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The value is in the land! This well located, 1.38 acre parcel features an existing 1,132 square foot single-family home. The property is zoned RSB4, Single Family Residential, minimum lot size of 4,000 square feet. Views of Coyote Hills, Union City, and Fremont. Estimated value exceeds $2,750,000 once new owner completes entitlement and subdivision process for approximately 10 lots (or possibly more). Homes in neighboring DR Horton community sell for over $1,500,000. Subject to a Development Agreement with City of Hayward dated 5/30/2008. Underground sewer, water, gas, and storm drain installed in 2016 as a part of Development Agreement in contemplation of future development. Current Phase I Environment Report, Engineer's Report, Soils Report, and Home, Pest and Roof inspections on file. Pest Clearance. Trustee sale, no court confirmation required. Producing irrigation well on property. A perfect land bank or development opportunity. The Bay Area needs housing!
Listing agent: James Dye DRE #00897803 jamesdye@heritageproperties.biz, Listing office: Heritage Properties
MLS data updated 10/19/2026, 8:19:10 AM PT
Source: CRMLS, MLS #: 40985217
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jun 29, 2022
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
$1,666,000Closed sale · Jun 29, 2022ZIP 94544 · Jun 2022
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.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.