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$6,500,000

0 Upper Terrace Avenue

Half Moon Bay, CA 94019

Active

San Mateo

County

Land

Property Type

About this home

Don't miss this rare opportunity to build 26 homes as apart of a new subdivision (Pacific Ridge} on approximately 115 acres in Half Moon Bay. Pacific Ridge has the perfect setting to create a very desirable housing development that has the best of both worlds. It overlooks beautiful open space yet it is walking distance to downtown Half Moon Bay. These lots are part of a Coastal Development Permit issued by the California Coastal Comm'n for a single family subdivision with 63 lots. Phase 2 has 26 finished lots ranging in size from approx. 10,500 to 16,700 sf. The total aggregate habitable space is approx. 118,300 sf for 26 homes. Sufficient water connections and benefit units for sewer treatment for 26 homes. All utilites are underground and installed at each lot.

Listed by John Alexander · DRE #00938234 · Coldwell Banker Realty

MLS #1034153882

ListedMar 13, 2023

Property Details

Architecture

StoriesN/A

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total0

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size8.00 ac

Lot FeaturesSloped Down

ViewN/A

DirectionsTake Hwy 1 to Terrace Ave. which is north of Hwy 92. Drive east on Terrace Ave. just past Red Hawk Ct. If you want to use your navigation put in 701 Upper Terrace Ave. Cross Street: Red Hawk Ct.

Community

Area699 - Not Defined

School DistrictOther

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NamePacific Ridge H.M.B.

HOA FeeN/A

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Mortgage Estimate

$34,596/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 10:45 PM

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