Gavilan Springs presents a rare opportunity to purchase finished estate size lots in an attractive and established community. A total of 37 estate size lots are available and range in size from 2.4 to 14.96 acres with Pads ranging from 16,151 sf to 99,328 sf. These lots are fully improved with streets, wet and dry utilities to each lot.
The property is centrally located between the 15 & 215 freeways. Gavilan Springs is recognized as a secluded luxury community with an equestrian centered focus and outdoor lifestyle. New trails were developed in the community as an amenity for walking/hiking and mountain biking.
The market is characterized primarily with established estate re-sale homes that average over $1.2M and 3,748 sf. Inventory for sale has been limited in the area as a result of the residents appreciation for the area and do not move often.
The only new home community considered comparable is the Vistas by Trumark just north of Gavilan in Mockingbird Canyon. The Vistas offers estate lots with a min of 1-acre and new homes averaging $1.4M for 4,669 sf and has steadily been selling at a rate of approximately 2 homes/month and only have about 14 homes left to sell.