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Land development opportunity in the desirable Fairview District, now designated as a Housing Element site by the state and county, opening the door to the potential development of up to 16 residential units (buyer to verify). Nestled off a private road, this approximately 1.38-acre parcel offers a rare chance to build in a well established, high demand East Bay submarket. The site enjoys a strategic location near AC Transit routes and major commuter corridors including I-880 and I-580, providing excellent connectivity to Oakland, San Francisco, Silicon Valley, and the broader Bay Area. It is adjacent to a newer residential development, underscoring the area’s proven appeal to today’s homebuyers and offering a compelling precedent for design, pricing, and absorption. This is an ideal canvas for builders and developers seeking to create a boutique community of single-family homes, townhomes, or small lot detached product (subject to approvals). New construction in Fairview and the surrounding Hayward hills has commanded strong sale prices, with buyers drawn to modern finishes, functional floor plans, and convenient access to employment centers and transit. With thoughtful site planning and architecture, a future project here can leverage those trends and position itself at the top of the market. Utilities and services are in the immediate vicinity, and the private road setting offers the opportunity to create a sense of exclusivity while still remaining close to everyday amenities, schools, shopping, and public transportation. Developers will appreciate the combination of infill location, entitlement momentum via housing element designation, and the ability to design a product that meets the ongoing demand for new homes in the East Bay. Bring your vision, your architect, and your planner! This Fairview land offering is poised to become the next successful community in a growing corridor.
Listing agent: Kerissa Calvo DRE #02133680 kerissa@fohlrealty.com, Listing office: Fohl Realty & Investments
MLS data updated 10/23/2026, 7:32:54 PM PT
Source: CRMLS, MLS #: 41140007
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 7, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$699,999Asking price recorded · Oct 7, 2026ZIP 94541 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.