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Permit Ready - Monterey County - 104 SFR Permit Ready Lots - Miravale Homes

8.55 Acres of Residential Land Offered at £6,650,825 in Soledad, CA 93960

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Investment Highlights

Exceptional development opportunity to build upon 104 approved lots for single-family homes in Salinas Valley's thriving housing market.
City of Soledad has approved permits for a new development offering a range of house models spanning 1,376 to 1,619 square feet.

Nestled within Soledad, California, a family-friendly city with a small-town feel and the amenities of a bustling city.
Situated close to a thriving agricultural hub, the picturesque Monterey Peninsula, and the technological powerhouse Silicon Valley.

Executive Summary

Discover an exciting new construction opportunity in the heart of the Salinas Valley. These 104 lots are permitted with a Final Map subject to infrastructure installation. These apartments are three-bedroom and four-bedroom houses in one of the area’s hottest housing markets. With inventory at a record low, demand remains very strong, and build-out is nearly complete in Soledad. These lots represent the last available opportunity to build in housing-starved Monterey County. Permit-ready, these lots feature approved house models ranging from 1,376 to 1,619 square feet on lots between 2,150 and 3,360 square feet. The homes are expected to sell for over $540,000, with the larger models pushing to $575,000 or above.

Soledad is a highly desired place to live for its affordability, availability of new construction (a rare commodity in the county), and proximity to Salinas, the Monterey Peninsula, and Silicon Valley. Locals enjoy the small-town charm of the area and the surrounding picturesque landscapes of Monterey County. This family-friendly area has recreational activities, remarkable restaurants, and many local small businesses. Developers and investors will find this ideal residential development opportunity encompassing 104 shovel-ready lots in Soledad, California.

View the Final Map

View the COA

View the APN Map

Property Facts

Price	£6,650,825	Property Type	Land
Sale Type	Investment	Property Subtype	Residential
No. Lots	1	Total Lot Size	8.55 AC

Price	£6,650,825
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	8.55 AC

1 Lot Available

Lot

Price	£6,650,825	Lot Size	8.55 AC
Price Per AC	£777,874

Price	£6,650,825
Price Per AC	£777,874
Lot Size	8.55 AC

104 single-family residential lots fully approved with building permits in place. Lots are being sold as-is with buyer performing Infrastructure work.

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