VESTING TENTATIVE TRACT MAP 6968, PHASES 1-9, 375 SFR LOTS

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Presentation transcript:

VESTING TENTATIVE TRACT MAP 6968, PHASES 1-9, 375 SFR LOTS SNOW ROAD FOR SALE VESTING TENTATIVE TRACT 6968 COFFEE ROAD Property Details & Highlights: VTTM 6968 Phases 1-9 375 Single-Family Residential Paper Lots APN: 492-080-52 (Portion), 492-080-29 (All) & 492-080-27 (Portion) Average 6,050 SF (55’ x 110’) lot size Nine (9) Phases Prestigious NW Bakersfield Location

VESTING TENTATIVE TRACT MAP 6968, PHASES 1-9, 375 SFR LOTS Phases 1-9 375 Lots

VESTING TENTATIVE TRACT MAP 6968, PHASES 1-9, 375 SFR LOTS Property Overview VTTM 6968, phases consist of a portion of the 100 gross unimproved residential acres in the City of Bakersfield, County of Kern. The site is fully entitled for 375 lots. All engineering is in various stages of completion and approval with the City. Location VTTM 6968 is generally located on Snow Road, west of Coffee Road in NW Bakersfield. Owner of Record Landstone Companies, LLC Assessor Parcel Number APN: 492-080-52 (Portion), 492-080-29 (All), 492-080-27 (Portion) Zoning R-1 Topography The site is relatively flat. Property Condition The Property is currently being farmed and in an unimproved condition. Upon close of escrow, the site will be conveyed in an “as-is” condition. The Buyer will be responsible for making all necessary improvements. Price $14,062,500 and or $37,500 per paper lot. Lot Count/Size VTTM 6968 is approved and engineered for 375 single-family residential lots, 1 sump lot, 1 park lot, 1 drill island and 4 landscape lots. The average lot size is 6,050 SF (55’x110’). Tax Information The current property tax rate on the subject Property is 1.1%. Buyer to verify current tax and CFD information. Cost to Complete The Property will be delivered “as-is”. Buyer shall determine their own cost to complete estimates. Cost to complete estimates are available upon request. Utility Providers Sewer: North of the River Sanitary District Water: California Water Company Cable: Bright House Networks Electric: PG&E Gas: So Cal Gas Phone: ATT School District Information Centennial High School Norris Middle School Norris Elementary School

VESTING TENTATIVE TRACT MAP 6968, PHASES 1-9, 375 SFR LOTS Future 6 Acre Park NOT A PART Lot 3 Phases 6 & 7 84 Lots Lot 2 Phases 4 & 5 84 Lots Lot 1 Phases 1-3 122 Lots