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Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Com-Lnd/Rn/Grv
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190007032
Sold Date 02/10/22
HOA Fees $31,593
HOA Y/N Yes
Acres 29.03
Lot Dimensions 29.03 acres
Property Description
This is one of two parcels totaling approx. 60 acres offered at ($1,750,000 for both parcels 08 and 02 that makeup the new subdivision "Rancho Nuevo" with an Approved Tentative Map & Final Map Filed for 13 buildable lots.) This parcel sits within Rancho Palo Verde and has back gate access to Palo Verde Ranch and amenities. HOA's will need to be negotiated with as acres have not been annexed in. Buyer to establish fees with HOA's. The Seller is willing to allow the parcels to be sold separately for two small projects. If this parcel sells on it's own, buyer will need to do a lot split of up to four lots or work with the county on a new subdivision for 5 lots as sold separately voids the current TM across both parcels. Seller, former SFR developer, may consider selling his share and allowing capable credit worthy buyer assuming partner's estate financing with Union Bank at approx. $900,000. All details need to be proven and investigated by buyer & buyer's agent to buyer's satisfaction.
Location
State CA
County San Diego
Area Alpine (91901)
Exterior
View Other/Remarks
Others
Monthly Total Fees $1
Financing Cash
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Bought with Lesha A Montoya • Pacific Coast Commercial
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878