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$ 1,900,000
Est. payment /mo
New
199 S Pasadena Waterford, CA 95386
3.61 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID MC26149690
HOA Y/N No
Lot Size 3.610 Acres
Property Description
Premier Residential Development Opportunity - Tentatively Approved 53-Lot Single-Family Patio Home Subdivision located in the growing community of Waterford, California. This opportunity provides builders and investors with a substantially advanced entitlement position, reducing development risk while accelerating the path toward construction.
The project has been thoughtfully designed for 53 single-family patio homes, offering a housing product that aligns with today's market demand for attainable, low-maintenance ownership opportunities. The proposed community is well suited to first-time homebuyers, move-up buyers, empty nesters, and retirees seeking the affordability and quality of life offered by California's Central Valley.
Strategically positioned within Stanislaus County, Waterford continues to benefit from regional population growth, expanding employment opportunities, and increasing housing demand driven by its proximity to Modesto, Oakdale, Turlock, and the greater Central Valley. The property's convenient access to Highway 132 provides efficient connectivity to major employment centers while maintaining the appeal of a quiet, family-oriented community.
With entitlement work substantially completed through tentative map approval, a developer can significantly shorten the traditional development timeline and focus resources on final engineering, map approval, and vertical construction. Opportunities offering this level of entitlement progress remain increasingly limited throughout California, making this a compelling acquisition for both regional and national homebuilders. Within close proximity to Waterford High School, Lucille Whitehead Inermediate School and Waterford Plaza Community shopping center.
The project has been thoughtfully designed for 53 single-family patio homes, offering a housing product that aligns with today's market demand for attainable, low-maintenance ownership opportunities. The proposed community is well suited to first-time homebuyers, move-up buyers, empty nesters, and retirees seeking the affordability and quality of life offered by California's Central Valley.
Strategically positioned within Stanislaus County, Waterford continues to benefit from regional population growth, expanding employment opportunities, and increasing housing demand driven by its proximity to Modesto, Oakdale, Turlock, and the greater Central Valley. The property's convenient access to Highway 132 provides efficient connectivity to major employment centers while maintaining the appeal of a quiet, family-oriented community.
With entitlement work substantially completed through tentative map approval, a developer can significantly shorten the traditional development timeline and focus resources on final engineering, map approval, and vertical construction. Opportunities offering this level of entitlement progress remain increasingly limited throughout California, making this a compelling acquisition for both regional and national homebuilders. Within close proximity to Waterford High School, Lucille Whitehead Inermediate School and Waterford Plaza Community shopping center.
Location
State CA
County Stanislaus
Zoning P-D
Interior
Fireplace No
Exterior
Fence Block, Wrought Iron
Community Features Urban
Utilities Available Electricity Available, Sewer Available, See Remarks, Water Available
View Y/N Yes
View Neighborhood
Building
Lot Description 16-20 Units/Acre, Rectangular Lot
Water Public, See Remarks
New Construction No
Others
Senior Community No
Tax ID 080045023000
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Listed by Ernesto Ochoa Keller Williams Property Team 209-704-7653, DRE #01247053