$700,000

This exclusive gated community with beautiful acreage is nestled in the Foothills of North Glendora with panoramic views over the entire valley and into downtown Los Angeles. Gas, Cable, Internet, Electricity, and Water are near the edge of the southern portion of the parcels where the last homes were built. This is a prestigious area with seclusion, amongst multi-million-dollar homes. The subject sites are Zoned E7 (single family estate) and are also within a hillside development zone. According to the City of Glendora Planning Department, the general plan designation specifies very low density residential (with a density of .1 to 1 dwelling units per acre) or open space private (with a density of 0 to .1 dwelling units per acre). For subdivisions, the density is 1 unit per 800,000 square feet of lot area. Due to the subject’s location in the Glendora foothills, the subject parcels are restricted by the hillside development ordinance. The purpose of the hillside development zone is to regulate the use of land in hillside areas so that natural characteristics such as land forms, vegetation, wildlife, scenic qualities and open space can substantially be maintained. Proposed development would require plan review. Lot coverage is determined based on average slope and grading and is prohibited where the natural slope exceeds 35%. Actual details of the subject’s topography are unknown, and it is unknown how much of the site would exceed the slope threshold. The subject’s ability to be developed within the specifications of the current zoning would require determinations from various experts and is beyond the expertise of the broker.