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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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12991 Pierce Road, Saratoga – $29,999,999

  • $30M Price
  • 1.96 Acres
  • 147 DOM
  • $30M Price
  • 1.96 Acres
  • 147 DOM

12991 Pierce Road

22-Lot Luxury Home Development for Sale – Saratoga, CA | Entitled Builder Opportunity Exceptional land acquisition for production and semi-custom luxury builders seeking entitled residential inventory in Silicon Valley's most prestigious market. This 22-lot luxury single-family development offers a clear path to vertical construction with streamlined entitlements already in place. After closing, builders can advance toward final map recordation, execute horizontal improvements including mass grading and utility infrastructure, and leverage the Permit Expediting Act to secure building permits in as few as 90 days—accelerating project delivery and optimizing capital deployment. With projected luxury home resale values between $4M-$4.5M and proposed floor plans ranging from approximately 3,274 to 4,143 square feet, this development supports premium product lines with strong absorption potential and proven buyer demand for new construction luxury homes. Located minutes from downtown Saratoga with direct access to I-280 and Highway 85, the site commands top-tier pricing power backed by acclaimed Saratoga schools, upscale dining, wineries, and boutique shopping—the luxury lifestyle today's buyers expect. Sale includes vacant land, entitlements, and existing on-site improvements.

Essential Information

  • MLS® #41118550
  • Price$29,999,999
  • Bathrooms0.00
  • Acres1.96
  • TypeLand
  • StatusActive

Community Information

  • Address12991 Pierce Road
  • SubdivisionOther
  • CitySaratoga
  • CountySanta Clara
  • Zip Code95070

Additional Information

  • Date ListedDecember 3rd, 2025
  • Days on Market147
  • ZoningR140

Listing Details

  • AgentPratik Daftary
  • OfficeCompass
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Price Change History for 12991 Pierce Road, Saratoga, (MLS® #41118550)

Date Details Change
Price Reduced from $30,000,000 to $29,999,999 $1 (0.00%)

Pratik Daftary, Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2026 at 8:45am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.