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128 Rosewood Lane Lane, San Mateo, California 94402, San Mateo, 94402 - 4 bed, 5 bath

128 Rosewood Lane Lane, San Mateo, California 94402 home-pic-0
ACTIVE$3,150,000
128 Rosewood Lane Lane, San Mateo, California 94402
4Beds
5Baths
4,000Sqft
9,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unrivaled Panoramic Views: The property offers sweeping, unobstructed vistas of the Bay, San Francisco, the Bridge, and the iconic Pulgas Water Temple, providing a premium and highly desirable living experience.
Top Cons:
Substantial Additional Construction Costs: The listed price is for the lot only; buyers must budget for significant additional construction expenses (estimated at $625 per sq ft) to build the custom home.

Compared to the nearby listings

Price:$3.15M vs avg $2.60M (+$551,000)70%
Size:4,000 sqft vs avg 1,870 sqft98%
Price/sqft:$788 vs avg $1.3K2%

More Insights

Built in 2025 (0 years old).
Condition: This listing is for a vacant lot with approved plans for a custom-built home, with a projected 'year_built' of 2025. While there is no existing structure to evaluate for kitchen, bathroom, or other interior conditions, the property is being sold as an opportunity for a brand-new, custom-designed residence. Once constructed, the home would be newly built, featuring all new components, modern quality standards, and no deferred maintenance, thus meeting the criteria for 'Excellent' condition. The images provided confirm it is a building pad ready for new construction.
Year Built
2025
Close
-
List price
$3.15M
Original List price
$3.4M
Price/Sqft
$788
HOA
$470
Days on market
-
Sold On
-
MLS number
ML82016220
Home ConditionExcellent
Features
Excellent View: Bay, Bridge(s), City Lights, Park/Greenbelt, Hills, Mountain(s), Ocean
ViewBay,Bridge(s),City Lights,Park/Greenbelt,Hills,Mountain(s),Ocean

About this home

Perched high in the San Mateo hills, 128 Rosewood Lane offers sweeping, unobstructed views of the Bay, San Francisco, the Bridge, and the iconic Pulgas Water Temple. Set in Bel Aire Heights, an exclusive 19 home community, this is a rare chance to build a custom estate in a premier location.. All Constructions Documents are complete and ready to submit for permits. This property is nearly flat lot on top of the world, Panoramic views from Bay to San Francisco to the lake, Great proximity to San Francisco and Palo Alto by 280. Building pad ready for you to build your dream home 700 feet above the sea level The lot can accommodate a home from 4000 sq ft to 6500 sq ft plus an ADU which can be used as your remote office while you take in the panoramic views. We have preliminary plans for a 4000 sq ft home and a 5000 sq ft home for you to leverage your design. Builder/Developer will the build the home of your dreams at 625 per sq ft depending on your finishes. This is a unique opportunity to create your dream home above the city, with full control to customize the layout and finishes to match your personal style and needs.

Condition Rating
Excellent
This listing is for a vacant lot with approved plans for a custom-built home, with a projected 'year_built' of 2025. While there is no existing structure to evaluate for kitchen, bathroom, or other interior conditions, the property is being sold as an opportunity for a brand-new, custom-designed residence. Once constructed, the home would be newly built, featuring all new components, modern quality standards, and no deferred maintenance, thus meeting the criteria for 'Excellent' condition. The images provided confirm it is a building pad ready for new construction.
Pros & Cons

Pros

Unrivaled Panoramic Views: The property offers sweeping, unobstructed vistas of the Bay, San Francisco, the Bridge, and the iconic Pulgas Water Temple, providing a premium and highly desirable living experience.
Exclusive Community & Location: Situated in Bel Aire Heights, an exclusive 19-home community high in the San Mateo hills, ensuring privacy, prestige, and a premier address.
Permit-Ready Custom Build Opportunity: All construction documents are complete and ready for permit submission, significantly streamlining the custom home building process and reducing initial development hurdles.
Flexible Design & ADU Potential: The lot can accommodate a substantial home (4000-6500 sq ft) plus an Accessory Dwelling Unit (ADU), offering extensive customization and versatility for various lifestyle needs.
Strategic Bay Area Proximity: Offers great proximity and convenient access to major employment and cultural centers in San Francisco and Palo Alto via I-280.

Cons

Substantial Additional Construction Costs: The listed price is for the lot only; buyers must budget for significant additional construction expenses (estimated at $625 per sq ft) to build the custom home.
Extended Project Timeline: Despite permit readiness, the buyer faces a lengthy construction period before the home is habitable, requiring patience and active project management.
Ongoing Association Fees Pre-Construction: Monthly association fees of $470 are incurred even before construction begins or the home is completed and occupied.

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