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$4,038,800
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Apple Valley Area Land

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1 Augusta Circle Apple Valley, CA 92308

Bed
0 Baths
sqft
MLS# AR25001100
Positioned at the heart of Apple Valley's vibrant community, the 14-acre development opportunity at One Augusta Circle is a gem awaiting visionary developers and investors. This commercial parcel, offering 127 lots, is a canvas for creativity in a region marked by rapid population growth and a burgeoning interest from national builders. Apple Valley, celebrated for its expanding presence in the High Desert, combines natural beauty with strategic location advantages. This property boasts easy freeway access, within walking distance of various essential amenities and leisure options including Target, movie theaters, Best Buy, Home Depot, restaurants, and more. It's adjacent to a serene lake and a golf course, nestled in the bustling town center of Apple Valley, known for its welcoming community. A pivotal feature of this opportunity is its proximity to the planned Brightline West high-speed train project, promising to connect Apple Valley with Las Vegas. This initiative, expected to be completed before the Olympics, positions Apple Valley as an essential hub in the fast, efficient travel corridor between these two destinations, enhancing the property's value and appeal. The current exploration of strategic partnerships or outright sales is fueled by the desire to capitalize on this unique property's potential. Engagements with various stakeholders have outlined clear paths for potential land uses, particularly focusing on the development of an RV park or compact, efficient casitas, each offering substantial profit opportunities: • RV Park: Investment in infrastructure for the RV park is projected to cost incrementally, allowing for phased development. Each lot could yield a profit margin of $40,000 to $60,000, making it a highly lucrative project with an estimated total sales potential of $15 million and a net profit of approximately $7 million based on phased investments and sales. • Casitas: The development of small homes (600 to 900 sq. ft.) on this land could command significant market interest, with a construction strategy that emphasizes phased development to manage costs effectively. The potential for sales in the casita project is estimated to reach up to $40 million, with profits potentially soaring to $20 million, offering an enticing avenue for investors looking for substantial returns.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Ricky Seow
$2,480,000
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La Habra Heights Area Single Family Home

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1620 El Travesia Drive La Habra Heights, CA 90631

5 Bed
5 Baths
4040 sqft
MLS# AR25070453
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Gorgeous Custom Built Spanish Single -Story Home located in La Habra Heights.This Spacious home features 5 bedrooms and 4.5 bathrooms,perfectly arranged to provide both comfort and functionality.Nestledon a generous 42649 square feet lot,the property boasts all usable land.A renovated luxury home boasts a large open kitchen with stainless steel appliances, granite countertops, and plenty of cabinet space, featuring an island with a breakfast bar, is open to the dining area and the living room. The main living areas are bright and airy with cathedral ceilings., The formal dining room is perfect for hosting dinners, and the enclosed Courtyard provides a safe space for kids or pets to play freely. The home's layout is ideal for both entertaining and everyday living, with ample space for large gatherings and intimate family moments alike. the primary suite is a true retreat, featuring a large walk-in closet. The master bath, which is the size of a bedroom itself, features dual vanity sinks, a separate tub,an enclosed toilet room, and a spacious and comfortable walk-in shower. The expansive exercise room is perfect for working out & relaxing. A fifth bedroom converted to the sitting room overlooks the family room.Off of the living room area are 3 guest bedrooms,3 baths, an individual laundry room, a power room, This is also one of the few properties in La Habra Heights that is connected to sewer,not septic.a Circular driveway, a 3-car garage with finished epoxy flooring &extra parking space. built-in BBQ patio. The rear of the property offers excellent potential for various uses. This expansive lot invites endless possibilities for landscaping, outdoor activities, and even future expansions split to accommodate an ADU, guest house, or another home. This home offers the perfect blend of rural charm and suburban convenience.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Ricky Seow