently priced at $2,499,000.
This address can also be written as 16460 Bonnie Ln, Los Gatos, CA 95032.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of October 10, 2024. For the most current information, please contact Jim Foley, (408) 813-7490