1 Beverly, Porterville, CA 93257

$3,575,000

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List Price
$3,575,000
Status
ACTIVE
Days on Market
19
MLS#
243658
Subtype
Land
Lot Size
2,831,400
Acres
65
MLS Area Major
Porterville NE

Property Description

65 acres of Low Density Residential infill in Porterville, offered at $55,000/acre. Two APNs, contiguous to existing residential development. Annexation process initiated with LAFCO fees paid, and a Tentative Tract Map is in process meaningful entitlement progress already underway and funded. No Williamson Act contract. A rare chance to acquire development-scale acreage inside an active market with the clock already running rather than starting from zero. Buyer to verify annexation and map status, lot yield, service availability, and fee obligations with the City of Porterville and Tulare County LAFCO. SGMA Disclosure: The Sustainable Groundwater Management Act was passed in2014 and requires groundwater basins to be sustainable by 2040.SGMA and GSA/GSP plans may limit ground water pumping. For more information please visit the SGMA website athttps://sgma.water.ca.gov/portal.

Listing courtesy of listing agent J.P. Shamshoian with Realty Concepts, Ltd. - Fresno, .

Courtesy of J.P. Shamshoian with Realty Concepts, Ltd. - Fresno

Courtesy of Realty Concepts, Ltd. - Fresno.

Listing courtesy of Listing Agent: J.P. Shamshoian (accounting@realtyconcepts.com) from Listing Office: Realty Concepts, Ltd. - Fresno.

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