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Listed by Realty World-S.J.R.-Constantino Team
$ 2,998,888
Est. payment /mo
New
715 Cambrian Drive Campbell, CA 95008
4 Beds
3 Baths
1,525 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,525 sqft
Price per Sqft $1,966
MLS Listing ID ML82049185
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1951
Lot Size 0.436 Acres
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Opportunities like 715 Cambrian Drive don't come along often. Situated on one of the largest single parcels in the Campbell Village Neighborhood Plan area, this 19,000+ square foot lot offers what savvy investors are actively searching for immediate development rights under current law, with significant optionality on the horizon. Under today's rules, no variances, no waiting, the site supports two primary dwellings (side-by-side homes or a duplex) plus ADUs, delivering a potential income-producing portfolio on a single title. But the real story is what's coming. On the City Adjenda to be heard July 7th is an ordinance to modify subdivision standards for irregular lots. If adopted, this parcel which already meets the minimum size and frontage thresholds under SB 9 / SB 450 may qualify for an urban lot split into two independent legal parcels, each eligible for its own set of primary dwellings and ADUs. You may even want to consider this as your own family compound* It currently has the main house, 3 two car garages in the very back, a 2 car garage up front with a large bonus room/bath/bar*Campbell's top-rated schools, quiet neighborhood streets, and proximity to downtown make this a place families genuinely want to put down roots
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Cooling Central Air
Flooring Hardwood
Fireplaces Number 2
Fireplaces Type Living Room, Wood Burning
Fireplace Yes
Exterior
Garage Spaces 8.0
Private Pool false
Building
Story 1
Water Public
Schools
School District Campbell Unified School District, Cambrian Elementary