$1,499,333
For Sale

607 N Mercey Springs Road

Los Banos, CA 93635
1959 sqft | 2 beds | 2 baths | 3.96 acres | #ML81954075
Listing OfficeDoorlight Inc
Browse 204 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.

  • Interior Details
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
  • Property Details
      • ViewParkGreenbelt, Valley
      • Lot DescriptionLevel
    • Measurements
      • Acres3.96
      • Square Feet1959
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1962
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictLos Banos Unified
      • CountyMerced
      • Elementary SchoolOther
      • Middle SchoolOther
      • High SchoolOther
  • Financial Details
      • Original List Price$1,600,000
  • Other
      • MLS #ML81954075

Location

Omar ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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