Permit Ready - Monterey County - Residential LAND FOR SALE


Soledad, CA 93960 372,438 SF
$8,500,000 USD
831-258-2158
Permit Ready - Monterey County, Soledad, CA for Sale
$8,500,000 USD
Residential LAND - FOR SALE
1/21
372,438 SF

Permit Ready - Monterey County
Soledad, CA 93960


HIGHLIGHTS

  • Exceptional development opportunity to build upon 104 approved lots for single-family homes in Salinas Valley's thriving housing market.
  • Nestled within Soledad, California, a family-friendly city with a small-town feel and the amenities of a bustling city.
  • City of Soledad has approved permits for a new development offering a range of house models spanning 1,376 to 1,619 square feet.
  • Situated close to a thriving agricultural hub, the picturesque Monterey Peninsula, and the technological powerhouse Silicon Valley.

OVERVIEW

Discover an exciting new construction opportunity in the heart of the Salinas Valley. These 104 lots are permitted with a Final Map subject to infrastructure installation. These apartments are three-bedroom and four-bedroom houses in one of the area’s hottest housing markets. With inventory at a record low, demand remains very strong, and build-out is nearly complete in Soledad. These lots represent the last available opportunity to build in housing-starved Monterey County. Permit-ready, these lots feature approved house models ranging from 1,376 to 1,619 square feet on lots between 2,150 and 3,360 square feet. The homes are expected to sell for over $540,000, with the larger models pushing to $575,000 or above. Soledad is a highly desired place to live for its affordability, availability of new construction (a rare commodity in the county), and proximity to Salinas, the Monterey Peninsula, and Silicon Valley. Locals enjoy the small-town charm of the area and the surrounding picturesque landscapes of Monterey County. This family-friendly area has recreational activities, remarkable restaurants, and many local small businesses. Developers and investors will find this ideal residential development opportunity encompassing 104 shovel-ready lots in Soledad, California.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/ACRE

$994,152/AC

PRICE/SF

$23 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

104 SFR Permit Ready Lots - Miravale Homes

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

8.55 AC

LAND SF

372,438 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R1

APN/PARCEL ID

022-441-017

ASK ABOUT THIS PROPERTY

Eric MarcusVista Capital PartnersMore Info
831-258-2158

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Eric MarcusVista Capital PartnersMore Info
831-258-2158

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.