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0 Upper Terrace Ave, Half Moon Bay, CA, 94019

$8,100,000

8.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #ML81921421
Lot Size8.00 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 0 Upper Terrace Ave

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.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (650) 324-4456
  • Listing Agent: John Alexander

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  • Virtual Tour: 0 Upper Terrace Ave

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Lot Features

Lot Information:

  • Lot: Sloped Down
  • Lot Size: 8.00 Acres

Other

Directions Information:

  • Directions: Take Hwy 1 to Terrace Ave. which is north of Hwy 92. Drive east on Terrace Ave. just past Red Hawk Ct. If you want to use your navigation put in 701 Upper Terrace Ave. Cross Street: Red Hawk Ct.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,100,000
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Housing Market Comparison

See how this home compares to others in Half Moon Bay, CA.

Med. Sold Price

$1.6M

Med. Price/SqFt

$720

Avg. Days On Market

27

# of Sold Homes

10

0 Upper Terrace Ave vs Half Moon Bay

410 DAYS ON ROCKET

+383 Days

$8,100,000

+$6.4M More

KEY TAKEAWAY

This property is $6.4M more than the Median Sold Price in Half Moon Bay, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81921421

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (650) 324-4456
  • Listing Agent: John Alexander

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:20:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$40.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$24.3K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1424858
3
/10
  • Alvin S. Hatch Elementary School

  • 490 Miramontes Ave

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-1424859
4
/10
  • El Granada Elementary School

  • 400 Santiago Ave

  • 2.39 miles

  • Public District Grades KG-5

school-card-donut-1424860
6
/10
  • Highlands Elementary School

  • 2320 Newport St

  • 5.39 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $108,953. The majority of Half Moon Bay, CA residents have income between $100k-200k annually. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Upper Terrace Ave

What is the listing price of this property?

The listing price of 0 Upper Terrace Ave property is $8,100,000.

What type of property is this?

The property 0 Upper Terrace Ave is land located in Half Moon Bay, California, 94019.

Is this property for sale now?

Accepting Backup Offers: 0 Upper Terrace Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property 0 Upper Terrace Ave is 8.00 acres.
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Rocket HomesCaliforniaSan Mateo CountyHalf Moon Bay940190 Upper Terrace Ave

This home is located at 0 Upper Terrace Ave in Half Moon Bay, CA and zip code 94019. This home sits on a 8.00 acre lot. It has been listed on Rocket Homes since March 13, 2023 and is currently priced at $8,100,000.

Over 3 listings were sold over their listed price in March 2024 in Half Moon Bay, CA. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. In March 2024 in Half Moon Bay, CA there were 11.8% more homes for sale than in February 2024. In March 2024 median list price was $1,643,000 and the average listing age was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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