Opportunities like 715 Cambrian Drive don't come along often. Situated on one of the largest single parcels in the Campbell Village Neighborhood Plan area, this 19,000+ square foot lot offers what savvy investors are actively searching for immediate development rights under current law, with significant optionality on the horizon. Under today's rules, no variances, no waiting, the site supports two primary dwellings (side-by-side homes or a duplex) plus ADUs, delivering a potential income-producing portfolio on a single title. But the real story is what's coming. On the City Adjenda to be heard July 7th is an ordinance to modify subdivision standards for irregular lots. If adopted, this parcel which already meets the minimum size and frontage thresholds under SB 9 / SB 450 may qualify for an urban lot split into two independent legal parcels, each eligible for its own set of primary dwellings and ADUs. You may even want to consider this as your own family compound It currently has the main house, 3 two car garages in the very back, a 2 car garage up front with a large bonus room/bath/bar Campbell's top-rated schools, quiet neighborhood streets, and proximity to downtown make this a place families genuinely want to put down roots
