Welcome to your slice of paradise on Lochard St, Oakland!
Nestled next to an impressive, yet-to-be-finished 20,000+ square foot residence, this stunning lot offers a myriad of possibilities for the discerning buyer.
With previously approved but now expired plans for an 11,000 square foot home, this 1.1-acre parcel is primed for greatness. Consider splitting the lot to craft two luxurious residences, each meeting the minimum size requirement of 4,000 square feet.
Over $900,000.00 in site work, surveys, permits and retaining walls were completed nearly a decade ago, setting the stage for streamlined development. Two driveways have been thoughtfully cut in, leading to a generously flat building area poised to maximize those awe-inspiring views.
Whether you're a seasoned developer seeking your next project or an individual envisioning their dream home, this lot presents an exceptional opportunity. Imagine building 2 5000sqft homes or one 11,000 sqft mini mantion
Marvel at the breathtaking vistas of Oakland and San Francisco, on a clear-day you can see three of the five Bay Area bridges. This isn't just a view; it's awe inspiring and bound to motivate and invigorate.
With previously approved but now expired plans for an 11,000 square foot home, this over 1-acre parcel is primed for greatness. Consider splitting the lot to craft two luxurious residences, each meeting the minimum size requirement of 4,000 square feet.
All utilities and sewer connections are conveniently nearby, ready to be seamlessly integrated into your vision. Located near the end of a tranquil cul-de-sac, this private street offers tranquility and peace amidst nature's bounty.
Retaining Walls
Grading, Dirt Removal
Plans, Permits
Misc, Surveyor, Fees
Properties in highly regarded neighborhoods command higher prices.
A Flat or gently sloping lot is less expensive to develop than steeply sloped land, which requires additional excavation and construction costs.
Land with existing infrastructure and utility connections is more valuable and it reduces development costs and time.
The closeness to schools, shopping, hospitals, and recreational facilities can enhance land value.
Larger parcels may have a lower per-unit cost and could be subject to higher demand, depending on the intended use.
The potential to subdivide larger parcels into smaller lots can increase value, especially in urban settings where land is scarce.
Welcome to your slice of paradise on Lochard St, Oakland!
Nestled next to an impressive, yet-to-be-finished 20,000+ square foot residence, this stunning lot offers a myriad of possibilities for the discerning buyer.
Land with existing infrastructure and utility connections is more valuable as it reduces development costs and time.
Retaining walls 95%
Grading 80%
Excavation 85%
Permits 60%
