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Listed by Ernesto Ochoa • Keller Williams Property Team
$ 950,000
Est. payment | /mo
576,734 SqFt
$ 950,000
Est. payment | /mo
576,734 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 576,734 sqft
Price per Sqft $1
MLS Listing ID CRMC24131442
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 13.240 Acres
Property Sub-Type Unimproved Land
Property Description
Two parcels together are available for purchase: The first is a 12.36-acre tract of open land, offering the versatility to either construct your dream home/ranchette or just farm it. The second parcel is a 0.88-acre ranchette comprising of three single-family homes, all currently leased on a month-to-month basis. Acquiring both parcels opens the potential for a subdivision into 91 single-family lots, as illustrated in the attached "conceptual" subdivision map. Presently, there are three occupied rental homes: a 3-bedroom, 2-bath, 1100-square-foot main house with a carport; a 2-bedroom, 2-bath, 800-square-foot second house; a 2-bedroom, 1-bath, 600-square-foot third house and potentially room to build a 4th house. Each residence boasts a unique address and individual PG&E gas meters. This presents an excellent investment to buy and hold or to immediately commence the development process!
Location
State CA
County Madera
Interior
Fireplace No
Exterior
View Other
Building
Lot Description Agricultural, Level
Water Public
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