1 Engle RdSan Mateo, CA 94402

This exceptional 5,508 square foot residential lot, located at 1 Engle Rd in the desirable San Mateo Park neighborhood of San Mateo, California (zip code 94402), presents a unique opportunity for discerning buyers. Offered at $1,450,000, this property boasts a convenient location, just one mile from Burlingame Avenue and a half-mile from Downtown San Mateo, providing easy access to a variety of amenities and services. The lot features two electric meters, adding to its versatility. While currently featuring a single-family home built in 1917, the property holds significant potential for redevelopment. Previous entitlements for a 10-unit residential development plan exist for this property and the adjacent property (4 W Santa Inez), details of which are available in the disclosures. The existing structure and grounds could benefit from renovation, offering a blank canvas for a creative vision. The property's APN is 032-075-100. This is a rare chance to acquire a substantial lot in a highly sought-after San Mateo location with promising development possibilities. Serious inquiries only.