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$1,350,000
Est. payment /mo
38.69 Acres Lot
UPDATED:
02/14/2025 09:21 PM
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250210
Lot Size 38.690 Acres
Acres 38.69
Property Sub-Type Acreage
Property Description
Perfect lot in Verdi CALIFORNIA of 38.69 acres total, for a Developer/Contractor who is looking for a great opportunity to develop and build 7 exclusive 2.5+ acre estate homes, with a remainder 16 acre parcel on the south side of Sunrise Creek. Sunrise Creek is a seasonal creek which traverses the property with riparian water rights. Mature Pine trees cover most of the lot. This lot comes with a Small Water Company permitted for 7 homes. Value of each water hookup is estimated to be about $35,000 per lot for a total value of +/- $225,000 Lot has been engineered and has a TPM to subdivide into 7 buildable lots of 2.5+ acres each -- plus one remainder lot of approximately 16 acres - 8 lots total. Each buildable lot is expected to have a finished value of approximately $400,000. Developer would need to build and extend Feenune Road as outlined on the TPM. Feenune Road is a Private Gated Road, accessible from Dog Valley/Henness Pass Road. Property is also bordered by Sunrise Creek Road along the west side of the parcel. Water Company includes all current infrastructure including two high volume deep wells capable of producing over 80 GPM water supply, includes a building where two wellheads are connected to 3 - 400 gallon hydrostatic tanks and pressure pumps to maintain 60 psi water pressure through an 8" in-ground water main.
Location
State CA
County Sierra
Community Surroundingarea
Area Verdi-7He
Zoning Residential
Exterior
View Panoramic, Wooded, Mountain, River/Creek
Topography Varies
Building
Lot Description RIVER CREEK
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Listed by Mitch T Clarin • Mitch Clarin, Broker
Learn More About LPT Realty
Jen Rosser
Broker Salesperson | License ID: NV BS.0145301, CA 01767283
Broker Salesperson License ID: NV BS.0145301, CA 01767283