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The Warren Place Development project transformed an undeveloped ±2.27-acre parcel into a fully entitled six-home residential subdivision in Fremont, California through a nearly five-year planning and entitlement process. The project now stands in a near shovel-ready position, with the primary remaining work involving completion of design-level utility and construction documentation required for building permit issuance. The project began with evaluation of the site’s development potential, including zoning, subdivision feasibility, access, topography, grading constraints, drainage, and utility availability. From there, a coordinated development strategy was established to maximize the functionality and long-term value of the property while satisfying City of Fremont development standards. Preliminary subdivision and architectural concepts were developed through coordination with civil engineering, architecture, surveying, geotechnical engineering, traffic, and planning consultants. Significant effort was dedicated to grading design, retaining conditions, stormwater and drainage planning, frontage improvements, utility coordination, and overall site compliance. As part of the formal entitlement process, the project underwent multiple rounds of PRP comments, revisions, technical studies, and interdepartmental review with the City of Fremont. The tentative map, architectural layouts, engineering plans, and supporting reports were refined through ongoing coordination with municipal departments and consultants in order to satisfy approval requirements and advance the project through Planning Commission review. The project ultimately received Planning Commission approval and full subdivision entitlements for six single-family homes, substantially reducing the entitlement risk, uncertainty, and time typically associated with raw land development in the Bay Area. Please see Disclosures, Buyer to verify any/all information with the appropriate divisions, pertaining to further development.
Listing agent: Bela Shah DRE #01100225 Brokerbela@gmail.com, Listing office: Bela Realty & Inv
MLS data updated 10/27/2026, 9:04:11 PM PT
Source: CRMLS, MLS #: 41135078
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 16, 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
$2,980,000Original asking price · May 16, 2026ZIP 94539 · May 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.