1 Beverly, Porterville, CA 93257

$3,575,000

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List Price
$3,575,000
Status
ACTIVE
Days on Market
0
MLS#
654147
Subtype
Land
Lot Size
2,831,400
Acres
65

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.

Additional Information

School District
Porterville Schools
Elementary School
West Putnam
Middle School
Sequoia
High School
Porterville

Listing courtesy of listing agent J.P. Shamshoian with Realty Concepts, Ltd. - Fresno, 559-978-4772.

Based on information from the Fresno Association of REALTORS® as of . 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.

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