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LENDER SAYS MAKE AN OFFER!

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208 Lots w/ Tentative Tract Map Approval
Bakersfield, CA

LOCATION: Located at the southeast corner of Morning Drive and Paladino Drive in the attractive rolling hills of northeast Bakersfield, CA 93308. The property is north of CA-178; minutes from the Bakersfield Country Club.
   
DESCRIPTION:

The property consists of approximately 56.5+/- acres of raw, undeveloped zoned land (R-1 single family residential) within the City of Bakersfield. A gas pipeline is across the south end of the property. The property has been remediated.

   
ENTITLEMENTS: Vesting Tentative Tract Map 6517 is approved for 208 single family residential lots, in three phases and includes a private park. The design is ideal for multiple housing product lines. Street frontage is 60 to 75 feet and range in size from 6,000 to 8,000 SF with some cul-de-sac lots from 9,000 to over 14,000 SF. Buyer to verify the September 2012 expiration date and possible extensions. BUYER TO VERIFY ZONING AND THAT IT WILL ALLOW BUYER'S INTENDED USE.
   
SCHOOLS:

Bakersfield City Unified School District services the area with the following schools: Thorner Elementary, Chipman Junior High and Highland High.

   
UTILITIES: Installed in Morning Drive. Buyer to verify the adequacy and services as follows: Water - California Water Service Co; Sewer - City of Bakersfield; Gas/Electric - Pacific Gas & Electric; Telephone - SBC Communications.
   
PRICE:

MAKE AN OFFER! Reduced to $575,000; all cash on an "As-is, Where-is" basis.

   
COMMENTS:
  • Submit letter of intent/offers (no CAR forms) with proof of funds at the earliest possible time.
  • Seller reserves the right to accept or reject any offer(s) at any time without notice.
  • Buyer must rely soley upon buyer's independent investigations and due diligence.
   
CONTACT:

Larry Lynch (DRE 01180573) at 818-787-3077 or Derek Sprague (DRE 01476480) at 661-301-4871 for additional information. This is a shared listing with Sprague Real Estate Group.

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DISCLAIMER NOTICE TO BUYER: The above information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer should have the experts of their choice inspect the property and verify all information. Real estate brokers are not qualified to act as or to select experts with respect to legal, tax, environment, zoning, building construction, soils-drainage, or other such matters. Please click here to view our full disclaimer.

 

Licensed in California and Nevada
CA DRE Lic. 00861992 | NV RED Lic. B.1000713.Corp

Korek Land Company, Inc.
15230 Burbank Blvd., Suite 101 | Sherman Oaks, CA 91411 | 818-787-3077 | mail@korekland.com