Exceptional location! 1+ pristine flat acre located in the highly sought out Montalvo Heights (Villa Montalvo) neighborhood. Exclusivity, privacy and prestige. Nestled amongst other trophy luxury estate homes, this property is the extraordinary. Perfectly shaped rectangle lot. Amazing opportunity to create and build you dream luxury home. Seldom does such a special property like this come to the market. There is currently a 2,800+/- SF home on the property built in 1961. The home is very clean and currently occupied by tenants that are on a month-to-month agreement. The rent is $6,500 per month. We are giving no value to the structures (2). The home is perfect for generating income while getting your plans through the City for approvals and permits. For those looking for the ultimate place to build their amazing dream, this property will exceed expectations!! Saratoga schools.