Approved 5-unit Townhome Development Site
0.19 Acres of Residential Land Offered at $500,000 USD in Concord, CA 94520
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $500,000
- Property Type
-
Land
Listing Contacts
Max Gunari
Verified Profile
Forrest Gherlone
Verified Profile
Mike Zylstra
Verified Profile
- Property Info
Property Overview
A fully approved 5-unit townhome development site in the heart of Concord, California—an economic hub within the San Francisco East Bay region.
This approved project features five three-bedroom, three bath townhomes with an attractive design, situated on a single
parcel, totaling 8,062 square feet. The architectural concept incorporates a three-story layout, with each unit offering the
convenience of a dedicated below-unit 2-car tandem garage and private patios.
Lake View Townhomes enjoy a strategic location with excellent transportation accessibility. The BART station is just a short half-mile walk away, and the convenience of Interstate-680 and Highway-242 on-ramps within a 1-mile radius further enhances the project’s accessibility. Residents will also appreciate their close proximity to the vibrant Todos Santos Plaza and The Veranda in Downtown Concord, offering a wide range of retail and dining options.
The current market dynamics strongly favor developers seeking well-located multi-family development sites within the Bay Area. The exodus from major urban centers like San Francisco, triggered by the onset of the COVID-19 pandemic, has made top-tier East Bay communities like Concord increasingly attractive in terms of relative value. With seamless access to San Francisco and Oakland, coupled with the entertainment options in Concord and Walnut Creek, it’s reasonable to anticipate robust demand for units at Lake View Townhomes, even before project completion.
This approved project features five three-bedroom, three bath townhomes with an attractive design, situated on a single
parcel, totaling 8,062 square feet. The architectural concept incorporates a three-story layout, with each unit offering the
convenience of a dedicated below-unit 2-car tandem garage and private patios.
Lake View Townhomes enjoy a strategic location with excellent transportation accessibility. The BART station is just a short half-mile walk away, and the convenience of Interstate-680 and Highway-242 on-ramps within a 1-mile radius further enhances the project’s accessibility. Residents will also appreciate their close proximity to the vibrant Todos Santos Plaza and The Veranda in Downtown Concord, offering a wide range of retail and dining options.
The current market dynamics strongly favor developers seeking well-located multi-family development sites within the Bay Area. The exodus from major urban centers like San Francisco, triggered by the onset of the COVID-19 pandemic, has made top-tier East Bay communities like Concord increasingly attractive in terms of relative value. With seamless access to San Francisco and Oakland, coupled with the entertainment options in Concord and Walnut Creek, it’s reasonable to anticipate robust demand for units at Lake View Townhomes, even before project completion.
Property Details
- Property Subtype
- Residential/Multifamily
Highlights
- Prime location.
- Approved 5-Unit Townhome Development.
- Thoughtful design.
- Exceptional accessibility.
- Proximity to amenities.
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