Exceptional development opportunity in San Jose's coveted Evergreen neighborhood. This pristine 2.5-acre parcel offers unprecedented potential under SB9 zoning with multiple development scenarios. Located at Kettmann Road, this R1-zoned property presents a rare opportunity in one of Silicon Valley's most desirable communities. Perfect for developers, investors, or visionaries looking to create their dream estate. Development potential: *SB9 qualified property allowing multiple duplex units *Can be subdivided into multiple 8,000 sq ft lots *Each new lot eligible for one duplex (two units), two additional ADUs and total potential of 4 units. Property Highlights: Pristine hillside location with panoramic valley views *Established residential neighborhood *All utilities available near lot *Multiple access points. Recent comparable sales: *1.13-acre parcel sold for $3.1M (2022) *Similar lots in area selling for $2.3M-$3.5M per acre. Investment Value: *One of the last large developable parcels in Evergreen *Strong market appreciation in Silicon Valley *High demand location with limited large lot availability Significant development potential under SB9 *Tech stock growth driving buyer purchasing power. Don't miss this hard to find opportunity!
MLS #
ML81982309
MLS Source
MLSListings, Inc.
Days on Site
53
Development Status
Lot Split Possible, Possible Lot Split, Unimproved Land
Existing Structures
None
Lot Description
Grade - Rolling
Present Use
Bare Land
Utilities
Gas - LESS than 500 feet away, Water - Public
Elementary District
Evergreen Elementary
High School District
East Side Union High
Sewer
Public Sewer
Water
Public
Zoning
PD
000 Kettmann Rd is in San Jose, CA 95121. This Land is currently priced at $3,200,000.
This address can also be written as 000 Kettmann Rd, San Jose, CA 95121.©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 28, 2024. For the most current information, please contact Freda Wang, (408) 595-2485