See all 17 photos

$2,499,000

Est. payment - /mo

0.46 Acres Lot

Contingent

16460 Bonnie LN Los Gatos, CA 95032

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Jan

Mon

Jan

Tue

Jan

Xavier Williams

[email protected] +1(408) 774-4300

UPDATED:

01/15/2025 09:45 PM

Key Details

Property Type Vacant Land

Sub Type Residential Lot

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID ML81980086

Originating Board MLSListings, Inc.

Lot Size 0.457 Acres

Property Description

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.

Location

State CA

County Santa Clara

Area Los Gatos/Monte Sereno

Zoning R-1:20

Exterior

Fence Partial Fencing

Utilities Available Electricity - Available at Street, Gas - Available at Street, Public Utilities

Building

Lot Description Grade - Level, Possible Lot Split, Surveyed

Sewer Sewer - Public, Sewer Available

Water Public, Water Available at Street

Others

Tax ID 532-02-076

Special Listing Condition Not Applicable

Listed by Jim Foley • Pennant Properties

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

"It's your money, and you're going to be making the payments on your new home (not me). Let's take the time to find the right fit, for you, at your pace! "

+1(408) 774-4300

[email protected]

5450 Thornwood Dr Ste F, San Jose, California, 95123, USA