16460 Bonnie Lane, Los Gatos, CA 95032

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Property Description

Pennant Properties along with Design by Mish are pleased to present this one-of-a-kind dream custom home opportunity on cherished Bonnie Lane in Los Gatos, CA. 16460 Bonnie Lane is nearly one acre of almost flat buildable land situated in a highly desirable location in Los Gatos. The opportunity is to purchase one of two parcels for a beautiful custom home development, or to buy the entire acre to create your dream estate or family compound. California State Senate Bill 9 (SB9) has created the opportunity for this property to be split into two separate parcels. Pennant Properties and Design by Mish have moved the property through the jurisdictional process to avail a buyer of the opportunity to quickly complete an SB9 development under either the Urban Lot Split option or the Two-Unit Housing Development option, or both. A building permit can be secured ministerially in just a few months, not years so the project can be under construction much quicker. The options provide for opportunities to build multiple dwellings across both lots, or on an individual lot or the full lot, to bypass the discretionary planning process and attain a building permit ministerially. Further details can be provided on this incredible time-saving entitlement. Website is property address in typ format.


Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 16460 Bonnie Lane
City Los Gatos
State CA
Zip 95032
County Santa Clara
Listing Agent Jim Foley DRE #01841825
Courtesy Of Pennant Properties
List Price $2,499,000
Status Active Under Contract
Type Land
Structure Size N/A
Lot Size 19,905

Listing information courtesy of: Jim Foley, Pennant Properties. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 10th, 2024 at 4:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.