705 Pomello Drive
Claremont, CA 91711
2279 sqft | 5 beds | 3 baths | 2.83 acres | #CV25045344
Description
Prime Development & Investment Opportunity – 705 Pomello Drive, Claremont, CA
Located in the prestigious North Claremont neighborhood, this expansive 123,263 square foot property, presents a rare opportunity for developers, investors, and homeowners. With two existing homes and significant subdivision potential, this estate is ideal for those looking to create a luxury residential enclave coupled with a historic home with modern enhancements.
Property Highlights
Two Existing Homes
-Front Home 3 bedrooms, 2 bathrooms
-Back Home 4 bedrooms, 3 bathrooms
- Ample parking, including two covered garage spaces
Historic Home with Character
- Built in 1912, this home offers 2,279 square feet of living space with five bedrooms and three bathrooms
- Classic architectural details provide an ideal canvas for restoration
**Development Potential**
- Zoned RS-10,000 with a new housing overlay zone
- Potential to subdivide into up to ten lots (8 new plus one historic home)
- Minimum 10,000 square feet per lot, with the potential to build 3,500 square foot homes with 1,000 square foot ADUs on each lot
- Higher-density housing potential based on city planning initiatives
Exceptional Location & Investment Potential
- Proximity to top-rated Claremont schools, including Chaparral Elementary, El Roble Intermediate, and Claremont High School
- Surrounded by nature and established luxury homes, offering a balance of privacy and convenience
- Close to Claremont Village, known for its shopping, dining, and community atmosphere
- Easy access to major highways and public transportation
Valuation Insights
- Estimated value per RS 10,000 subdivided lot: $600,000
- Historic home valued at $850,000
- Infrastructure and development costs estimated at $300,000
- Total estimated property value: $5,350,000
A rare opportunity to develop, invest, or create a private estate in one of Claremont’s most desirable locations.
Property Details
- ViewMountains, Neighborhood
- Lot DescriptionBackYard, CulDeSac, Yard
- Utility FeaturesSewerNotAvailable
- School DistrictClaremont Unified
- InteriorAllBedroomsDown
- CountyLos Angeles
- Original List Price$5,700,000
- MLS #CV25045344
- MLS #CV25045344
- Property TypePurchase
- Cost5350000
- Acres2.8297
- Utility SourcePublic
- Property SubtypeDuplex
- Structure TypeDuplex
- Square Feet2279
- Year Built1912
- Bedrooms5
- Bathrooms3
- Full Baths3
- Stories1
- Parking Spaces2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Anthony Grynchal (#C32820)
Listing Office: eXp Realty of Greater Los Angeles (#52883)
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