Lantana Estates Phases 2 & 3 | Approved 99 Lot Subdivision
$3,672,900
Lantana South, Merced, CA
20.6 acres
Lot Area
4.09
Price Per Sqft
Details:
Highlights:
- Approved 99 lot Subdivision.
- Grading; Sewer and SD complete.
- Surrounded with new planned development
- Vesting TM approved 10/03/2018.
- Engineers Estimate of work to complete.
- Shovel ready to start building.
Description:
Lantana South, Phases 2 & 3 located in Merced, CA consists of an approved Tentative Map for 99 SFR Lots (City of Merced Resolution #4009 dated 10-03-2019). The project is graded and partially complete with sewer and storm drain installed to a completed offsite SD Basin it is now shovel ready to recommence and will include approved improvement drawings. There are no reimbursements affecting installed improvements.
Lot sizes vary from 5,200 SF to a few that are over 8,000 SF, the average is about 5,500 SF. Attractively priced at $37,100 per lot. Active builders in Merced include: Stonefield; Lennar; DR Horton: K Hovananian; Bonadelle; among others and home sales are at a 10 year high with over 580 new single family home permits issued in 2018, up from 148 just a year before.
Documents:
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Offering Memorandum
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Location
Gallery
