9350 Bond Road

Elk Grove, CA 95624

PRICE REDUCED

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-$500,000 (-14.29%)

$2,999,888

List Price

3

bed Beds

2

shower Baths

1,517 sqft

straighten / sqft

1950

calendar_month Built

Property Description

Discover this unique investment opportunity to own a fully renovated home situated on an expansive 8-acre lot. The property boasts numerous upgrades, including brand-new LVP flooring, a new roof with gutters, remodeled bathrooms and kitchen, new appliances, fresh paint, upgraded electrical systems, and enhanced backyard landscaping. A Tentative Map has been approved for rezoning to RD-4, allowing for the subdivision of 15 spacious lots (averaging over 10,000 sq. ft.), complete with two cul-de-sacs. The proposed community will include a bike and pedestrian trail along the adjacent creek, offering excellent recreational options.Located within walking distance of Pleasant Grove, the top-rated school in the Elk Grove Unified School District, this property is a prime location for high-end single-family homes, surrounded by million-dollar estates.Generate rental income (pro forma $2,500/month) while completing the final subdivision map. A separate studio with a bathroom also on this parcel, providing privacy or rental income. Don't miss this rare opportunity for investors or small builders to develop in one of Elk Groves most desirable areas. Full disclosure information is available upon request!

Listing Information

List Price $2,999,888
Status Active
MLS ML81987735
Type Residential
Subtype Single Family Residence
Year Built 1950
Lot Size 344,124
Structure Size 1,517
DOM 4
Courtesy Of Intero Real Estate Services
Listing Agent Bobby Tran DRE#02136081

Interior Features

Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Fireplace Information
Features Wood Burning
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Bobby Tran, Intero Real Estate Services 510-862-8017. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 8th, 2024 at 12:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.