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Listed by Gurjeet Rai • Doorlight Inc
$1,500,000
Est. payment /mo
2 Beds
2 Baths
1,959 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,959 sqft
Price per Sqft $765
MLS Listing ID ML81990969
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1962
Lot Size 3.960 Acres
Property Sub-Type Detached
Source Datashare MLSListings
Property Description
Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.
Location
State CA
County Merced
Interior
Heating Other
Cooling None
Fireplace No
Exterior
View Valley, Park
Private Pool false
Building
Lot Description Level
Water Public
Schools
School District Los Banos Unified, Los Banos Unified
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Altie Schmitt
Partner at Village Associates | License ID: 00924672
Partner at Village Associates License ID: 00924672
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