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Active Under Contract
- Listed price
- $3,988,888
- Listed Sep 8, 2026
- Last sold price
- No recorded sale
40,242 sqft lot00|8 MLS days on market
1063 Colony Hills Ln, Cupertino, CA 95014
Property Description
PREMIER CUPERTINO DEVELOPMENT OPPORTUNITY | Nearly 1 acre in the heart of Silicon Valley! A rare offering of substantial land in one of the Bay Areas most sought-after, supply-constrained communities. This expansive site presents a compelling opportunity for builders, developers, investors, or an owner-user seeking to create a signature estate. Potential development opportunities multiple dwellings, subject to applicable zoning, entitlements and approvals. Existing site improvements include a pool, cabana/restroom buildings and expansive open space. City services and utilities are available, including sewer, water and PG&E. Prime location near Apple, De Anza College, shopping, dining, recreation and highly regarded Cupertino schools. Exceptional infill opportunity with outstanding access to Silicon Valley employment centers and amenities. Buyer to independently verify all development potential, zoning, density, subdivision, utilities, approvals and timelines with the City of Cupertino and applicable agencies.
Listing agent: Mary ClarkDRE #01388250mclark@interorealestate.com, Listing office: Intero Real Estate Services
MLS data updated 11/2/2026, 6:03:03 AM PT
Source: CRMLSMLS #: ML82060390
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$3,988,888
Sep 8, 2026
Available records12026
From MLS recordsActual listing and closing events
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
$3,988,888Original asking price · Sep 8, 2026ZIP 95014 · Sep 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.This home · 1 price recordsSep 8, 2026 – Sep 8, 2026
ZIP 95014 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
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.
View listing & sale records
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.