SKYEFORGE SILICON VALLEY BUILD

Silicon Valley Short List

Three priority land and redevelopment opportunities across San Mateo and Santa Clara Counties, carried forward from a fuller thirteen-site review for buyer focus.

Active Properties
3
of 13 originally reviewed · 10 archived
Counties
1
Santa Clara · San Mateo site archived, see note
Updated
August 13, 2026
Rebuilt off Lovable
This shortlist was narrowed from a thirteen-property review to the three strongest candidates: 1893 Woodland Ave, 2080 Almaden Rd, and 1236 W Hacienda Ave. The other ten opportunities remain on record in the archived shortlist for reference.
1893 Woodland Ave — East Palo Alto
San Mateo County 1.07 AC
San Mateo County · East Palo Alto

1893 Woodland Ave

Peninsula Multifamily Complexity
Price
$6,399,000
Acres
1.07
SF
46,609
Zoning
R-MD-1
Strategy / Product Type

Medium-density Peninsula housing site with multiple redevelopment paths.

Concept Units / Entitlement Direction

Conceptual yield study supports townhouse or apartment / condo directions. Floodplain considerations apply.

Development Thesis

Larger Peninsula housing site with meaningful unit potential.

Highest & Best Use

Medium-density multifamily or townhouse community.

Buyer Considerations

Confirm jurisdictional entitlement path, density bonus eligibility where applicable, infrastructure capacity, and design parameters before LOI.

Risks / Caveats

Floodplain status and mitigation complexity should be diligenced.

Skyeforge Take

Larger Peninsula housing site with meaningful unit potential. Suitability as a Skyeforge demonstration site depends on entitlement clarity, schedule, and adjacency to the visibility corridor.

2080 Almaden Rd — San Jose
Santa Clara County 0.52 AC
Santa Clara County · San Jose

2080 Almaden Rd

Infill Santa Clara Townhome
Price
$3,995,000
Acres
0.52
SF
22,500
Zoning
Urban Residential (med–high density)
Strategy / Product Type

Willow Glen infill townhome site.

Concept Units / Entitlement Direction

Conceptual three-story 4BR townhomes with attached garages, modeled at 13 units of ~2,000 sf each. Up to 15 units conceptual, subject to City of San Jose approvals.

Development Thesis

Supported land band $3.36M to $4.12M (Conservative to Base, 13 units). Land price reasonable if yield holds; risk is the unentitled count.

Highest & Best Use

For-sale attached townhome infill project.

Buyer Considerations

Confirm jurisdictional entitlement path, density bonus eligibility where applicable, infrastructure capacity, and design parameters before LOI.

Risks / Caveats

Conceptual yield only — no tentative or final map. Full entitlement risk including design review, density and inclusionary requirements, and neighborhood process. Below ~11 units the ask is not supported.

Skyeforge Take

Supported land band $3.36M to $4.12M (Conservative to Base, 13 units). Land price reasonable if yield holds; risk is the unentitled count. Suitability as a Skyeforge demonstration site depends on entitlement clarity, schedule, and adjacency to the visibility corridor.

1236 W Hacienda Ave — Campbell
Santa Clara County 0.32 AC
Santa Clara County · Campbell

1236 W Hacienda Ave

Entitlement advanced Campbell Townhome
Price
$3,600,000
Acres
0.32
SF
13,860
Zoning
NC-MU (SB 684)
Strategy / Product Type

New-build attached townhomes, 8 units (7 market rate + 1 deed-restricted). Asking $3,600,000 (reduced from $3,899,000). Base supported land $2.74M, base project value $12.46M.

Concept Units / Entitlement Direction

8-unit, 8-lot small-lot subdivision processed under SB 684. Two 3-story Type V-B buildings with tuck-under 2-car garages off a central fire lane on Burrows Road. 7 market-rate townhomes (1,712 to 2,276 sf, 3 to 4 BR) plus 1 deed-restricted moderate-income flat (499 sf).

Development Thesis

Base supported land $2.74M ($343K per door) vs $3.60M ask. Base project value $12.46M before build costs, soft costs, financing, and developer profit.

Highest & Best Use

New-build attached townhome subdivision, entitlement advanced (verification pending).

Buyer Considerations

Confirm jurisdictional entitlement path, density bonus eligibility where applicable, infrastructure capacity, and design parameters before LOI.

Risks / Caveats

Entitlement advanced but verification pending. Approved design relies on front, rear, and side setback waivers that form part of the entitlement package; 8-unit layout is buildable as drawn only if waivers are confirmed granted. Seller represents the project as ready to pull demolition permits; confirm against City of Campbell permit record.

Skyeforge Take

Base supported land $2.74M ($343K per door) vs $3.60M ask. Base project value $12.46M before build costs, soft costs, financing, and developer profit. Suitability as a Skyeforge demonstration site depends on entitlement clarity, schedule, and adjacency to the visibility corridor.

SIDE-BY-SIDE

Comparison Matrix

PropertyCityPriceAcresZoningConcept Units
1893 Woodland Ave East Palo Alto$6,399,0001.07R-MD-134 (CMA option 4a)
2080 Almaden Rd San Jose$3,995,0000.52Urban ResidentialUp to 15 (conceptual)
1236 W Hacienda Ave Campbell$3,600,0000.32NC-MU8 (approved, ministerial)