21851 Almaden AVE new Save Request In-Person Tour Request Virtual Tour
Cupertino,CA 95014
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,109 sqft
Price per Sqft $2,524
MLS Listing ID ML82010766
Bedrooms 2
Full Baths 1
Year Built 1942
Lot Size 9,900 Sqft
Property Sub-Type Single Family Home
Property Description
Tired of mediocre $3.5-6 million dollar houses in Cupertino on undersized lots with limited appreciation potential? Consider this unique opportunity in Monta Vista. Exceptional family location. Looking for buyer that wants to capture $2 million profit/equity while creating beautiful peaceful residence(s). My lot allows new owner to build a custom 4,200 sq. ft. SFR (& some ADUs). It also allows, for example, a 3,000 sq. ft. principal residence, a large ADU and small ADU. The ADUs would be detached structures with lots of sunlight and you would have a private rear yard behind your principal residence. Or you might build two x 2,000 ft. houses surrounded by garden. Thats three desirable alternates. These build-out options were not permitted until recently by Cupertino. This is a beautiful and private lot. Convert your stagnant appreciated equities into an investment vehicle for inflation safe, high appreciation, real estate in a privileged location. For total investment of approx. $5 million, projected ROI is $2 million. And you may generate over $100k/year income. Desirable location; high investment return; income; privacy; exclusivity; community; and natural beauty. This is the one you have worked your whole life for. 21851Almaden dot com Disclaimer: See Agents Remarks.
Location
State CA
County Santa Clara
Area Cupertino
Zoning R1-8
Rooms
Family Room Separate Family Room
Dining Room No Formal Dining Room
Kitchen Oven Range
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet
Fireplaces Type Living Room,Wood Burning
Laundry In Utility Room
Exterior
Exterior Feature Back Yard,Fenced
Parking Features No Garage
Utilities Available Public Utilities
Roof Type Composition,Rolled Composition
Building
Lot Description Grade - Level
Story 1
Foundation Concrete Perimeter and Slab
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable