Single-Family
Rare Atherton Residential Development Site
999 Ringwood Ave, Atherton, CA 94027
Listing Price: $11,500,000
Investment Overview
999 Ringwood Avenue represents the rare opportunity to acquire a 0.92-acre residential development site within Atherton’s RM-10 Multifamily Overlay Zone. This overlay allows for up to ten residential units per acre, with a minimum of five residential units per site. The subject property has the potential to be developed with up to nine single-family residences; both detached and attached residences are permitted.
Investment Highlights
- Residential development opportunity in Atherton, one of the most exclusive and desirable communities in the nation.
- 999 Ringwood Avenue is within the town's RM-10 Residential Multifamily Overlay Zone, which allows up to ten units per acre by right.
- Detached and attached residential product are both allowed.
- Mature trees and vegetation border the property, providing natural screening and an established residential feel ideal for a future multifamily or townhouse-style project.
Exclusively Listed By
Listing Price: $11,500,000
Investment Highlights
- Residential development opportunity in Atherton, one of the most exclusive and desirable communities in the nation.
- 999 Ringwood Avenue is within the town's RM-10 Residential Multifamily Overlay Zone, which allows up to ten units per acre by right.
- Detached and attached residential product are both allowed.
- Mature trees and vegetation border the property, providing natural screening and an established residential feel ideal for a future multifamily or townhouse-style project.
Investment Overview
999 Ringwood Avenue represents the rare opportunity to acquire a 0.92-acre residential development site within Atherton’s RM-10 Multifamily Overlay Zone. This overlay allows for up to ten residential units per acre, with a minimum of five residential units per site. The subject property has the potential to be developed with up to nine single-family residences; both detached and attached residences are permitted.
Exclusively Listed By