800 Minnesota Ave, Brentwood, California 94513, Brentwood, 94513 - 3 bed, 1 bath
ACTIVE$5,700,000
800 Minnesota Ave, Brentwood, California 94513
3Beds
1Bath
955Sqft
108,900Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 955.
Top Cons:
Mandatory Combined Sale: The front and back parcels must be sold together, which may limit the pool of potential buyers who might prefer to acquire only a portion of the land.
Compared to the nearby listings
Price:$5.70M vs avg $797.0K (+$4,903,000)100%
Size:955 sqft vs avg 2,254 sqft0%
Price/sqft:$6.0K vs avg $346100%
More Insights
Built in 1940 (85 years old).
Condition: The property was built in 1940, making it 84 years old. The listing description explicitly states that the existing 955 sqft residence is 'likely a tear-down for development purposes' and a 'liability,' with the property's value being solely in its 14.07 acres of land for residential development. There are no interior images provided, further indicating that the structure itself is not a selling point. This aligns perfectly with the 'tear-down' criteria, where the structure is beyond repair or not considered valuable, and the property's worth is based on the land.
Year Built
1940
Close
-
List price
$5.7M
Original List price
$5.7M
Price/Sqft
$5,969
HOA
-
Days on market
-
Sold On
-
MLS number
41056424
Home ConditionTear down
Features
Good View:
View-
About this home
OUTSTANDING Residential Development Potential. Two lots totaling 14.07 acres +/- combine to create a potentially new and beautiful unique neighborhood. The three different Creekside accesses along the periphery exhibit exclusive upscale island potential. There are planned trails. The Minnesota Ave access is close to schools, one mile from Streets of Brentwood and the Hwy 4 ByPass. Call for appointment to access/no access without agent. The front parcel must be sold with the back.
Condition Rating
Tear down
The property was built in 1940, making it 84 years old. The listing description explicitly states that the existing 955 sqft residence is 'likely a tear-down for development purposes' and a 'liability,' with the property's value being solely in its 14.07 acres of land for residential development. There are no interior images provided, further indicating that the structure itself is not a selling point. This aligns perfectly with the 'tear-down' criteria, where the structure is beyond repair or not considered valuable, and the property's worth is based on the land.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108900, living area = 955.
Outstanding Development Potential: The property offers exceptional residential development potential across two combined parcels totaling 14.07 acres, ideal for creating a new, unique neighborhood.
Significant Land Size: A substantial 14.07-acre lot provides ample space for a large-scale residential development project.
Prime Location & Accessibility: Conveniently located close to schools, one mile from the 'Streets of Brentwood' shopping center, and the Hwy 4 ByPass, ensuring excellent access to amenities and transportation.
Unique Natural Features: Features three distinct Creekside accesses along the periphery, offering exclusive upscale island potential and planned trails, enhancing the appeal of a future community.
Desirable Subdivision: Located in the 'BRENTWOOD' subdivision, a well-regarded area likely to attract strong market demand for new housing.
Cons
Mandatory Combined Sale: The front and back parcels must be sold together, which may limit the pool of potential buyers who might prefer to acquire only a portion of the land.
Existing Structure as Liability: The existing 1940-built, 955 sqft residence is likely a tear-down for development purposes, incurring additional demolition costs and not contributing significant value to the $5.7M land price.
Development Complexity & Costs: Developing a 14-acre site with creekside access and planned trails implies significant upfront investment in planning, environmental studies, infrastructure, and potentially lengthy permitting processes.