10 acres of subdividable land zoned RS (single residential) on Sunset Drive in Lucerne Valley, CA 92356. This land is approximately level and has existing road access from Highway 18 via Trade Post Road and Sunset Drive. The property is very near the downtown Lucerne Valley commercial strip along Highway 18 (new build Dollar General store opened in Oct 2015), and represents 10 of only 191 acres zoned RS in Lucerne Valley according to the Lucerne Valley Community Plan. There is not very much land allowing high density residential development within Lucerne Valley; this is a very special and unique property with excellent potential, and has this zoning because it is so near the center of town. Electricity is present at or near the lot line. There is an existing house across the street. Well water and septic would be required for building, as is typical of Lucerne Valley properties. The zoning of this property is RS, which allows a 7200 square foot minimum lot size and a maximum density of 4 dwellings per acre. Based on the 4 dwellings per acre, this 10 acres may support a subdivision of up to 40 dwellings total. Buyer to do their own due diligence if subdivision potential is of importance to them, as there are many factors impacting development density and only the County and appropriate regulatory agencies can provide guarantees of allowable density and development potential of any given property.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 0 Sunset Drive, Lucerne Valley, CA
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