Listing provided courtesy of Ernesto Ochoa of Keller Williams Property Team. Last updated 2024-06-29 09:17:36.000000. Listing information © 2024 Sandicor.
Asking Price: $950,000
13671 Road 28, Madera CA 93638
Community:
This Lots/Land property was built in and is priced at $950,000. Please see the additional details below.
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!
