$1,749,900
$330K PRICE DROP

543 N Mercey Springs Rd Los Banos, CA 93635

Estimated payment $11,330/month

Total Views 55,748
5 Acres
$349,980 Price per Acre
217,800 Sq Ft Lot

About This Lot

WITH THE CONTINUOUS PROGRESSION OF THE COMMUNITY THIS PARTICULAR SITE IS READY FUTURE RESIDENTIAL DEVELOPMENT. 3 OUT OF THE 5 ACRES HAVE A CONCEPTUAL PLAN ALREADY APPROVED BY THE CITY OF LOS BANOS. THE PROJECT IS FOR 97 UNITS; BUT COULD GO UP TO 150 UNITS (30 UNITS PER ACRE). THIS 5 +/- ACRE PROPERTY IS ZONED R-3 AND IS LOCATED WITHIN THE CITY LIMITS ALONG HIGHWAY 165. THE LOCATION HAS APPROXIMATELY 495.30 FT OF HIGHWAY FRONTAGE.

Listing Agent

Jarrett Sagouspe

T. Kaljian Real Estate License #01731872 Listed on: 07/22/2021

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Property fronts a highway
  • Possible uses of the property include Residential, Subdivision
  • Property is zoned R-3, Multi-Residential,Other

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 082-030-051

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Residential Acreage
  • Primary Residence: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Other Structures: None
  • Disclosures/Documents: None
  • Fencing: None
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1749900.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Road Frontage: Highway Exposure, Highway, Other
  • Road Surface Type: Paved
  • Spa: No
  • Topography: Level,Level
  • Additional Living Units: No
  • Soil: Unknown

Utilities

  • Sewer: TBD
  • Utilities: Public, Gas TBD, Other
  • Electric: Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Los Banos Unified

Lot Info

  • Zoning: R-3
  • Crops: None
  • Current Use: Vacant
  • Development Status: Raw Land
  • Zoning Description: Multi-Residential,Other
  • Irrigation: None
  • Lot Size Acres: 5.0000
  • Lot Size Sq Ft: 217800.00
  • Possible Use: Residential, Subdivision
  • Perc Test/Septic Design: None

Rental Info

  • Lease Type: Net

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 082-030-051
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List 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
09/12/2024 09/12/24 Price Changed $1,749,900 0.0% --
07/03/2023 07/03/23 Price Changed $1,750,000 -2.8% --
08/19/2022 08/19/22 Price Changed $1,800,000 -13.5% --
07/22/2021 07/22/21 For Sale $2,080,000 -- --
Source: MetroList

Source: MetroList

MLS Number: 221088911

MetroList