tomo logo

$2,499,000

Beds
Unknown
sq ft
19,905

16460 Bonnie Ln, Los Gatos, CA 95032

16460 Bonnie Ln

Los Gatos, CA 95032

  • 7 days on market
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.

Details

Property type

Unimproved Land

Lot size

0.46 acres

Price per sq ft

$126

Year built

Unknown

Price History

09/12/2024
MLSL

MLSL #ML81980031

Removed
$2,499,000
09/12/2024
BridgeMLS

BridgeMLS #ML81980031

Listed
$2,499,000
09/11/2024
MLSL

MLSL #ML81980031

Listed
$2,499,000
-28.6%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Gatos-Saratoga Joint Union High

Similar Homes Nearby

Pending
BridgeMLS
$2,849,000
5 bd
|
2.5 ba
|
2,270 sq ft
|
House

104 Verona Ct, Los Gatos, CA 95030

Price drop
BridgeMLS
$2,715,000
7 bd
|
4 ba
|
2,888 sq ft
|
House

304 Westhill Dr, Los Gatos, CA 95032

Pending
BridgeMLS
$2,899,000
4 bd
|
3 ba
|
2,012 sq ft
|
House

5026 Noella Way, San Jose, CA 95124

Status: Active

Tomo last checked: 09/20/2024 at 1:25 AM

Listing updated: 09/19/2024 at 8:31 PM

Listed by: Jim Foley, Pennant Properties Phone #: (408) 813-7490

MLS: BridgeMLS #ML81980086

BridgeMLS logo

Recently listed in Los Gatos

$2,300,000|3 bd|2.0 ba|House
$2,198,000|2 bd|2.0 ba|House
$4,398,000|6 bd|3.5 ba|House
$1,178,000|1 bd|1.5 ba|Townhouse
$1,798,000|3 bd|2.5 ba|Townhouse
$1,899,888|3 bd|2.5 ba|Condo
$3,498,000|4 bd|4.0 ba|House
$2,998,888|6 bd|3.0 ba|House
$1,978,888|3 bd|3.0 ba|Townhouse
$2,500,000|3 bd|2.5 ba|House