16460 Bonnie LN, Los Gatos, CA 95032
- $2,200,000
Listed by Jim Foley, 408-813-7490 from Pennant Properties
(If provided) CoList: from
Sold listing courtesy of Denise Carr from COMPS
- Sold Price
- $2,200,000
- List Price
- $2,499,000
- Closing Date
- Jun 11, 2025
- MLS#
- ML81980086
- Status
- SOLD
- Zoning
- R-1:20
- Lot Size
- 19,905
- Neighborhood
- Los Gatos/Monte Sereno
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.
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Additional Information
- Acres
- 0.46
- Development Status
- Lot Split Possible, Other - Call Listing Agent
- Fence
- Partial Fencing
- Lot Description
- Grade - Level, Possible Lot Split, Surveyed
- Lot Size
- 19,905
- Neighborhood
- Los Gatos/Monte Sereno
- Other Utilities
- Electricity - Available at Street, Gas - Available at Street, Public Utilities
- Parcel Access
- Unimproved
- Present Use
- Bare Land
- Sewer
- Sewer - Public, Sewer Available
- Zoning
- R-1:20
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