Kelly Okimoto, Nick Sadek Sotheby's International RealtyPhone: (916) 335-3185
Email: [email protected]
Email: [email protected]
FANTASTIC DEVELOPMENT OPPORTUNITY ! Completely renovated home with almost 8 acre lot. New LVP Flooring, New Roof/Gutters, Remodeled Bathrooms, Kitchen, New Appliances, Fresh Paint, New Electricals, Landscaping in the back, etc. Tentative Map approved for rezoning to RD-4, and a subdivision of 15 large lots (avg 10,000+sqft) with 2 cul-de-sac. The subdivision will have a bike/pedestrian trail next to the adjacent creek. Recreational opportunities abound. Walking distance to the best school (Pleasant Grove) in Elk Grove Unified School District. This is truly a rare chance for an investor or a small builder to develop high end single family homes in the proximity of million dollar homes. Obtain rental income ($2,500 proforma) while waiting for the final subdivision map. Disclosure information is available. There is a separate studio with bath currently used as storage.
