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Why You'll Love It
If you are a developer with the right vision and the resources to acquire a turn-key development opportunity. This property represents an amazing opportunity for the right developer, investor, owner builders to purchase and own the entitlement for this 10.52 +/- acre property in the middle of a well-planned location in Alpine prime development area. The property currently has a Tentative Map (TM) for up to 30-lots and/or 26-lots based upon wholesale value to build custom homes. The owner has created a substantial amount of engineering and pre-planning due diligence into the property to plan for at least a 26-lot subdivision. This planning has led to recent reports that have concluded to make this project a reality. The land offers the right investor/developer with up to 4 rental units netting monthly income, potential income from over three hundred seventy five (375), one-hundred-year-old mature "Mission" olive tree groves, and includes a high-producing water well used for the rentals and irrigating the olive grove. This property is located near Wright's Field, including miles of hiking and horse riding trails. The location of the property is incredible, being less than a few minutes from the center of the City of Alpine, with great freeway access and other amenities.
Parcel #/ID
404-430-46
Legal Information
PM 15195 Par 4 Par C of Doc 05-0423284 in Pars 2 & 3
Unit Size:
458,251 SF
Property Highlights
| Farms & Ranches | Crop Production, Orchard/Vineyard |
| Timberland Investment | Miscellaneous |
| Homes, Cabins, Acreages & Lots | Building Site/Lot, Vacant Land |
- Absolutely appealing and desirable residential development property
- Impressive and stunning residential property
- A property where you can experience life surrounded by nature's finest offerings.
- Located in close proximity to a growing community lies a great investment opportunity significant for beautiful Israeli Olive trees.
- This is one property you do not want to miss!
- Unrivaled beauty as well as productive Olive trees
- Great for Olive tree lined drives for custom home lots
- Income producing Olive trees
- Incredible investment opportunity
- Priced right to sell and rare investment opportunity
- A great developer's dream
- Close to local amenities yet offering a sense of remote privacy
- Conveniently located near the growing City of Alpine, just off I-8 freeway and a major planned County park ad family recreation area
- Abundant water sources for a 26 -30 lot custom home development property
2024 Taxes:
$21,612
Zoning:
Residential
Future Land Use:
Multi Family Dwelling Combination 2+
Listing ID#:
3248583
Location
32.827954168065 , -116.7573742242
32.827955/-116.757376
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