In the Forest Knolls neighborhood of San Francisco sits a hill. The property, which covers 1.15 acres, is currently undeveloped. That may change rather quickly, however, as the lot is presently listed for sale for $20 million and is being advertised as an investment opportunity for someone to develop 29 homes on a "fully entitled parcel of land."
Plans already exist for the potential future development, and in addition to the 29 homes, include 58 parking spaces — just the thing for the well-heeled home owner who wishes to live in a city but feel like he's living in the suburbs.
Boasting of "Beautiful Views of Golden Gate Park and Beyond," Paragon Commercial Brokerage already has a “full EIR completed with Geotechnical, and Geological Reports.” As correctly noted by the Chronicle, this fact ought to move the sale along quickly.