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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