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261 Durazno Way - 261 Durazno Way, Portola Valley, CA 94082

1.21 Acres of Commercial Land Offered at $5,300,000 in Portola Valley, CA 94028

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Executive Summary

2 lots must be sold together

MLS Listing

Third Party Reports

Property Facts

Price	$5,300,000	Property Type	Land
Sale Type	Investment or Owner User	Property Subtype	Commercial
Sale Conditions	1031 Exchange	Proposed Use	Single Family Residence
No. Lots	1	Total Lot Size	1.21 AC

Price	$5,300,000
Sale Type	Investment or Owner User
Sale Conditions	1031 Exchange
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Single Family Residence
Total Lot Size	1.21 AC

1 Lot Available

Lot

Price	$5,300,000	Lot Size	1.21 AC
Price Per AC	$4,380,165

Price	$5,300,000
Price Per AC	$4,380,165
Lot Size	1.21 AC

077-123-260 is 22,950 sf and 077-123-270 is 29838 sf for total of 1.21 acres

Description

Amazing opportunity to purchase an existing home on one lot and build a new home at the end of a private driveway. The large lots are at the end of a quiet and serene cul-de-sac located in the sought after and rarely available Ladera neighborhood. The existing home is light and bright, oversized two car garage, beautiful grounds and full of potential. The properties have a Portola Valley address and are located in unincorporated San Mateo County with acclaimed Las Lomitas schools. Beautiful surroundings and views from different parts of the properties. Optional membership at Ladera Recreation Center for swimming, tennis, fitness and activities. Stores and restaurants at Ladera Shopping Center at the bottom of the hill, including the excellent Bianchini's Market. Quick access to Hwy. 280 and Stanford University. Both properties must be sold together. APNs 077-123-260 is 22,950 sf and 077-123-270 is 29,838 sf for total of 1.21 acres.

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