MLS#: 373043635

$950,000 USD

  • Bedrooms
    3
  • Bathrooms
    2
  • Home/Lot size
    1,100ft²
The details

Property features

Construction details

  • Year built: 1944

Other features

  • Property features: Fireplace
  • Cooling system: Central AC

Area

  • Property size: 1,100ft²
  • Land/Lot size: 576,734ft²
  • Bedrooms: 3
  • Bathrooms: 2
  • Total rooms: 5

School information

  • High School District: Madera Unified

Description

Two parcels are available for purchase: individually or together. 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

Madera, California
Courtesy of Ernesto Ochoa Keller Williams Property Team

Listing Contact: 209-704-7653