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- LoopNet Team
13845 Saratoga Ave
Saratoga, CA 95070
Approved 5-Lot Builder's Remedy · Land For Sale
·
1.63 AC
INVESTMENT HIGHLIGHTS
- Prime Development Opportunity — 1.63-acre 5-lot residential development site in Saratoga’s prestigious Golden Triangle
- 5 Luxury Homes + 2 ADUs — Targeting Silicon Valley’s top-tier buyer pool
- Exceptional Market Fundamentals — High barriers to entry, limited new supply, and premium demand
- Entitlement Risk Removed — Tentative Map Approval secured (August 2025) under Builder’s Remedy + CEQA Exempt
- Steele Dr Private Community — Tree-lined entrance and secluded design for maximum exclusivity
- Strong Sales Comps — Nearby new-construction homes averaging $1,669/SF, with sales ranging from $6.5M to $7.5M
PROPERTY FACTS
DESCRIPTION
Exceptional opportunity to acquire 1.63 acres in the heart of Saratoga’s prestigious Golden Triangle. Approved under Builder’s Remedy (August 2025), the project includes Tentative Map Approval for five luxury single-family homes plus two ADUs, meeting Silicon Valley’s demand for upscale, multi-generational housing. The property currently generates $207,540 in gross annual income, helping offset carrying costs during the entitlement period. Next steps include securing Final Map Approval and preparing for site development, giving developers flexibility to refine plans before breaking ground. The community features a tree-lined entrance and a new private drive, Steele Dr, offering a sense of arrival and maximum privacy. The architectural vision embodies “quiet luxury” with timeless design, warm organic materials, seamless indoor-outdoor living, and curated layouts tailored for today’s discerning buyer. High-value exit potential drives the appeal for developers. With limited land availability, affluent demographics, and strong demand, this offering represents a rare opportunity in one of the Bay Area’s most supply-constrained luxury markets. Located within walking distance of award-winning schools, boutique shopping, fine dining, and downtown Saratoga, with easy access to Highway 85 and proximity to Silicon Valley’s top employers, including Apple, Google, NVIDIA, and Meta.
