Under contract

Contingent

16460 Bonnie LN

LOS GATOS CA, 95032

$2,499,000


$125.53 per sqft

Under contract

Contingent

0.46 Acres

Land

Listed by Pennant Properties, Jim Foley, Listing Contact: 4088137490

Pennant Properties along with Design by Mish are pleased to present this one-of-a-kind dream custom home opportunity on cherished Bonnie Lane in Los Gatos, CA. 16460 Bonnie Lane is nearly one acre of almost flat buildable land situated in a highly desirable location in Los Gatos. The opportunity is to purchase one of two parcels for a beautiful custom home development, or to buy the entire acre to create your dream estate or family compound. California State Senate Bill 9 (SB9) has created the opportunity for this property to be split into two separate parcels. Pennant Properties and Design by Mish have moved the property through the jurisdictional process to avail a buyer of the opportunity to quickly complete an SB9 development under either the Urban Lot Split option or the Two-Unit Housing Development option, or both. A building permit can be secured ministerially in just a few months, not years so the project can be under construction much quicker. The options provide for opportunities to build multiple dwellings across both lots, or on an individual lot or the full lot, to bypass the discretionary planning process and attain a building permit ministerially. Further details can be provided on this incredible time-saving entitlement. Website is property address in typ format.

ML81980086

MLS ID

September 12, 2024

Listed

October 10, 2024

Updated

Map

16460 Bonnie LN
LOS GATOS CA, 95032

Exterior/Building Features

Lot Size

0.46 Acres


Lot Features

Level


Sewer

Public Sewer

School Information

School District

Los Gatos Union Elementary


High School

Los Gatos High


Elementary School

Blossom Hill Elementary

Other Property Details

Area Name

Los Gatos/Monte Sereno


Garage

No


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

R-1:20

Listing History

Date

Event

Price

10/10/2024

Under contract

Listed by Pennant Properties, Jim Foley,
Listing Contact: 4088137490 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Linda Pond shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Linda Pond are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

©2024 MLS Listing, Inc. All rights reserved. 2024

Data last updated 11:30 PM UTC, 10/10/2024

 

 

Powered byLuxury Presence