Finding a cost-effective and buildable lot in the more established East Bay neighborhoods of the Berkeley and Oakland Hills can be a daunting if not impossible task. And finding such a lot is only half the battle. The rigorous and costly due diligence process most often includes geotechnical surveying, civil and structural engineering, city planning and permitting, architectural studies and design, just to name a few.
On rare occasions buyers are presented with the perfect opportunity to purchase land where all of these requirements have already been addressed. The three lots located on 6568, 6588, and 6598 Exeter Dr. in the Montclair Hills present you such an opportunity! Whether you are an investor or developer or a buyer looking to build your modern dream home, this may be the perfect opportunity for you. Not only have all three of these lots gone through the planning approval process but each of these lots can be purchased for $325,000 which includes the permitting fees and best of all, a complete set of architectural plans designed by Baran Studio Architects. (pictured above)
Recent comparable sales indicate a final property value of around $1.7-$1.8 million for such a home, resulting in a healthy profit for a builder/owner or a one of a kind modern architectural masterpiece for the discerning homeowner. Either way, this is a fantastic and rare opportunity. For further information regarding surveys, geotechnical studies, structural designs, or to schedule a showing please contact me.
East Bay Modern Real Estate