607 N Mercey Springs Road

Los Banos, CA 93635

PRICE REDUCED

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-$100,667 (-6.29%)

$1,499,333

List Price

2

bed Beds

2

shower Baths

1,959 sqft

straighten / sqft

1962

calendar_month Built

Property Description

Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.

Listing Information

List Price $1,499,333
Status Active
MLS ML81954075
Type Residential
Year Built 1962
Lot Size 172,498
Structure Size 1,959
DOM 232
Courtesy Of Doorlight Inc
Listing Agent Gurjeet Rai DRE#02149422

Interior Features

Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 2
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Gurjeet Rai, Doorlight Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 1st, 2024 at 7:46 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.