46 Camborne Ave, San Carlos, CA 94070

Note that this is cross-listed (and the same as) the lot listed as 48 Camborne Ave. This is a 13,030 sqft lot in unincorporated San Mateo County (which is easy to work with and means lower property taxes) with initial plans for both modern and traditional designs. Pre-development work has been done with San Mateo County, so next step is for owner or developer to finalize plans and submit (3-6 months) and then build (6-12 months). Never built a home before and want help? Seller has luxury development and construction experience and can assemble design/build team and assist buyer in building their dream home. Instead of paying $2.5M+ for an older home based on someone else’s design (and then spending $200k+ to make it a little bit more the way you would like it), spend only ~$2M total to build your dream house and instantly gain $500k-$1M in equity (market comps support $2.5-3M value). Seller has priced out construction with several local builders for less than $1M. Live in it for life or sell it after 2 years and walk away with $500k+. Although it is a downhill sloped lot, the ~1/3 acre lot lends itself to having a flat front yard and large usable, terraced yard in back. Just like many of the homes on this street, the main living area can be designed to be flat and accessed without stairs from the street and driveway. Meaning, while the house likely would be two (or even three levels) in total, the main living areas of kitchen, dining, and a bedroom and bathroom (and even an in-law unit) could be flat and handicap accessible for older occupants/visitors – which is very different than many hillside lots and homes. • 3,686 sqft house (+ 400sqft garage, total 4,086 sqft) home could be built • Rural setting and yet just several minutes from San Carlos and Belmont commercial districts • Districted for Belmont-Redwood Shores School District (a great school district), and walking distance to Carlmont High • Backs up onto large canyon, with expansive canyon and bay views – take a hike or go mountain biking right our your back door • On dead-end street, so safe for children (a neighbor even has a movable basketball hoop up in the street) • Pre-development documents available include: Survey and topographical map; Septic Percolation test showing "A" rating; Certificate of Compliance showing "A" rating; and Stamped lot-line adjustment showing lots previously separated combined into one parcel • Utilities available at street and home will use a septic system (septic systems are still very common in rural, larger properties and unincorporated areas, they require no special use other than pump-out every few years for a ~$500, and eliminate both monthly sewer costs and save ~$2k/yr in property taxes) This amazing Oak tree studded 13,030 sqft lot is one of the last remaining premium view lots in the coveted San Carlos hills. Beautiful, quiet cul-de-sac location to place up to a 3,686 sqft home plus 400 sqft garage. This very private lot looks over sensational, rare, & undeveloped canyon, with bay view. This magical setting allows the buyer to design a modern or traditional home, with room for front & back yards & an in-law unit. The SF Peninsula is less than 10 minutes from HW 101, 280 & CalTrain, and less than 30 minutes to San Francisco & San Jose (without traffic, of course!). For more information, email: dcolangelo@interorealestate.com