9350 Bond Road, Elk Grove, CA 95624

$3,488,888
List Price
$3,488,888
MLS#
224015148
Status
ACTIVE
Type
Land

Property Description

FANTASTIC DEVELOPMENT OPPORTUNITY ! Tentative Map approved for zoning of RD-4, and a subdivision of 15 large lots (avg 10,000+sqft) with 2 cul de sac. Property includes a newly renovated 2 bed/2 bath home, with new bathroom, new kitchen, new LVP flooring, fresh paint, new roof, dual pane windows, new appliances, new fixtures, new electricals, landscaping in the back, etc. The subdivision will have a bike/pedestrian trail next to the adjacent creek. Recreational opportunities abound. Walking distance to the best school (Pleasant Grove) in Elk Grove Unified School District. This is truly a rare chance for an investor or a small builder to develop high end single family homes in the proximity of million dollar homes. Obtain rental income ($2,500 proforma) while waiting for the final subdivision map. There is a separate detached Studio with bath currently used as storage, potential for additional income. Disclosures information available.

Additional Information

View
River, Water
Sewer
Septic Tank, Sewer Available

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Bethany Real Estate & Investments, .

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2024 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information.

Terms of Use