Description
Land cost is under $30,000 per acre without including the value of the utilities. Lake view property inside the city limits of Lakeport, CA with everything needed for a quick and easy development project. The land is zoned R-3 and has been approved for apartment projects as high as 63 units. The site is approximately 3.4 acres between Bevins St. and Smith St. There is an adjacent senior apartment building on the south side and a church on the north side. All utilities are very close and the price includes a 4" water meter has been paid for and assessments paid to date towards a large number of sewer connections. One of the last large parcels with high density zoning in Lakeport and it should be easy to develop. Seller is motivated.
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