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Investment Highlights

  • Fully entitled for 41 duet homes with city-approved subdivision map and density bonus waiver.
  • Convenient access to Highway 4, Interstate 680, and Amtrak Capitol Corridor.
  • Fee-simple lot structure providing long-term ownership flexibility.

Executive Summary

ACARA is pleased to present Wyoming Heights, an entitled residential development opportunity consisting of 34 duets and 7 single family homes, offering developers a rare chance to deliver new fee-simple housing in one of Contra Costa County’s most supply-constrained markets. Located at the end of Wyoming Street in the established Mountain View neighborhood of Martinez, California, the project has received approvals from the City and a qualified buyer will be positioned to quickly
advance through permitting to shovel ready status.
Designed in a contemporary brownstone and rowhome style, the homes are planned at approximately 1,400–1,500 square feet each with three different floor plans. The three-story wood-framed buildings draw on the architectural tradition of urban attached housing while delivering a distinctly modern execution suited to the Martinez hillside setting. Each home has a single-car garage with an additional 21 spaces throughout the project. Eight of the homes are affordable at low-income levels while seven of the homes are designed as visitable, broadening the eligible buyer pool to include multi-generational households and buyers with accessibility needs.
The Mountain View neighborhood surrounding the site is one of Martinez’s most established and desirable residential enclaves, characterized by mature single-family homes and strong owner-occupant demand. Wyoming Street sits on the city’s hillside, offering residents a quiet residential character with proximity to downtown Martinez, regional parks, top-rated schools within Martinez Unified School District, and the broader employment centers of the East Bay and Tri-Valley.
Martinez is the Contra Costa County seat, situated on the Carquinez Strait at the northern edge of the East Bay. The city offers a revitalizing downtown waterfront district anchored by ongoing public and private investment, convenient access to Interstate 680 and Highway 4 and direct Amtrak Capitol Corridor rail service which provides connection to Oakland, Berkeley, Sacramento, and the broader Bay Area. The City Council recently approved a major public-private partnership to potentially redevelop the 135-acre waterfront with hotels, an amphitheater, waterfront dining, ferry service, small craft rentals, an environmental center, and expanded park access.
The Martinez market has demonstrated steady resilience through 2025 and enters 2026 with stable fundamentals, reflecting strong seasonal demand and a buyer pool that continues to compete for well-positioned product. Homes are going to pending status in approximately 12 days, confirming that buyer engagement remains active despite a higher interest rate environment. The market is best characterized as stable and supply-constrained, a profile that supports confident underwriting for new product entering at the right price point.

Property Facts

Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 2.00 AC

1 Lot Available

Lot

Lot Size 2.00 AC

Description

The property consists of approximately 2.0 acres of vacant land located off Wyoming Street, west of Kelly Avenue and north of Saxon Street in Martinez, California. It is entitled for 41 residential duet units under a vesting tentative subdivision map and state density bonus waiver approvals. The site is zoned Community Services District (CSO) and is currently improved with an older building that requires demolition. Utilities are available from the City of Martinez and PG&E. The property is within the Mountain View neighborhood and the Martinez Unified School District, with nearby access to Interstate 680, Highway 4, and the Amtrak Capitol Corridor. Surrounding uses include single-family residential neighborhoods, retail centers, and public parks.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 376-041-004-7
  • 376-042-010-3
Land Assessment
$356,804 CAD
Improvements Assessment
$394,985 CAD
Total Assessment
$751,788 CAD
  • Listing ID: 40059699

  • Date on Market: 2026-04-07

  • Last Updated:

  • Address: 0 Harbor View Dr, Martinez, CA 94553

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