16460 Bonnie Lane, Los Gatos, CA 95032 - Berkshire Hathaway HomeServices California Properties

16460 Bonnie Lane, Los Gatos, CA 95032

$2,499,000 Approx. USD 0 beds, 0 baths

Listing Agent


Jim Foley | jimfoley@pennantproperties.com
Lic#: 01841825
Broker: Courtesy of Pennant Properties

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active Under Contract
MLS# ML81980086
Price: $2,499,000
Beds: 0
Baths: 0
0.46 acres
Lot size: 0.4570
County: Santa Clara
Zoning: R-1:20
Lot description: Level
MLS area: 699 - Not Defined

Last Updated: 4/29/2025

 Days On Market (DOM): 28

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.229506, -121.953190.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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