Incredible development opportunity in Corona Heights! 260 Castro St has approved plans that are paid for and ready to be picked up from DBI (per seller). This parcel must be sold and developed with the adjacent parcel which also has approved plans, 262 Castro St. This double lot development has architectural plans crafted by Geddes Ulinskas Architects and calls for the development of four residences totaling 7,828 sq. ft.: a) two 3-bedroom condominiums at 1,963 sq. ft. and 1,787 sq. ft., b) one 2-bedroom standalone single family home cottage at 1,680 sq. ft., and c) one 3-bedroom single-family home at 2,398 sq. ft. The homes will include Downtown VIEWS as well as 1-car parking for each home. Roof decks, terraces, and gardens are included in the plans. A 2-bedroom, 1-bathroom single family home currently sits at the front of 260 Castro St, and a 2-bedroom, 2-bathroom single family cottage sits at the rear of the parcel of 262 Castro St. Located in a highly-sought after location at the axis of Corona Heights, The Castro, and Duboce Triangle, the location of this opportunity affords the developer to command a premium price for the completed homes. The full construction package includes shoring and interior design plans. Images are digital renderings, buyers to investigate
Assessed Value is a combination of the land and additions.
2023
$23,950
(+3.73%)
$1,968,559
Land 1,377,992 +
Additions 590,567
2021
$23,088
(+2.9%)
$1,929,961
Land 1,350,973 +
Additions 578,988
2019
$22,437
(+40.98%)
$1,872,720
Land 1,310,904 +
Additions 561,816
2017
$15,915
(+250.98%)
$1,800,000
Land 1,260,000 +
Additions 540,000
2016
$4,535
$1,320,331
Land 1,164,999 +
Additions 155,332
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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