Share This Listing

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Ascot
Oakland, CA 94611
Piedmont Pines Development · Land For Sale · 1.20 AC

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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

Executive Summary

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 Facts

Sale Type Investment or Owner User
Sale Condition 1031 Exchange
No. Lots 1
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

1 Lot Available

Lot 5

Price $400,049 CAD
Price Per AC $333,374.57 CAD
Lot Size 1.20 AC

Unveiling an extraordinary 1.206-acre hillside development in Piedmont Pines! With city views, bay bridge panoramas, and zoning for multi-family residences, each .21-.26 acre lot is a canvas for your dream home or visionary project.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 048D-7254-027-00
  • 048D-7254-029-00
  • 048D-7254-028-00
  • 048D-7254-025-00
  • 048D-7254-026-00
Land Assessment
$240,263 CAD
Improvements Assessment
$0 CAD
Total Assessment
$240,263 CAD
  • Listing ID: 30535499

  • Date on Market: 2024-01-04

  • Last Updated:

  • Address: Ascot, Oakland, CA 94611

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}