Ascot
Oakland, CA 94611
Piedmont Pines Development · Land For Sale
·
1.20 AC
Investment Highlights
- Rare development opportunity in the highly sought-after Piedmont Pines neighborhood of Oakland
- Elevated, wooded residential setting located on Ascot Road near Mastlands Drive with strong buyer demand for new construction
- Approximately 1.20 acres of RH-4 zoned residential land positioned for efficient planning and design execution
- Five adjacent parcels offering the ability to build five single-family homes plus potential ADUs based on RH-4 zoning
- Surrounded by established hillside homes where median new-build sale prices exceed $1.85M
- Priced at $549,000 for all five lots, equating to an attractive $108,800 per parcel
Property Facts
| Property Type | Land | Total Lot Size | 1.20 AC |
| Property Subtype | Residential | Cross Streets | Mastland |
| Proposed Use | Single Family Development | ||
| Zoning | RH-4 - Residential development | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 1.20 AC |
| Cross Streets | Mastland |
| Zoning | RH-4 - Residential development |
Description
Unveiling an Unparalleled Development Opportunity! Embrace the extraordinary with these expansive lots, ranging from approximately .21 to .26 acres each, totaling a sprawling 1.206 acres. Nestled in the sought-after Piedmont Pines neighborhood, this property invites visionary developers to embark on a stunning hillside project with limitless potential. Captivating city views, the iconic bay bridge, and beyond paint a breathtaking backdrop for this development canvas. Zoned RH-4 for Multi-Family Residential, each lot generously allows for the construction of one primary unit and a secondary unit, unleashing a myriad of possibilities for an awe-inspiring residential enclave. Beyond the panoramic vistas, Piedmont Pines enchants with its charm and convenience. Surrounded by elegant homes and towering Eucalyptus trees, the location offers both tranquility and accessibility. Utilities conveniently line the street, streamlining the development process for a seamless execution of your vision. This isn't just land; it's an invitation to craft something truly exceptional. Whether envisioning a single, grand residence spanning all five lots or five distinct homes, the potential is boundless. A preliminary study has laid the groundwork, with comprehensive reports and disclosures readily available. Seize this rare opportunity to bring your dream home or visionary development to life on this remarkable canvas that transcends the ordinary. The time to create something extraordinary is now!
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $176,442 | Total Assessment | $176,442 |
Property Taxes
