55 Orchard Ave, Redwood City, CA 94061

$1,480,000

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Listed by Shawn Jahan, 408-916-8665 from Realty World Dominion
(If provided) CoList: from

Sold listing courtesy of Ashish Agrawal from ARAAR

Sold Price
$1,480,000
List Price
$1,650,000
Closing Date
Apr 21, 2025
MLS#
ML81993486
Status
SOLD
Zoning
R2
Lot Size
5,375

Property Description

Build your dream home on this shovel-ready lot With approved plans, completed street improvements & Site Improvements. this property is ready for immediate development. Approved Plans for a Modern two-story design with 5 bedrooms, 4.5 bathrooms, totaling 3,468 sq. ft. (including a 439 sq. ft. garage). PG&E Utility box brought to the property line. Sewer Line Brought down to in front of the lot. Water Meter has been installed. Drainage System & Infiltration system has been completed. Brand-new asphalt laid in front of the lot. A 5-foot concrete walkway and new driveway approach completed. Recent Appraisal Completed in November 2024, confirming the propertys value of $1,750,000. This 5,375 sq. ft. flat rectangular lot (50 ft. x 107.5 ft.) is in one of Redwood Citys most desirable areas. Close to Downtown Redwood City, Woodside Road, El Camino Real, Hwy 101, and Hwy 280, it offers easy access to tech hubs like Facebook, Amazon, and Oracle.Dont miss this rare opportunity in Redwood City.

Additional Information

Acres
0.12
Development Status
Approved Building Plan, Improvements Completed
Fence
Fenced Front
Lot Description
Grade - Level, Surveyed
Lot Size
5,375
Other Utilities
Electricity - On Site, Gas - On Site, Public Utilities
Parcel Access
City Street
Present Use
Residential
Sewer
Sewer - Public, Sewer Connected
Unincorporated Yn
Yes
Zoning
R2

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