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$950,000
Est. payment /mo
13.24 Acres Lot
UPDATED:
12/05/2024 05:12 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC24131442
HOA Y/N No
Annual Tax Amount $11,539
Tax Year 2023
Lot Size 13.240 Acres
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
Zoning AR-5
Interior
Fireplace No
Exterior
Community Features Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected
View Y/N Yes
View Neighborhood
Building
Lot Description 6-10 Units/Acre, Agricultural, Flag Lot, Horse Property, Level, Street Level
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 034130033
Acceptable Financing Cash to New Loan
Horse Property Yes
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Ernesto Ochoa • Keller Williams Property Team • 209-704-7653