705 Pomello Drive, Claremont, CA 91711

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Glen Henderson

[email protected] +1(619) 889-7646

$5,350,000

Est. payment - /mo

5 Beds

3 Baths

2,279 SqFt

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Key Details

Property Type Townhouse

Sub Type Townhome

Listing Status Active

Purchase Type For Sale

Square Footage 2,279 sqft

Price per Sqft $2,347

MLS Listing ID CV25045344

Style Townhome

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1912

Lot Size 2.830 Acres

Acres 2.8297

Property Sub-Type Townhome

Type of Financing Land Contract

Property Description

Prime Development & Investment Opportunity 705 Pomello Drive, Claremont, CA Located in the prestigious North Claremont neighborhood, this expansive 123,263 square foot property, presents a rare opportunity for developers, investors, and homeowners. With two existing homes and significant subdivision potential, this estate is ideal for those looking to create a luxury residential enclave coupled with a historic home with modern enhancements. Property Highlights Two Existing Homes -Front Home 3 bedrooms, 2 bathrooms -Back Home 4 bedrooms, 3 bathrooms - Ample parking, including two covered garage spaces Historic Home with Character - Built in 1912, this home offers 2,279 square feet of living space with five bedrooms and three bathrooms - Classic architectural details provide an ideal canvas for restoration **Development Potential** - Zoned RS-10,000 with a new housing overlay zone - Potential to subdivide into up to ten lots (8 new plus one historic home) - Minimum 10,000 square feet per lot, with the potential to build 3,500 square foot homes with 1,000 square foot ADUs on each lot - Higher-density housing potential based on city planning initiatives Exceptional Location & Investment Potential - Proximity to top-rated Claremont schools, including Chaparral Elementary, El Roble Intermediate, and Claremont High School - Surrounded by nature and established luxury homes, offering a balance of privacy and convenience - Close to Claremont Village, known for its shopping, dining, and community atmosphere - Easy access to major highways and public transportation Valuation Insights
Prime Development & Investment Opportunity 705 Pomello Drive, Claremont, CA Located in the prestigious North Claremont neighborhood, this expansive 123,263 square foot property, presents a rare opportunity for developers, investors, and homeowners. With two existing homes and significant subdivision potential, this estate is ideal for those looking to create a luxury residential enclave coupled with a historic home with modern enhancements. Property Highlights Two Existing Homes -Front Home 3 bedrooms, 2 bathrooms -Back Home 4 bedrooms, 3 bathrooms - Ample parking, including two covered garage spaces Historic Home with Character - Built in 1912, this home offers 2,279 square feet of living space with five bedrooms and three bathrooms - Classic architectural details provide an ideal canvas for restoration **Development Potential** - Zoned RS-10,000 with a new housing overlay zone - Potential to subdivide into up to ten lots (8 new plus one historic home) - Minimum 10,000 square feet per lot, with the potential to build 3,500 square foot homes with 1,000 square foot ADUs on each lot - Higher-density housing potential based on city planning initiatives Exceptional Location & Investment Potential - Proximity to top-rated Claremont schools, including Chaparral Elementary, El Roble Intermediate, and Claremont High School - Surrounded by nature and established luxury homes, offering a balance of privacy and convenience - Close to Claremont Village, known for its shopping, dining, and community atmosphere - Easy access to major highways and public transportation Valuation Insights - Estimated value per RS 10,000 subdivided lot: $600,000 - Historic home valued at $850,000 - Infrastructure and development costs estimated at $300,000 - Total estimated property value: $5,350,000 A rare opportunity to develop, invest, or create a private estate in one of Claremonts most desirable locations.

Location

State CA

County Los Angeles

Area Claremont (91711)

Zoning CLRA1*

Interior

Cooling Other/Remarks

Air Conditioning Other/Remarks

Exterior

Garage Spaces 2.0

View Mountains/Hills, Neighborhood

Total Parking Spaces 2

Building

Lot Description Cul-De-Sac

Story 1

Sewer None

Water Public

Level or Stories 1 Story

Others

Miscellaneous Suburban

Acceptable Financing Land Contract

Listing Terms Land Contract

Special Listing Condition Standard

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Listed by Anthony Grynchal • eXp Realty of Greater Los Angeles

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

705 Pomello Drive Claremont, CA 91711

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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