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Upper Terrace Ave Half Moon Bay, CA, 94019
$8,100,000 $1,400,000 Land under contract 8.00 acres
Don't miss this rare opportunity to build 26 homes as apart of a new subdivision (Pacific Ridge} on approximately 115 acres in Half Moon Bay. Pacific Ridge has the perfect setting to create a very desirable housing development that has the best of both worlds. It overlooks beautiful open space yet it is walking distance to downtown Half Moon Bay. These lots are part of a Coastal Development Permit issued by the California Coastal Commission for a single family subdivision with 63 lots. Phase 2 has 26 finished lots ranging in size from approx. 10,500 to 16,700 sf. The total aggregate habitable space is approx. 118,300 sf for 26 homes. Sufficient water connections and benefit units for sewer treatment for 26 homes. All utilites are underground and installed at each lot.
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Property details
348,480 sqft interior area
Land area
348,480 sqft (8.00 acres)
Price per sqft
$23/sqft
Days on Verhouse
413
Address
Upper Terrace Ave, Half Moon Bay, CA, 94019
City of California
Half Moon Bay
County
San Mateo
District
Listing
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Listed by
John Alexander, Coldwell Banker Realty
Name
John Alexander
License number
00938234
Brokerage company
Coldwell Banker Realty
MLS #
ML81921421
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Calculate your monthly payments
Mortgage
$24,869
Taxes
$0
HOA dues
$0
Mortgage
$1,620,000 / 20%
2.28%
30 years
Your amount
$24,869 / month
Lot details
TMK #056570010
Lot Description
Mostly Level, Side Slope
Parcel #
056570010
94019 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94019
32%
Families with children
National average: 39%
27%
Non family households
20,521
Population
$85,576
Average Income
Age & gender
Median age 44 years
More info
Commute types
85% commute by car
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Education level
27% have bachelor education
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Number of employees
19% work in management
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Vehicles available
36% have 2 vehicle
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Vehicles by gender
36% have 2 vehicle
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Housing market insights for
$1.38m
Neighborhood average
sales price*
sales price*
$1.2m
Neighborhood median
sales price*
sales price*
48
Number
of sales*
of sales*
Housing type
68% are single detacheds
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Rooms
35% of the houses have 6 or 7 rooms
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Bedrooms
62% have 2 or 3 bedrooms
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Owners vs Renters
71% are owners
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9.17 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Location Details, Documents & Disclosures
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Directions to property
Take Hwy 1 to Terrace Ave. whic
Price history
Under contract Mar 6, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 6, 2024 | Under contract | $8,100,000 | 23.24 | MLS #ML81921421 |
| Jan 26, 2024 | Price Decrease | $8,100,000 -14.74% | 23.24 | MLS #ML81921421 |
| Sep 11, 2023 | Price Decrease | $9,500,000 -15.03% | 27.26 | MLS #ML81921421 |
| Mar 13, 2023 | New Listing | $11,180,000 | 32.08 | MLS #ML81921421 |
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Frequently Asked Questions about Upper Terrace Ave
What is Upper Terrace Ave?
Upper Terrace Ave is a lot of 8.00 acres (about is 348,480 sqft).
What is the full address of this Land?
Upper Terrace Ave, Half Moon Bay, CA, 94019.
Tell me about the point of interest nearby
The closest grocery stores are Safeway 0308, 0.11 miles away and New Leaf Community Market, 0.23 miles away.
Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 12, 2024
Verhouse Last checked 4 minutes ago
The closest grocery stores are Safeway 0308, 0.11 miles away and New Leaf Community Market, 0.23 miles away.
The 94019 zip area has a population of 20,521, and 32% of the families have children. The median age is 44 years and 85% commute by car. The most popular housing type is "single detached" and 71% is owner.
