4th Street - Entitled For 84 Market Rate Townhomes 4.01 Acres of Residential Land in Hollister, CA 95023

Located at the northwest corner of San Juan Hollister Road and Westside Boulevard in Hollister, the Property presents a rare opportunity to acquire a +/- 4.02 acre infill residential development site planned for an 84-unit attached 100% market rate townhome community within one of Northern California’s fastest-growing emerging housing markets. Strategically positioned near Historic Downtown Hollister, the site benefits from immediate access to shopping, schools, parks, and community amenities while maintaining strong regional connectivity to San Jose, Gilroy, Monterey, and the broader Silicon Valley and Monterey Bay employment corridors.
The proposed community has been designed as a pedestrian-oriented townhome development featuring landscaped paseos, integrated open space, and a central community gathering area. Current plans include two and three story residences ranging from two to four bedrooms at approximately 1,192 square feet to 1,868 square feet with a project density of approximately 20.9 dwelling units per acre. The site plan incorporates over an acre of total open space, including both common and private areas, creating an efficient higher-density residential environment tailored to today’s affordability-focused housing market.
The Project benefits from advanced entitlement progress, including an approved Tentative Map, with the Final Map nearing recordation and construction drawings currently in progress. This provides developers with the opportunity to accelerate project timelines relative to typical raw land development opportunities.
The Hollister housing market continues to experience strong demand driven by relative affordability compared to surrounding Bay Area markets, ongoing population growth, and constrained housing supply. The current competitive market includes communities such as Brighton at Fairview, Aspen Park, Everglen, Highgrove at Fairview, The Cottages, Willow Landing, and Fairview Corners, with advertised pricing generally ranging from the high-$600,000s into the mid-$800,000s. While the market has broadened its supply of entry-level detached housing product, there remains limited attached townhome inventory, positioning the Property as a differentiated and potentially more attainable alternative within the marketplace.
Additionally, the infill nature of the Property is expected to reduce offsite infrastructure requirements relative to suburban greenfield developments, potentially improving development efficiency and lowering overall site improvement costs. The Project may also support either a build-for-sale or build-for-rent execution strategy depending on future market conditions. Comparable rental-oriented product such as Kiper Homes’ Duets at Westfield further supports the viability of attached residential product within the Hollister market.
Overall, the Property represents a compelling opportunity to develop a well-located, attainable residential community within a steadily growing and supply-constrained Northern California housing market.