Chat 42096 Majestic Lane, Shaver Lake, CA 93664 | MLS #596313 | Guarantee Real Estate

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Listing provided courtesy of Sierra Crest Properties - MLS#596313MLS Provider
Contact Information: realtortami@tamimyers.com

42096 Majestic LaneShaver Lake, CA 93664

Vacant Land · 0.01 Acres

$2,000,000 Active

Overview

Time on Site:
246 days
Visits:
5

Tremendous Investment Opportunity. 18 lots for sale at Shaver Lake's Bretz Mountain, Majestic Summit Townhome Community. Perfect opportunity for a builder/developer to complete the project and prosper. These level lots have stunning views and are improved with utility stub-outs and paved road. Wells are already in place. Buyer to pay to build/complete a water treatment facility that will connect the wells into Fresno County water system. Fresno County has the engineered plan in for review now, we are hoping for approval within 6 weeks. Estimated cost for development for the treatment plant is $1,000,000. Construction time is estimated at one to two years. Once completed, the plant will provide the 18 water units needed for this project and have an additional approximately 40 water units to sell at a value of approximately $15,000 to $20,000 each. Demand is high for water units in Shaver Lake. Buyer to verify sewer availability with Fresno County and all development details.The last completed townhome sold 3/23 for $828,000 and was 2267 sq ft, 4 bd., 2.5 baths with a 2-car garage. You only have to do the math to see the potential profit achievable with this project. Additional Information available upon request. Buyer to verify all.

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Facts & Features

  • Type Vacant Land
  • Lot 0.01 Acres

General

Listing Information
  • Availability Date: 1800-01-01
Location/Region
  • County Or Parish: Fresno
  • MLS Area Major: 664
General Information
  • Property Sub Type: Single Family Residence
  • Property Type: Land/Lots

Interior

Beds/Baths
  • Bathrooms Three Quarter: 0
  • Bedrooms Possible: 0

Exterior

Lot Information
  • Lot Features: Bluff View
  • Lot Size Source: (Tax Records)
  • Lot Size Square Feet: 566.00
  • Topography: Level

Neighborhood

Community

93664 (Shaver Lake) Demographics
66
Median Age
2
Population Density (per sq. mile)
66%
College Educated
$106,071
Estimated Median Income
188
Estimated Total Home Owners
32
Estimated Total Renters
85% / 15%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
Middle Schools
High Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

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$ %
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$
$
* Assumes 7.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$859,573
Median Sales Price
$447
Median Price per Square Foot
0
Properties Sold
9
New on Market
104
Average Days on Market
46
Properties for Sale
Calculations provided by Reliance Network