$1,998,000
Rare near-entitled infill development opportunity. The subject property consists of approximately 7.63 acres across two legal parcels, planned for a 37-lot single-family residential subdivision. The approved development program includes 37 detached homes, all 3-bedroom, 2-bath, with floor plans. ranging from, 1,150 to 1,350 square feet, w/ garages. The project is substantially through the entitlement process. An MND was completed, a full EIR was not required, and public hearings have been conducted. The final map has been approved and is ready to record, subject to posting of performance bonds. Plans are in final updates to current code standards. Proposed improvements include full horizontal development: grading, private roads, curb and gutter, sidewalks, underground utilities, storm drainage, and engineered retaining walls. The site benefits from strong frontage, good access, and an established surrounding residential neighborhood. Seller financing available, call for details.
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Listed by Nicholas Tortorelli with NT Real Estate (831) 324-3910
Property Type
Land
Status
Active
MLS Number
ML82032915
Year Built
N/A
Lot Size
7.51 acres