CA
Santa Clara
MILPITAS
95035
7280 Marylinn Drive
7280 Marylinn Drive, MILPITAS, CA 95035
Listing Type
Lots/Land
Listing Status
active
34
$1,680,000

Home Details for 7280 Marylinn Drive

Price
$1,680,000
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
0.3468
County
Santa Clara
Garage
Days on site
616
MLS Listing#
ML81927870
Listing courtesy: Universal Network Group - 510-371-8377
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.

Property Features
  • Water Features
    • Public
  • Utilities
    • Available - Not On Site
School Information
School Information for 7280 Marylinn Drive, MILPITAS, CA 95035
Elementary School
Anthony Spangler Elementary
Middle School
Thomas Russell Junior High
High School
Milpitas High
. Presented by: Jennifer Li
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EXIT REALTY KEYSTONE
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
CA BRE# 01183425. Margaret Vierra broker., CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
Office
408 550 1487
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