13671 Road 28

Madera, CA 93638

$950,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

2001

calendar_month Built

Property Description

Two parcels together are available for purchase: The first is a 12.36-acre tract of open land, offering the versatility to either construct your dream home/ranchette or just farm it. The second parcel is a 0.88-acre ranchette comprising of three single-family homes, all currently leased on a month-to-month basis. Acquiring both parcels opens the potential for a subdivision into 91 single-family lots, as illustrated in the attached "conceptual" subdivision map. Presently, there are three occupied rental homes: a 3-bedroom, 2-bath, 1100-square-foot main house with a carport; a 2-bedroom, 2-bath, 800-square-foot second house; a 2-bedroom, 1-bath, 600-square-foot third house and potentially room to build a 4th house. Each residence boasts a unique address and individual PG&E gas meters. This presents an excellent investment to buy and hold or to immediately commence the development process!

Listing Information

List Price $950,000
Status Active
MLS MC24140087
HOA $0
Type Residential Income
Subtype Single Family Residence
Year Built 2001
Lot Size 576,734
Structure Size N/A
DOM 35
Courtesy Of Keller Williams Property Team
Listing Agent Ernesto Ochoa DRE#01247053

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Ernesto Ochoa, Keller Williams Property Team . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.