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12150 San Mateo Rd 146.53 Acres of Agricultural Land Offered at $7,980,000 in Half Moon Bay, CA 94019



Executive Summary
± 143 acres of pure serene coastal real estate! The subject property offers convenient access to San Mateo Road (aka Highway 92) and is a short ride to Downtown Half Moon Bay or “over the hill” to the Peninsula.
The property is situated on flat and undulating terrain and offers an array of dwellings (all currently leased) and structures. Here are some of the attributes of this unique opportunity:
• ±143 Acres of Serene Coastal Real Estate (per Tax Records)
• Zoned: Agricultural PAD/CD
• Located within San Mateo County Jurisdiction
• Convenient Access to Highway 92/San Mateo Road
• Subject Property is NOT located in the Williamson Act
• Possible Development Opportunity - Buyer to Verify
• The property hosts the following structures/dwellings:
• Ranch House
• Custom Built Home
• 32’ x 32’ Garage/Shop
• Apartment Above Garage/Shop
• Bungalow
• 5 Horse Barns - Can Accommodate up to 42 Horses
Contact Listing Agent for More Information!
The property is situated on flat and undulating terrain and offers an array of dwellings (all currently leased) and structures. Here are some of the attributes of this unique opportunity:
• ±143 Acres of Serene Coastal Real Estate (per Tax Records)
• Zoned: Agricultural PAD/CD
• Located within San Mateo County Jurisdiction
• Convenient Access to Highway 92/San Mateo Road
• Subject Property is NOT located in the Williamson Act
• Possible Development Opportunity - Buyer to Verify
• The property hosts the following structures/dwellings:
• Ranch House
• Custom Built Home
• 32’ x 32’ Garage/Shop
• Apartment Above Garage/Shop
• Bungalow
• 5 Horse Barns - Can Accommodate up to 42 Horses
Contact Listing Agent for More Information!
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
| Price | $7,980,000 | Property Subtype | Agricultural |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 146.53 AC |
| Property Type | Land | ||
| Zoning | PAD/CD | ||
| Price | $7,980,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | |
| Total Lot Size | 146.53 AC |
| Zoning | PAD/CD |
1 Lot Available
Lot
| Price | $7,980,000 | Lot Size | 146.53 AC |
| Price Per AC | $54,458.84 |
| Price | $7,980,000 |
| Price Per AC | $54,458.84 |
| Lot Size | 146.53 AC |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Total Assessment | $1,439,635 (2026) | |
| Land Assessment | $726,188 (2026) | Annual Taxes | ($1) |
| Improvements Assessment | $713,447 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$726,188 (2026)
Improvements Assessment
$713,447 (2026)
Total Assessment
$1,439,635 (2026)
Annual Taxes
($1)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
12150 San Mateo Rd

