Black Oaks, Lake Arrowhead, CA 92352

Property Description

Originally a planned development named Black Oak Estates, this prime property is now available for a new builder/developer to realize. This development consists of 107 parcels totaling about 63 acres of prime buildable land. This listing includes 2 more parcels making a total of 109 parcels. The 108th parcel is a 0.33 acre lot located at the entrance to the Black Oak Estates area. The 109th lot is an adjacent, huge single lot of 82 acres, named Common Area Open Space. The combined acreage of all the parcels is a whopping 145 acres! A "reversion to acreage" may be applied to the Black Oak Estates parcels for an interested buyer to develop as they please, perhaps a private family resort. Located within Arrowhead Woods, all the parcels have lake rights. NOTE: Initial listing was for Black Oak Estates parcels only for 15M. Listing was revised to include the 82 acres, Common Area Open SP and the sale price increased to $19.888M.