Homes for sale - Hwy 208/Albite, Wellington, NV 89444

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Marilyn Dash

marilyn@marilyndash.com +1(415) 999-9087

$ 9,000,000

Est. payment | -/mo

1,553 Acres Lot

Save

$ 9,000,000

Est. payment | -/mo

Save

1,553 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240006022

Annual Tax Amount $6,948

Lot Size 1553.000 Acres

Acres 1553.0

Lot Dimensions 1553.0

Property Description

Possibilities are endless for this property. There are 36 forty-acre parcels totaling 1,553 acres currently in Ag use. Hard zoning overlay includes SFR 2, RA 5, MFR, TC and GC for potential development. Water Will Serves have been acquired from TRE GID and municipal grade well is onsite. Three phase power is on or near all parcels. Property can be subdivided for several hundred units, sold as individual 40 acre parcels for ranchettes or kept in Ag use. PROPERTY BEING SOLD INCLUDES ALL 40-ACRE PARCELS, Water rights are available for additional $7,200,000 if property is kept in Ag use and irrigation equipment may be purchased separately. Access and utility easements are recorded against the property. Onsite well was drilled one year ago a cost of $350,000 included in purchase price. Located 3 miles east of Holbrook Junction, across from Albite and on the south side of Hwy 208. The property has a slight slope from north to south and has amazing mountain views in every direction. Topaz Lake is 1 mile to the west as the crow flies or a 5 mile drive. Walmart, medical and other services are approximately 20 miles north on Hwy 395. There are three scenarios offered by this property: (1) Perfect opportunity for a residential or commercial developer to maximize existing allowed density; (2) flipping 40 acre parcels to individuals in search of wide open space, privacy with a rare asset of three phase power to the site; (3) retain the ag status and continue to cultivate the land..

Location

State NV

County Douglas

Zoning Ag, SFR 2, RA 5, TC CM

Direction 3 Miles East Holbrook Junction South Side of 208

Exterior

Utilities Available Electricity Available, Sewer Not Available, Water Available

View Y/N Yes

View Mountain(s), Park/Greenbelt, Peek, Valley

Building

Lot Description Level, Open Lot, Sloped Down, Cleared

Water Public, Well

Schools

Elementary Schools Minden

Middle Schools Carson Valley

High Schools Douglas

Others

Tax ID 102215002012

Acceptable Financing Cash, Owner May Carry

Listing Terms Cash, Owner May Carry

Listed by 20 LINE Ventures LLC

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(415) 999-9087

marilyn@marilyndash.com

1755 E Plumb Ln #251, Reno, NV, 89502

Hwy 208/Albite Wellington, NV 89444