$4,750,000

0 S Downs St Ridgecrest, CA 93555

Estimated payment $29,835/month

Total Views 820
20.13 Acres
$235,966 Price per Acre
876,863 Sq Ft Lot

About This Lot

Seller Financing Available - Up to 50% of the Purchase Price at a 4% Interest RateThis is a rare opportunity for investors to acquire a 20.13-acre parcel of land, ideally suited for a master-planned apartment community in Ridgecrest, California.The proposed development includes 361 residential units, featuring a mix of spacious floor plans:Two-bedroom, two-bath units (901 sq. ft.)Three-bedroom, two-bath units (1,078 sq. ft.)Two-bedroom, two-bath units (950 sq. ft.)The project also includes:712 parking spacesA modern clubhouseA dedicated rental office with an on-site manager's unitThis shovel-ready development site has all necessary utilities available at the street and is centrally located near Ridgecrest's key commercial, educational, and recreational amenities.Preliminary plans and renderings are available. This is a prime opportunity for developers and investors ready to move forward on a high-demand residential project.

Listing Agent

Anthony Magana

Elite, Realtors® License #01936801 Listed on: 07/16/2025

Property Details

Property Type

  • Land

Lot Details

  • 20.13 Acre Lot
  • Zoning described as R-3

Listing and Financial Details

  • Assessor Parcel Number 47901015

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Deposit Amount Required: 100000.00
  • Property Sub Type: Acreage
  • Lot Size Acres: 20.1300
  • Special Features: None
  • Stories: 0

Exterior Features

  • Water District: Indian wells Valley Water District

Schools

  • High School: Other-Outlying
  • Middle Or Junior School: Other-Outlying

Lot Info

  • Zoning Description: R-3
  • Lot Size Sq Ft: 876862.00
  • Parcel #: 47901015

Multi Family

  • Existing Lease Type: Net

MLS Schools

  • Elementary School: Other-Outlying

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $4,750,000 -4.0% --
05/16/2025 05/16/25 Price Changed $4,950,000 -16.8% --
03/30/2025 03/30/25 For Sale $5,950,000 -- --
Source: Bakersfield Association of REALTORS® / GEMLS

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202508009

Bakersfield Association of REALTORS® / GEMLS
California Kern County Ridgecrest 93555

0 S Downs St, Ridgecrest, CA

This home is located at 0 S Downs St, Ridgecrest, CA 93555 and is currently priced at $4,750,000. 0 S Downs St is a home located in Kern County with nearby schools including Faller Elementary School, James Monroe Middle School, and Burroughs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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Listing Agent
Anthony Magana
Section Image
Elite, Realtors®
(442) 219-2938