Address
305 Portico Dr Merced, CA
Price
$ 7,500,000
Property Attributes
  • ID#20042740
  • TypePending
  • CountyMERCED
  • CityMerced
  • Area20409
  • NeighborhoodBellevue Ranch Campus Paseo
  • Zip95348
  • StyleResidential Lot
  • Price$ 7,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Barbara Kell J. Hasko CalBRE# - 01790310 with Realty Executives of Merced
Data Source:
MetroList - 47 -CA
Property Description

136 Finished Lots - All lots have utilities and are ready to build per buyer's own plans and subject to City approval plus 6 models are completed and permitted for use as rentals. All units currently rented out on a month to month agreement with tenants. Buyer would be required to change the commercial zone back to residential zone on 57 lots to be all residential community. Commercial Zoning from residential to commercial use and fees paid with proposed plan only. Buyer to create actual plans and obtain City approval. Approximately 57 lots would need to be removed to build a commercial complex with 2 buildings, parking lot and area including drain basin.

Price History
7/23/2020 Listed $7,500,000

General Features

Association Y/N No
Crops None
Current Use See Remarks
Development Status Lot Build To Suit, Tentative Map Filed, See Remarks
Elementary School District Merced City
High School District Merced Union High
MLS Area 20409
Other Structures None
Possible Use Commercial, Subdivision
Property SubType Residential Lot
Property Type Land
School District (county) Merced
Sewer Sewer Connected
Status Pending
Subdivision Name Bellevue Ranch Campus Paseo
Zoning R1
Zoning Description Commercial, Residential, See Remarks

Interior Features

Additional Living Unit No

Exterior Features

Horse Y/N No
Lot Features Corner, Curb(s), Gutter(s), Paved, Sidewalk(s), Street Light(s), See Remarks
Lot Size Acres 0.0500
Lot Size Source Assessor Auto-Fill
Lot Size Square Feet 2178
Number of Lots 136
Other Equipment None
Road Responsibility Public Maintained Road
Road Surface Type Paved
Vegetation None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 95348

Price
AVG $1,000K
$7.5M
Visits
AVG 28
426
Walkscore
AVG 27
3
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.