CA > Milpitas
Milpitas, CA 95035,7280 Marylinn Drive
Milpitas, CA 95035,7280 Marylinn Drive
Milpitas, CA 95035,7280 Marylinn Drive
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$1,500,000
Est. payment /mo
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0.35 Acres Lot
Active

7280 Marylinn Drive Milpitas, CA 95035

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

02/15/2025 01:15 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81927870

HOA Y/N No

Lot Size 0.347 Acres

Acres 0.35

Property Sub-Type Unimproved Land

Property Description

Subject to city planner approval, the lot is good for 5-9 units but conservatively will likely be subdivided into 4-5 mixed-use units due to clearance limitations, with a frontage of 281.42 ft. Buildable area is one story (4435 SF per old building plan in 90'), now w building floor ratio almost 3x, subject to meeting all requirements for setbacks, parking, open space, and building codes. Current R3B zoning allows for a 3-story, 4+ units, with a maximum of 11,330 SF. Single-family homes have sold for $828/SF, and condos for $667-1,000/SF, with sellers leaving lots of profit on the table. The property offers a mixed-use opportunity for potential buyers, with the option to use the 1st floor as a versatile commercial space adaptable to various needs such as medical clinics, retail stores, showrooms, classrooms, restaurants, offices, OEMs/branches/sales offices. The 2nd and 3rd floors are for residential use, offering the potential to create either a large family home or another 3-4 separate condos, at the buyer's preference. The flexible layout of the building presents multiple opportunities, such as a Michelin Stars restaurant with the 1st and 2nd floors for the restaurant and kitchen, and the 3rd floor for the chef's residence, also with an herb or vegetable garden in one place.

Location

State CA

County Santa Clara

Zoning R3B

Interior

Fireplace No

Building

Lot Description Level

New Construction No

Schools

School District Milpitas

Others

Tax ID 02207007R

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jennifer Li • Universal Network Group

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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