Development Property in Hermosa Hills

Over 14 hectares of land in the hills behind Northern Santa Teresa and Hermosa is now available and priced aggressively for a sale. The 143,142 square meters of land span a hillside that has partial ocean views. The land borders the public road from which it derives its developability. Electric lines pass in front of the property for ease of access. Some roads have been roughly cut into the property.

Priced at just over $10 per meter, this rare Santa Teresa property is primed for the wise and nimble investor who is ready to add value through subdivision and entitlements.