2809 S El Camino Real Lot | Terrain commercial | 0,15 ha | À vendre | 3 228 975 € | Redwood City, CA 94061

Positioned directly on the Redwood City/Atherton border, 2809 El Camino Real presents a rare opportunity to acquire a raw, unentitled infill parcel in one of the Peninsula’s most sought-after and supply constrained submarkets. The site totals 14,297 square feet and falls under San Mateo County jurisdiction, offering a developer or investor a blank canvas along one of the Bay Area’s most heavily traveled and highly visible corridors. Its location along El Camino Real places it at the heart of continued regional growth, in a market where housing demand consistently outpaces available supply.
The property has previously received entitlements for a mixed-income residential development consisting of 20 market-rate condominium units, this approval expired, the current owner received approval for 51 low-income senior housing units, encompassing approximately 49,000 square feet of buildable area with a proposed building height of 64 feet. While the property is being offered as-is with no active entitlements currently in place, the seller is open to including the prior approved renderings and supporting entitlement work if requested by the buyer, offering a potential head start on the approval process and a meaningful reduction in pre-development timeline and risk.
Beyond its development potential, the site benefits from an exceptional location at the convergence of some of the Peninsula’s most desirable communities. Redwood City, Menlo Park, and Palo Alto all lie within short proximity, giving future residents immediate access to a deep and diverse base of retail, dining, and employment opportunities, including proximity to major tech employers and downtown commercial corridors. This positioning makes the site especially well-suited to a residential or mixed-income project targeting the strong and sustained demand for housing near jobs. Transportation access further strengthens the site’s appeal. El Camino
Real offers active public bus service running four times per hour directly in front of the property, providing excellent transit connectivity for future residents. In addition, the site offers quick access to Woodside Road as well as both Highway 280 and Highway 101, placing the entire Peninsula and greater Bay Area within easy reach for commuters traveling north to San Francisco or south toward Silicon Valley. Altogether, 2809 El Camino Real represents a compelling opportunity for developers seeking a well-located, transit-served site with a proven entitlement path in a jurisdiction and market defined by chronic housing undersupply. Its combination of prior approvals, prime Peninsula location, and multi-modal access positions this property as an attractive candidate for residential or senior housing redevelopment, with the flexibility to move forward with the seller’s prior plans or pursue a new vision suited to current market conditions.