This unique 6.15 acre (2.49 hectare) parcel has amazing ocean views starting from the north side that connects to the main road all the way across to the south side. On the north, there is a very large building site next to the road with multiple building options to take advantage of the wonderful ocean view. The property wraps around the mountain side with increasingly wider ocean views as you move south. A survey showed the potential for 8 or more homes when placed strategically on the outer ridges for maximum ocean views. Water and power are available from the north road. An easement is also possible from the south side.
This excellent developer’s parcel is priced at just $9.72 per square meter, which is a fraction of the standard lots in Pacific Heights that go for $20 to $30 per square meter. At this price you can buy just to start building on the north side home site and hold the rest of the land for later use.
For developers, this parcel can be combined with the neighboring lots at a discounted price to get over 20 acres. Whether you start by building one home or twenty, the Vista del Mar lots offer a variety of building options to take advantage of the wonderful ocean views.