42096 Majestic Ln, Shaver Lake, CA

$2,000,000

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566

Square feet

0.01

Acres

About 42096 Majestic Ln

Tremendous Investment Opportunity. 18 lots for sale at Shaver Lake's Bretz Mountain, Majestic Summit Townhome Community. Perfect opportunity for a builder/developer to complete the project and prosper. These level lots have stunning views and are improved with utility stub-outs and paved road. Wells are already in place. Buyer to pay to build/complete a water treatment facility that will connect the wells into Fresno County water system. Fresno County has the engineered plan in for review now, we are hoping for approval within 6 weeks. Estimated cost for development for the treatment plant is $1,000,000. Construction time is estimated at one to two years. Once completed, the plant will provide the 18 water units needed for this project and have an additional approximately 40 water units to sell at a value of approximately $15,000 to $20,000 each. Demand is high for water units in Shaver Lake. Buyer to verify sewer availability with Fresno County and all development details.The last completed townhome sold 3/23 for $828,000 and was 2267 sq ft, 4 bd., 2.5 baths with a 2-car garage. You only have to do the math to see the potential profit achievable with this project. Additional Information available upon request. Buyer to verify all.

Features of 42096 Majestic Ln

MLS® # 596313
Price $2,000,000
Square Footage 566
Acres 0.01
Type Lots
Sub-Type Single Family
Status Active

Community Information

Address 42096 Majestic Ln
Area 664
City Shaver Lake
County Fresno
State CA
Zip Code 93664

Amenities

Amenities Bluff View
Is Waterfront No

Exterior

Lot Description Level

School Information

District Sierra
Elementary Pine Ridge
Middle Sierra
High Sierra

Additional Information

Date Listed June 23rd, 2023
Days on Market 316
Foreclosure No
RE / Bank Owned No

Listing Details

Agent Tamara C Myers
Office Sierra Crest Properties

Listing Map

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