Golden Opportunity To Develop Prime Tiburon California Property
Tiburon, CA – 94920 – Single Family Home – $2,395,000 – 2 bed – 2 bath – Parking: 3 – Waterfront – Sqft: 1,650
Since constructed in 1951/52 this property has never been listed or offered for sale to the public. This home is located just over the Tiburon Bike Path and stretches all the way back to Tiburon Boulevard. There is not another home located on the Tiburon Bike Path that offers these views, size, level areas, and privacy.
Enjoy unobstructed views. (The house below can never build higher than it is because there is a height restriction within it’s deed) The real value here may be in the property’s potential.
According to architect Rodger Schow the property is 29,197 square feet with the potential to build up to a 5419.7 square foot home. The existing house is only 1678 square feet and reflects a one story one bedroom home, and a one story legal second unit/with permit.
Although there is access/steps to the bike path from the property that reach halfway down this property’s hillside over the path, typically access to the path is by taking a walk down Palmer Drive (the driveway below/south of this property) directly onto the path.
If that doesn’t sound like a golden opportunity for someone, then we don’t know what does.
We can’t resist sharing another photo of the views from that property in Winter up to Mt. Tamalpais that occasionally gets a dusting of snow.
To contact the agent and get more details about this property and opportunity for your buyers, check the property description page.
We just found this video of the property too…complete with Israel Kamakawiwo’ole music.
-Tiburon, CA Pocket Listing (Development Opportunity), $2,395,000 [PocketListings.net]