Bought with Stilla Raissi • Coldwell Banker Realty
$2,800,000
$2,998,888
6.6%For more information regarding the value of a property, please contact us for a free consultation.
715 Cambrian DR Campbell, CA 95008
4 Beds
2.5 Baths
1,525 SqFt
Key Details
Sold Price $2,800,000
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,525 sqft
Price per Sqft $1,836
MLS Listing ID ML82049185
Bedrooms 4
Full Baths 2
Half Baths 1
Year Built 1951
Lot Size 0.436 Acres
Property Sub-Type Single Family Home
Property Description
Opportunities like 715 Cambrian Drive don't come along often. Situated on one of the largest single parcels in the Campbell Village Neighborhood Plan area, this 19,000+ square foot lot offers what savvy investors are actively searching for immediate development rights under current law, with significant optionality on the horizon. Under today's rules, no variances, no waiting, the site supports two primary dwellings (side-by-side homes or a duplex) plus ADUs, delivering a potential income-producing portfolio on a single title. But the real story is what's coming. On the City Adjenda to be heard July 7th is an ordinance to modify subdivision standards for irregular lots. If adopted, this parcel which already meets the minimum size and frontage thresholds under SB 9 / SB 450 may qualify for an urban lot split into two independent legal parcels, each eligible for its own set of primary dwellings and ADUs. You may even want to consider this as your own family compound* It currently has the main house, 3 two car garages in the very back, a 2 car garage up front with a large bonus room/bath/bar*Campbell's top-rated schools, quiet neighborhood streets, and proximity to downtown make this a place families genuinely want to put down roots
Location
State CA
County Santa Clara
Area Cambrian
Zoning R1-8
Rooms
Family Room No Family Room
Other Rooms Artist Studio, Bonus / Hobby Room, Den / Study / Office, Great Room, Recreation Room, Storage, Workshop, Other
Dining Room Breakfast Nook
Interior
Heating Forced Air
Cooling Central AC
Flooring Hardwood
Fireplaces Type Living Room, Other Location, Wood Burning
Exterior
Parking Features Attached Garage, Detached Garage, On Street
Garage Spaces 8.0
Utilities Available Public Utilities
Roof Type Composition
Building
Story 1
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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