Description
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!
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0BEDS
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2.52ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing provided courtesy of Freda Wang of Intero Real Estate Services: 408-595-2485.
Description
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!
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