Active

42096 Majestic Lane

Shaver Lake CA, 93664

$1,795,000


$3,169.81 per sqft

Active

0.01 Acres

Land

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 soon. 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.

596313

MLS ID

June 23, 2023

Listed

November 22, 2024

Updated

Map

42096 Majestic Lane
Shaver Lake CA, 93664

Exterior/Building Features

Lot Size

0.01 Acres


Exterior Features

Mountain, Curbs/Gutters, Level, Adjacent Land Avail


Lot Features

Mountain, Curbs/Gutters, Level, Adjacent Land Avail


Sewer

Public Sewer

School Information

School District

Sierra


High School

Sierra


Elementary School

Pine Ridge

Other Property Details

Area Name

664


Garage

No


View

Yes


View Description

Bluff View


County

Fresno


Water Source

Public


Pool

No

Listing History

Date

Event

Price

6/12/2024

Price change

$1,795,000

-11%

Listed by Sierra Crest Properties, Tami C Myers,
Listing Contact: 559-281-5710 

All properties are subject to prior sale, change or withdrawal. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/22/2024 9:54 PM UTC.

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