10231 Adriana Ave, CUPERTINO, CA

$8,200,000

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1.34

Acres

About 10231 Adriana Ave

Attn: Developers here's your chance for a lucrative infill opportunity in the City of Cupertino, California. Cupertino has an A+ rating for Best Places to Live Index, ranking #4 of 509 cities in the Safety Index and #6 to Raise a Family. This prime site is identified in the City of Cupertino's Housing Element for a streamlined planning and approval process. The site is situated on a generous 61,855 square-foot lot, the property has City Services at the street and can accommodate up to 13+ new dwellings based on zoning codes and according to the Cupertino Planning Department recommendations. On Tuesday, May 14 at 6:45 p.m, the Cupertino City Council will hold a public hearing on the Housing Element adoption. The Planning Comm'n conducted a public hearing at a special meeting on Monday, April 29, 2024, recommending by a 3-2 vote that the City Council adopt the Housing Element and the related associated amendments necessary for its adoption. In line with Cupertino's progressive vision, the city's planning department is in the process of rezoning the property to R3/TH zoning designation, paving the way for the development of the 13 units. This allocation allows developers streamlined processes and density bonuses and DOES NOT include BMR requirements.

Features of 10231 Adriana Ave

MLS® # ML81966525
Price $8,200,000
Acres 1.34
Type Residential Lots and Land
Sub-Type Residential Development Land
Status Contingent

Community Information

Address 10231 Adriana Ave
Area Cupertino
City CUPERTINO
County Santa Clara
State CA
Zip Code 95014

Amenities

Utilities Electricity - On Site, Gas - On Site, Public Utilities
Is Waterfront No

Interior

Fireplace No

Exterior

Lot Description Grade - Level

Additional Information

Zoning R110
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMark Miano
OfficeKW Bay Area Estates
Contact Info408-821-1111

Listing Map

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