Recreational Land for Sale in Verdi, California

Perfect lot in Verdi CALIFORNIA of 38.69 acres total, for a Developer/Contractor who is looking for a great opportunity to develop and build 7 exclusive 2.5+ acre estate homes, with a remainder 16 acre parcel on the south side of Sunrise Creek. Sunrise Creek is a seasonal creek which traverses the property with riparian water rights. Mature Pine trees cover most of the lot. This lot comes with a Small Water Company permitted for 7 homes. Value of each water hookup is estimated to be about $35,000 per lot for a total value of +/- $225,000 Lot has been engineered and has a TPM to subdivide into 7 buildable lots of 2.5+ acres each -- plus one remainder lot of approximately 16 acres - 8 lots total. Each buildable lot is expected to have a finished value of approximately $400,000. Developer would need to build and extend Feenune Road as outlined on the TPM. Feenune Road is a Private Gated Road, accessible from Dog Valley/Henness Pass Road. Property is also bordered by Sunrise Creek Road along the west side of the parcel. Water Company includes all current infrastructure including two high volume deep wells capable of producing over 80 GPM water supply, includes a building where two wellheads are connected to 3 - 400 gallon hydrostatic tanks and pressure pumps to maintain 60 psi water pressure through an 8" in-ground water main.