$1,825,000
$2,000,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
5.7 Acres Lot
SOLD DATE : 08/23/2024
Key Details
Sold Price $1,825,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81961786
Sold Date 08/23/24
HOA Y/N No
Lot Size 5.700 Acres
Property Description
This high-density residential lot presents an exceptional development opportunity with the potential to build up to 99 units across nearly 6 acres, comprising three parcels. Ideal for a variety of housing projects, including H2A Housing, apartments, and single-family homes, this property offers versatility to meet market demands. With city utilities already available on-site, developers can streamline the construction process, enhancing efficiency and cost-effectiveness. The strategic location, coupled with available site plans upon request, makes this offering a prime investment for visionary developers looking to capitalize on robust growth opportunities in a thriving area.
Location
State CA
County Monterey
Area 699 - Not Defined
Zoning HDR/10
Interior
Fireplace No
Exterior
View Y/N No
Building
Sewer Public Sewer
Schools
School District Other
Others
Tax ID 145161087000
Financing Cash
Special Listing Condition Standard
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Bought with Vanessa Tottino • Remax Property Experts
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "