705 Pomello Drive, Claremont, CA 91711
-
Listed Price :
$5,350,000
-
Beds :
5
-
Baths :
3
-
Property Size :
2,279 sqft
-
Year Built :
1912
Property Description
Prime Development & Investment Opportunity – 705 Pomello Drive, Claremont, CA
Located in the prestigious North Claremont neighborhood, this expansive 123,263 square foot property, presents a rare opportunity for developers, investors, and homeowners. With two existing homes and significant subdivision potential, this estate is ideal for those looking to create a luxury residential enclave coupled with a historic home with modern enhancements.
Property Highlights
Two Existing Homes
-Front Home 3 bedrooms, 2 bathrooms
-Back Home 4 bedrooms, 3 bathrooms
- Ample parking, including two covered garage spaces
Historic Home with Character
- Built in 1912, this home offers 2,279 square feet of living space with five bedrooms and three bathrooms
- Classic architectural details provide an ideal canvas for restoration
**Development Potential**
- Zoned RS-10,000 with a new housing overlay zone
- Potential to subdivide into up to ten lots (8 new plus one historic home)
- Minimum 10,000 square feet per lot, with the potential to build 3,500 square foot homes with 1,000 square foot ADUs on each lot
- Higher-density housing potential based on city planning initiatives
Exceptional Location & Investment Potential
- Proximity to top-rated Claremont schools, including Chaparral Elementary, El Roble Intermediate, and Claremont High School
- Surrounded by nature and established luxury homes, offering a balance of privacy and convenience
- Close to Claremont Village, known for its shopping, dining, and community atmosphere
- Easy access to major highways and public transportation
Valuation Insights
- Estimated value per RS 10,000 subdivided lot: $600,000
- Historic home valued at $850,000
- Infrastructure and development costs estimated at $300,000
- Total estimated property value: $5,350,000
A rare opportunity to develop, invest, or create a private estate in one of Claremont’s most desirable locations.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Features |
All Bedrooms Down |
| Bedrooms |
5 |
| Bathroom Information |
| Bathrooms |
3 |
| Interior Information |
| Features |
All Bedrooms Down |
| Cooling Type |
See Remarks |
| Heating Type |
See Remarks |
Listing Information
| Address |
705 Pomello Drive |
| City |
Claremont |
| State |
CA |
| Zip |
91711 |
| County |
Los Angeles |
| Listing Agent |
Anthony Grynchal DRE #01873626 |
| Courtesy Of |
eXp Realty of Greater Los Angeles |
| List Price |
$5,350,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Duplex |
| Structure Size |
2,279 |
| Lot Size |
123,263 |
| Year Built |
1912 |
Listing information courtesy of: Anthony Grynchal, eXp Realty of Greater Los Angeles. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 11th, 2025 at 1:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
