607 N Mercey Springs Road, Los Banos, CA 93635 (MLS # ML81954071)
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Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.
| DAYS ON MARKET | 166 | LAST UPDATED | 6/19/2024 |
|---|---|---|---|
| COMMUNITY | Not Defined | COUNTY | Merced |
| STATUS | Active | PROPERTY TYPE(S) | Lot/Land/Acreage |
| School District | Los Banos Unified |
|---|---|
| Elementary School | Other |
| Jr. High School | Other |
| High School | Other |
| PRICE HISTORY | |
| Prior to Jun 19, '24 | $1,600,000 |
|---|---|
| Jun 19, '24 - Today | $1,499,000 |
| ADDITIONAL DETAILS | |
| AREA | Not Defined |
|---|---|
| LOT | 3.96 acre(s) |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| UTILITIES | Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Park/Greenbelt,Valley |
| WATER | Public |
| ZONING | R-1 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 7/26/24 11:44 PM PDT and /or other sources. 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
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