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Offering Memorandum
800 Harmony Way,
Pacifica, California, 94044 (Build & Suit Land Development Opportunity)
Exclusively Presented By The Intero-Lincoln Sales Team
& Lunder Real Estate Team
Michael Orlando
Direct 408-930-4132
CalBRE #00879792
Dennis Lunder
Direct 408-892-4207
CalBRE #00656586
www.DennisLunder.com
Dennis Lunder Direct 408-892-4207
[email protected] CalBRE #00656586
Property Details
Site Data
Development Overview
Development Project Description
About the Builder
Renderings
Maps
Aerial Photos
Confidentiality & Disclaimer
Contents
Michael Orlando Direct 408-930-4132 [email protected] CalBRE #00879792
PROPERTY DETAILS
Parcel No. 022-150-520
Lot Size: 90,666 SF
Building Size (proposed SFR): 4,300 SF
Schools: Cabrillo Elementary
Ingrid Lacy Middle
Lot No. #8 Lot
Lot Acres: 2.08
Zoning Residential Vacant Land
(NEC)
SITE DATA
LOT SUMMARY
Harmony at One, Lots 1-10
Lot APN Size (Acres) Size (SF)
1 022-150-450 1.19 51,625
2 022-150-460 1.27 55,441
3 022-150-470 1.44 62,562
4 022-150-480 1.36 59,218
5 022-150-490 1.28 55,620
6 022-150-500 1.16 50,358
7 022-150-510 1.30 56,625
8 022-150-520 2.08 90,666
9 022-150-530 1.89 82,169
10 022-150-540 0.93 40,322
Total 13.87 604,606
General Description: The subject consists of ten partially-complete single family lots for custom home
development located within the Harmony at One subdivision in Pacifica. The subject lots are identified as San
Mateo County Assessor’s Parcel Numbers 022-150-450, -460, -470, -480, -490, 500, -510, -520, -530, and –540.
The lots range in size from 0.93 to 2.08 acres with an average of 1.39 acres. Final Map for the subdivision has
been recorded. Lot development is currently underway, with a remaining cost of $2,341,249 to bring the lots to a
finished state. Lot development will reportedly be complete within the next 30 days.
Identification
Location East side of Roberts Road, South of Frassler Avenue, Pacifica
APN: 022-150-450, -460, -470, -480, -490, -500, -510, -520, -530, and -540
Census Tract: 6033
Size and Configuration
Size (AC) 13.87 acres
Size (SF) 604,010 square feet
Topography/Shape The subject has rolling and sloping topography. The subdivision has been designed
so there is a sufficient level building pad on each lot for home construction.
The subject lots contain a mix of rectangular and irregular shapes. Development po-
tential based on shape and dimensions is average.
Roadways and Access
The subject lots will be accessed from gated private roadways from Roberts Drive and Fassler Avenue. As of
the date of inspection, the private roadways were nearly complete.
DEVELOPMENT OVERVIEW
Costs
Land Cost Lot #8: $2,499,000
New construction 4,300SF (N) SFR $1,290,000
Soft Cost, Architectural, Soils, Survey, Engineering, Public
Works, Environmental & Permitting Fees City of Pacifica &
San Mateo County. $350,000
Cost Landscaping, Front & Rear Fencing, Walkways & Op- $150,000
Closing Costs, Title, Escrow, Seller’s side $50,000
Total cost of Construction & Project Expenses $4,399,000
Financing
Permanent/Take Out Financing upon project completion @
4.5%, 30-year amortized approximately 70-80% Loan-To-
Value: $3,037,000
Construction loan is interest-only @ Take Out Rate 4.5%
Pro Forma For
Construction Loan & Permanent Financing
House for Lot #8
Construction Financing
Value SFR Project Completion $4,339,000
Price PSF (N) Construction SFR
Land and Building
$1,009PSF
Development Status: All building plans, drawings, architectural &
engineering plans completed and approved through the City of Pacifica. All
entitlements and final map approved. Building site cleared. Ready to build
custom single family home to order based on selected model styles, or
buyer’s built-to-suit preference.
DEVELOPMENT PROJECT DESCRIPTION
Harmony at One Estates is the home site to the most sought after beautiful coastline in the Bay Area. The
home site is in a private gated community of (10) partially completed single family lots where luxury homes will
be built on each lot with over 120 Green Certified ECO friendly amenities with paved streets, public sewer, city
water and PG&E ready. The subject lots are identified as San Mateo County Assesor’s Parcels with the Lot
Summary below. The lots range in size from 0.93 to 2.08 acres with an average of 1.39 acres. The final map
for the subdivision is recorded. Lot development is underway, and the Developer is working to bring all the lots
to a finished state which should be within 30 days time. Lot #8 is a premium home site for all 10 lots with a
planned 4300SF single level modern tech home on a 2.08 acre parcel with the most breathtaking unobstructed
ocean view. Designed by the luxury award winning builder, Mason Hammer, Lot #8, a ready to build home site
offers incomparable lifestyle opportunities. Mason Hammer can make custom finishes to your individual
lifestyle and taste. They have completed plans and permits are in place to build to your specific home style.
These are ocean views living within a short distance of San Francisco, SFO Airport and Silicon Valley. The
floor plan and renderings presented in the Offering Memorandum are of the proposed home.
HARMONY AT ONE ESTATES
HOUSE LOT #8
ABOUT THE BUILDER
Mason Hammer Builders Inc. continues to set the benchmark of excellence
with craftsmanship, unsurpassed construction management and innovative
design with state of the art technologies. The quality of construction goes beyond
the finished product. Mason Hammer’s impeccable attention falls into every
aspect throughout the construction process. We create outstanding homes from
beautiful architectural designs with the professional know-how to stay on budget
and within our scheduled timeframe. Mason Hammer prides itself on forming
great relationships with our clients while educating them throughout the
construction process.
Mason Hammer’s pricing and estimate process gives clients meticulously
detailed, line by line components of each of the construction costs. Nothing is
hidden and there are no surprises. Our revenue is based off a percentage of all
construction costs. That percentage is typically lower than our competition which
makes Mason Hammer a viable choice for the quality of services provided.
Clients appreciate our open book accounting and billing process. They see all
Subcontractor direct costs for each trade and exactly how Mason Hammer’s
profit is calculated.
We have outstanding references from past and current clients and we
encourage prospective clients to speak to them about their experience with
Mason Hammer. We are always happy to take potential clients to visit some our
current job sites so they can personally view Mason Hammer’s excellent quality
RENDERINGS
The Concerto
RENDERINGS
The Rhapsody
RENDERINGS
The Symphony
RENDERINGS
The Opus
PLOT MAP
County Assessor:
Enlarged View:
MAPS
Pacifica Vicinity
Pacifica - Local
Harmony At One
Harmony At One
AREA & AERIAL MAP
Harmony At One
CONFIDENTIALITY & DISCLAIMER
By receipt of this Marketing Brochure, you agree that this Marketing Brochure and its contents are of a
proprietary and confidential nature, that you will hold and treat it in the strictest confidence and that you
will not photocopy, duplicate or disclose the Marketing Brochure or any of its contents to any other entity
without the prior written authorization of Intero Real Estate Services on Lincoln Avenue, San Jose (Intero
Lincoln). You also agree that you will not use this Marketing Brochure or any of its contents in any
manner detrimental to the interest of the Owner or Intero Lincoln.
No representations or warranties, expressed or implied, as to the accuracy or completeness of the
Marketing Brochure or any of its contents shall be deemed made, and no legal commitment or obligation
shall arise, by reason of the Marketing Brochure or its contents. Interested parties are expected to
review independently all documents relating to the property as to the accuracy and completeness of the
information contained herein. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT
INVESTIGATION AND DUE DILIGENCE. All financial projections are provided for general reference
purposes only. These projections have been based upon various assumptions relating to the general
economy, competition and other factors beyond the reasonable control of Intero Lincoln, and therefore,
is subject to material variation.
Intero Lincoln, its respective officers, employees or representatives do no make any representation or
warranty, expressed or implied, as to the accuracy or completeness of the Marketing Brochure or any of
its concerns.
