NOT LISTED FOR SALE

39708 Calico Rd Yermo, CA

657 Acres
-- Price per Acre
28,618,920 Sq Ft Lot

Last Sold March 09, 2021

Last sale price $520,000

339 Days on Market

Highlights

  • 657 Acre Lot
  • Agricultural
  • Level Lot
  • View of Hills

About This Lot

As of March 2021

HUGE price reduction! Here is an opportunity to purchase two adjoining parcels located along expanding corridor of Interstate 15, located between Calico Blvd & Minneola Rd. within the City of Yermo. The offering includes 854 acres of BAP yearly water rights and 385 carry over from 2018 per Mojave Water Basin. Water rights to transfer with parcels. Water rights in this region are transferred and purchased at a premium and would provide an investor a high cap rate. There is a profitable development opportunity taking into account this highly trafficked thoroughfare between Southern California and Las Vegas and located near the high-speed rail project that has a federally approved corridor between Las Vegas and Victorville, privately funded by Virgin Trains USA. This 657 acre parcel(s) is split zoned RL & RC. Approx. 400 acres is development ready (zoned RL) for Residential Development and a small percent is (zoned RC) for Resource Conservation.

Last Agent to Sell the Property

Danielle Davenport

KW Bay Area Estates License #00954910 Listed on: 02/08/2020

KW Bay Area Estates

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Lot Details

  • 657 Acre Lot
  • Level Lot
  • Irrigation
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Potential for Re-Zoning

Additional Features

  • Views of Hills
  • Electricity Less than 500 Feet Away
  • Agricultural
  • Horses Potentially Allowed on Property
  • Well

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: RC
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Bare Land
  • Development Status: Improvements - None, Lot Split Possible, Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills
  • Horse Property: Possible
  • Horse Property Description: Pasture - Irrigated, Unimproved

Lot Info

  • Lot Description: Agricultural Use, Grade - Level, Possible Lot Split, Potential Re-Zone
  • Lot Acres: 657.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 28618920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 28618920.00
  • Soil: Clay, Sandy
  • Mineral Rights: Call Listing Agent
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Less Than 500 Feet Away

Range of Values:

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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
03/09/2021 03/09/21 Sold $520,000 -48.0% --
01/12/2021 01/12/21 Pending -- -- --
10/25/2020 10/25/20 Price Changed $999,999 -50.0% --
02/08/2020 02/08/20 For Sale $2,000,000 -- --
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81780280

MLSListings