$4,750,000

0 S Downs St Ridgecrest, CA 93555

Estimated payment $29,220/month

Total Views 3,144
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

20.13 Acres

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

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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 List to Sale Price per Sq Ft
07/16/2025 07/16/25 For Sale $4,750,000 -4.0% --
05/09/2025 05/09/25 Price Changed $4,950,000 -16.8% --
03/28/2025 03/28/25 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
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