Exceptional development opportunity in a desirable Castro Valley location surrounded by newly built multimillion-dollar homes! This approximately ½-acre+ vacant parcel offers an exciting opportunity for a builder, investor, or future homeowner. The property features beautiful Bay and valley views and may have the potential to be subdivided into as many as three separate lots. Drawings and site plans for three homes are available, and utilities have already been brought to the lot line. With impressive newer homes being built throughout this small development, the property offers multiple possibilities—build a spectacular custom home on a large lot or explore subdividing the parcel and developing multiple residences. Conveniently located near freeway access, shopping, schools, restaurants, and other amenities, while offering the space, views, and residential setting that make the Castro Valley hills so desirable. A rare opportunity to acquire approximately half an acre in an area experiencing significant new-home investment and development. Buyer to investigate and verify subdivision potential, zoning, allowable density, utilities, building requirements, and all development possibilities with the appropriate agencies.
Vacant landProperty Type
0.52 acresLot Size
$2,471,154Price/Acres
Listed by Bob Frey•DRE #01324680• RE/MAX Accord
Listed by Kailani Frey Breitinger•DRE #02137730• RE/MAX Accord
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Jensen Ranch Elementary School
Public K-5 • Assigned • 0.5mi
10/10
Canyon Middle School
Public 6-8 • Assigned • 0.7mi
7/10
Castro Valley High School
Public 9-12 • Assigned • 2.0mi
9/10
Provided by GreatSchools
About Jensen
Ranch
Jensen Ranch, located between Palomares Hills and the Castro Valley hillsides, is a residential and hillside Castro Valley neighborhood with curving cul-de-sacs and broad bay-facing views. The neighborhood reads as late-20th-century California: stucco exteriors, tile roofs, and garages set into sloped lots. The character concentrates around the Castro Valley Boulevard and Redwood Road corridor, where independent cafes, taquerias, and small storefronts set a steady, local rhythm. Community pillars nearby include Chabot Cinema, the Castro Valley Marketplace, and the Castro Valley Arts Foundation. Green space and trail culture show up at Lake Chabot Regional Park and the Chabot-to-Garin Regional Trail, framing weekend routines. BART at Castro Valley Station links the hilltop calm to the wider East Bay.
Provided by Walk Score and Local Logic
Property details
Exterior
Finance
Exterior features
Premium lot
Mostly level terrain
Paved road access
Private road frontage with easement
Home design
Land property (unimproved)
Construction
Residential zoning (R)
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Water connected
Sewer on site
Other
Lot size approximately 0.52 acres (22,461 sq ft); dimensions ~46 x 136 x 198 x 174
Corners not marked
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #41145085
Aug 14, 2026
Listed
$1,285,000
bridgeMLS, Bay East AOR, or Contra Costa AOR #41032382
Sep 29, 2023
Sold
$450,000
Sep 27, 2023
Pending
—
Sep 19, 2023
Pending
—
Sep 19, 2023
Contingent
—
Jul 14, 2023
Price Changed
*
Jul 7, 2023
Listed
*
There are no remarks available.
bridgeMLS, Bay East AOR, or Contra Costa AOR #40943965
Nov 20, 2021
Listing Removed
—
bridgeMLS, Bay East AOR, or Contra Costa AOR #40191872
Nov 3, 2006
Sold
$1,175,000
Sep 27, 2006
Listing Removed
—
Jul 26, 2006
Listed
*
Public Records
Mar 17, 2006
Sold
$6,000
bridgeMLS, Bay East AOR, or Contra Costa AOR #11020058
Aug 16, 1999
Sold
$365,000
Jul 28, 1999
Listing Removed
—
Jun 22, 1999
Listed
$365,000
Public Records
May 3, 1995
Sold
$6,000
Year
Property tax
Land + Additions
Assessment*
2025
$366 (+1.7%)
$25,622
2024
$360 (+1.1%)
$25,119
2023
$356 (+1.4%)
$24,627
2022
$351 (+2.1%)
$23,671
2021
$344 (+1.8%)
$23,671
2020
$338 (−1.6%)
$23,207
2019
$343 (+2.4%)
$22,969
2018
$335 (+2.1%)
$22,519
2017
$329 (+8.4%)
$21,645
2016
$303 (+5.6%)
$21,645
2015
$287 (+0.3%)
$21,220
2014
$286 (+0.1%)
$20,492
2013
$286 (−38.4%)
$20,492
2012
$464 (+1.1%)
$20,400
2011
$459 (+0.5%)
$36,229
2010
$456 (−0.6%)
$35,519
2009
$459 (+3.8%)
$35,254
2008
$442
$35,337
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
6,874 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Alameda County
APN
085A000100120
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 2, 2026.
PD
Planned Development District
Planned development districts, hereinafter designated as PD districts, are established to encourage the arrangement of a compatible variety of uses on suitable lands in such a manner that the resulting development will: be in accord with the policies of the General Plan of the county; provide efficient use of the land that includes preservation of significant open areas and natural and topographic landscape features with minimum alteration of natural land forms; provide an environment that will encourage the use of common open areas for neighborhood or community activities and other amenities; be compatible with and enhance the development of the general area; and create an attractive, efficient and safe environment.
Local insights from Redfin agents
Castro Valley remains a highly competitive market. On average, homes are selling for 103.7% of their asking price, with nearly 60% of properties closing above list price.
Castro Valley's fall market offers great buyer leverage. While median prices hold steady around $1.2M, increased inventory gives you room to negotiate on homes needing updates. Turnkey properties still move fast in under 15 days, so act quickly with...