Price Reduction
Listed By:
Jennifer Li with Universal Network Group - 510-375-8986
Address
7280 Marylinn DR, Milpitas, CA
Price
$ 2,180,000
Property Attributes
  • MLS#ML81927870
  • TypeLand
  • CountySANTA CLARA
  • CityMilpitas
  • AreaMilpitas
  • Zip95035
  • StyleZone Change Possible,None
  • Price$ 2,180,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.3468 Acres
Data Source:
MLSListings Inc.
Property Description

Possible subdivided into 3-4 lots R1(frontage 281.42 ft long) n subject to meet all requirements for setbacks, parking, open space, building codes; current R3B zoning could build a 3-story, 4+ units(1x 4-plex or 2x2-plex), maximum of 11,330SF. SFH sold $800/sf, condos SOLD $667/SF, Sellers left lots of profit on the table. The property offers a mixed-use opportunity for potential buyers, with the option to use 1st Fl. as a versatile commercial space that can be adapted to various needs such as medical clinics, retail stores, showrooms, classrooms, restaurants, offices, OEMs/branches/sales offices. The 2nd n 3rd Floor are for residential use, offering the potential to create either a large family home or another 3 separate condos, at the buyer's preference. The flexible layout of the building presents multiple opportunities, such as Michelin Stars Restaurant, 1st and 2nd floor for restaurant and kitchen, 3rd floor for chef's residence, also with an herb or vegetable garden in one place. Subject to city design review.

Price History
5/11/2023 Listed $2,879,900
6/22/2023 4% - $2,780,000
12/20/2023 11% - $2,499,938
4/30/2024 13% - $2,180,000

General Features

Development Status Build to Suit,Design Review Required
Utilities Available - Not On Site
Water Public
Property SubType Residential Development Land
City Limits (Y/N) Yes
Zoning Text R3B MIXED USE
County Santa Clara
Property Type Residential Lots & Land
Present Use Zone Change Possible,None
Special Listing Conditions Not Applicable
Status Active
City MILPITAS
MLS Area Milpitas
Listing Agent State License 01714039

Exterior Features

Lot Description Grade - Level
Fencing None
Horse Property No
Lot Size Area 15107.00
Parcel Access Paved Road
Maximum Lot Size 15107.00
Sewer/Septic Sewer - Public
Lot Acres 0.3468
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 95035

Price
AVG $3.91M
$2.18M
Visits
AVG 148
317
Data Provided by Inside Real Estate®
Walkscore
AVG 73
73
Data Provided by Walkscore® not using MLS data