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$6,500,000
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Property Description
Don't miss this rare opportunity to build 26 homes as apart of a new subdivision (Pacific Ridge} on approximately 115 acres in Half Moon Bay. Pacific Ridge has the perfect setting to create a very desirable housing development that has the best of both worlds. It overlooks beautiful open space yet it is walking distance to downtown Half Moon Bay. These lots are part of a Coastal Development Permit issued by the California Coastal Comm'n for a single family subdivision with 63 lots. Phase 2 has 26 finished lots ranging in size from approx. 10,500 to 16,700 sf. The total aggregate habitable space is approx. 118,300 sf for 26 homes. Sufficient water connections and benefit units for sewer treatment for 26 homes. All utilites are underground and installed at each lot.
Full Property Details
Full Property Details for 0 Upper Terrace Ave
General
- Price: $6,500,000
- Status: Active
- Type: Development
- Source: RE_Infolink
- MLS ID: ML81921421
- Updated: 1/23/2026
- Added to Site: 1, 185 day(s) ago
Additional Information
- Extras: New Subdivision
Location
- Area: Highland Park
- County: San Mateo
- Cross Streets: Red Hawk Ct.
Community
- Association: Yes
- Assoc. Fees Include: Other
Utilities
- Sewer: Sewer Available
- Water: Individual Water Meter, Water Available at Street
- Utility Description: Electricity (Available at the Street), Gas (Available at the Street)
Lot Features
- Lot Size (Acres): 8
- Minimum Lot Size: 348480
- Lot Size (Sq. Ft.): 348,480
- Development Status: Final Map Approved, Finished Lot, Improvements Completed, Subdivision - Yes
- Present Use: Vacant
- Zoning: Single Family Residential
- Lot Description: Mostly Level, Sloping at the Side, Grade Slopes Down, Grade Varies, Subdivided
- Fencing (Description): None
Disclosures and Reports
- Restrictions: Other
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Price & Sales History for 0 Upper Terrace Ave
Date
Details
Price
Change
Source
3/13/2023
Listed
$6,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Upper Terrace Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$309
21%
$6,676
2%
2024
$256
2%
$6,546
2%
2023
$251
—
$6,418
2%
2022
$250
1%
$6,293
2%
2021
$248
—
$6,170
1%
2020
$248
—
$6,107
2%
2019
$248
2%
$5,988
2%
2018
$244
—
$5,871
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Upper Terrace Ave
0 Upper Terrace Ave, Half Moon Bay, CA 94019 (MLS# ML81921421) is a Development property with a lot size of 8.0000 acres. 0 Upper Terrace Ave is currently listed for $6,500,000 and was received on March 13, 2023. This property is listed by John Alexander from our Menlo Park Office.Want to learn more about 0 Upper Terrace Ave? Do you have questions about finding other Development real estate for sale in Highlands? You can browse all Highlands real estate or contact a Coldwell Banker agent to request more information.

