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Investment Highlights

  • Rare opportunity to purchase a fully entitled, for-sale residential project consisting of all 3 and 4-bedroom townhome-style condominiums
  • Affordable Bay Area price point offering tremendous value within FHA loan limits
  • In 2026, Tara Hills neighborhood home prices were selling for a median sales price of $633,000
  • Located just north of the Richmond BART Station, providing easy access to San Francisco
  • No on-site below market rate home requirement (BMR)

Executive Summary

Tara Creek is a fully entitled 33-unit townhome development located in the Tara Hills neighborhood of unincorporated Contra Costa County, California.
Located in the East Bay along the San Pablo Bay shoreline, Tara Creek offers panoramic Bay views and direct access to the recently expanded San Francisco Bay Trail. Residents can enjoy more than 15 miles of scenic waterfront trails for hiking, jogging, and cycling through the San Pablo Bay National Wildlife Refuge.
The property is ideally situated for commuters, with immediate access to Interstate 80 and proximity to major employment hubs—just 17 miles from downtown Oakland and 21 miles from downtown San Francisco.
• Located in the Tara Hills residential neighborhood of San Pablo with over 70% home ownership
• Walking distance to San Pablo Bay Shoreline with access to 15 miles of trails and 2,400+ acres of parkland and open space
• Immediate freeway access to I-80 (5 min.)
• Short driving distance to BART (less than 15 min.)
• Convenient driving distance to Hilltop Mall, Hilltop Plaza, Pinole Valley, Pinole Vista and Pinole Vista Crossing shopping centers (less than 10 min.)
The Property consists of an approximately 2.77-acre vacant and undeveloped site located at 16500 San Pablo Avenue in San Pablo, California. The parcel features sloped topography and an irregular rectangular configuration, including a notch along the northwest corner adjacent to an existing commercial property.
The site offers approximately 153 feet of frontage along San Pablo Avenue, 426 feet along O’Hatch Drive, and 267 feet along Tara Hills Drive. The southern property boundary adjoins eight existing single-family residences located on Brian Road.
Surrounding land uses include a 5-acre commercial center west of the Property across Tara Hills Drive, and approximately 13 acres of privately owned open space to the north across San Pablo Avenue. Garrity Creek and its associated watershed traverse much of the northern open space area, enhancing the natural setting surrounding the development. Additional single-family homes are located east of the site along O’Hatch Drive.
The Property is fully entitled with a vesting tentative tract map approved for the development of 33 townhome residences across six residential buildings. The planned unit mix includes twenty-two three-bedroom homes and eleven four-bedroom homes.
The community is designed with access from two private driveways off O’Hatch Drive and includes extensive landscaping throughout the project. Enhanced landscape buffers are planned along San Pablo Avenue, adjacent to the existing single-family homes to the south, and alongside Garrity Creek bordering the western edge of the community.

Attachments

Flyer

Property Facts

Price $3,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Single Family Development
Total Lot Size 2.77 AC
Zoning P-1 - Vesting Tentative Map: Approved. Improvement Plans: Approved. Construction Drawings: 1st Submittal. M9 (Montalvin Manor Mixed-Use) general plan.

1 Lot Available

Lot

Price $3,900,000
Price Per AC $1,407,942.24
Lot Size 2.77 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
403-202-011-9
Land Assessment
$1,071,606
Improvements Assessment
$0
Total Assessment
$1,071,606
  • Listing ID: 41878530

  • Date on Market: 8/25/2026

  • Last Updated:

  • Address: 16500 San Pablo Ave, San Pablo, CA 94806

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