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 Type
ResidentialCounty
Los AngelesStyle
ResidentialAD ID
48915048
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 5
Bathroom Information
- Total Baths: 3
- Full Baths: 3
Water/Sewer
- Water Source : Public
- Sewer : None
Interior Features
- Interior Features: All Bedrooms Down
- Fireplace: None
Cooling Features
- See Remarks
- Air Conditioning
Heating Source
- See Remarks
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1912
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 2.8297
- Lot Size Source: Estimated
- Lot Size Square Feet: 123263
-
Listing Information
Listing Price Information
- Original List Price: 5,350,000
- Listing Contract Date: 2025-03-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8673020012
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Attached Garage: Yes
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 683 - Claremont
- Postal Code Plus 4: 2046
- Directions: Cul de sac / entire west side of street
- Zoning: CLRA1*
- Source Property Type: Residential
- Area: 683 - Claremont
- Property SubType: Duplex
Building and Construction
- Property Age: 113
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Assessor
- Total Square Feet Living: 2279
- Entry Location: Front door
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: Duplex
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BuyOwner last updated this listing 04/26/2025 @ 12:04
- MLS: CV25045344
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 5 bedrooms which is for sale, it has 2,279 sqft, 123,263 sized lot, and 2 parking. are nearby neighborhoods.