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1371 N LINDA st @ Irene & Linda
Pahrump, NV 89060

$6,899,990 USD

Land For Sale  •  448 AC

Property Details

  • Property Type Land
  • Lot Size 448 AC
  • Zoning RE-1 & MU
0 Transit Score
0 Walk Score

Description

The offering consists of a development plan for 444.4 contiguous acres and was designed and engineered as a private gated community with 305 homesites. These homesites are larger than typical, providing owners with a semi-rural lifestyle and opportunities to plan a variety of uses, including equestrian. This is not offered by a majority of Nye and Clark County masterplans. The original concept included custom lots that could be sold to individuals or builders. A developer could consider the market for larger homesites or attempt an entitlement for a higher density after closing. To re-initiate a project, a developer could utilize the much of the prior planning and engineering materials and accelerate due diligence.

Presently, the land is leased to a farming operation, and the water rights are kept in good standing.

Highlights

Lower land acquisition cost relative to Clark County
Minimal holding costs
Valuable Water rights

Property Flyers

John McClelland 702-505-6354 Coldwell Banker Premier Realty
John McClelland 702-505-6354 Coldwell Banker Premier Realty