Courtesy of: Brett Baumann 01123849 | Mariposa Homes And Land Co.
Purchase Type: Sale
MLS ID: MP18099405MR
Days On Market: 1092
Lot size: 2500
Property Type: Residential Land
Property Subtype: Lots and Land
Area: Mariposa 5
New Construction: No
Swimming Pool: No
Address: 6740 Pendola Garden RD
Neighborhood: Mariposa 5
ATTENTION INVESTORS! 2,500+/- Acre Mariposa Ranch! This ranch now has 3 Legal Parcels and ask the Broker about the possibilities here! THIS ENTIRE 2500 ACRES IS IN A CA OPPORTUNITY ZONE: Qualified Opportunity Zones were created by the 2017 Tax Cuts and Jobs Act. These zones are designed to spur economic development in our community and throughout the country and the U.S. by providing tax benefits to investors who invest eligible capital into these communities. Taxpayers may defer tax on eligible capital gains by making an appropriate investment in a Qualified Opportunity Fund and meeting other requirements. The best I could describe this ranch is ...Wow! Bear Creek runs through this ranch approx. 4 miles! Want to own a ranch with future development potential...this is it! Priced as a cattle ranch, but this property has mixed zoning: 1600+ acres is zoned MH (5 acre residential) and 900+ acres is zoned AE (Agriculture Exclusive). Pendola Garden Rd. is the border of the west side of this ranch and it extends from Hwy 49N to Old Toll Rd, giving this ranch good accessibility! This property boasts many tributaries feeding this property and all seasonal creeks flow into Bear Creek which runs the length of this ranch. Sellers are selling this property as a cattle ranch and it is priced accordingly, but the MH Zoning allows the owner with great upside
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