1043 Stuart St Lafayette, CA 94549

Property Details for 1043 Stuart St

Lot size

0.42 lot acres

Property type

Commercial real estate

Description

This exceptional 0.42-acre lot at 1043 Stuart Street in Lafayette, California, presents a unique investment opportunity for discerning developers. Priced at $3,500,000, this property is fully entitled for the construction of twelve townhomes, eliminating lengthy and costly entitlement processes. The site's location within Lafayette offers immediate access to the city's vibrant downtown area, featuring a diverse range of shops, restaurants, and cultural attractions. Residents will also enjoy the proximity to abundant outdoor recreational opportunities, including hiking trails, parks, and the Lafayette Reservoir. Lafayette's reputation for excellent schools and a strong sense of community further enhances the desirability of this development site. The streamlined development process, resulting from pre-approved entitlements, allows for a swift transition from acquisition to construction, minimizing delays and maximizing return on investment. This property represents a rare chance to capitalize on the high demand for housing in this sought-after East Bay location, creating a residential community that caters to the needs of modern homebuyers in a picturesque and convenient setting. The existing entitlements significantly reduce risk and accelerate the project timeline, making this an attractive proposition for experienced developers and investors seeking a profitable venture in a thriving market. The property's size and location are ideal for a high-quality townhome development that will seamlessly integrate into the existing Lafayette landscape.

Location Insight

City

Lafayette

County

Contra Costa

State

California

Longitude

-122.109

Latitude

37.895