Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    120 Millstream Coarsegold, CA 93614

    View on Map
    Claim this Listing
    For Sale
    $625,000

    LAND - Coarsegold, CA

    Lot size:
    120.02 Acres
    Added:
    Dec 6, 2025
    Days on Market:
    144
    Last Refresh:
    Apr 29 at 1:06 am

    Property Features for 120 Millstream

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    050081008000
    Lot size
    120.02 Acres

    We can help!

    Listing Contact
    Rene Christenson
    Rene Christenson

    Listing agent Rene Christenson License #01443089

    Listing office Century 21 Ditton Realty 40307 Highway 41, CA

    Listing date Dec 6, 2025

    MLS# 640827 Listing URL

    Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    120 Acres in Coarsegold, CA

    This property spans 120 fully fenced acres, offering a blend of open space and natural resources. A year-round spring provides a dependable water source. Power is available on the property. Located just 15 minutes from Fresno's River Park, the property allows easy access to shopping, dining, and medical services. Highway 41 is minutes away, offering a commuter route to Fresno, Yosemite, and surrounding foothill communities. This land is suitable for a ranch, recreational retreat, agricultural venture, or legacy property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural properties

    Map

    City
    Coarsegold
    County
    Madera
    State
    California
    Longitude
    -119.743
    Latitude
    37.1931

    Nearby Similar for Sale

    • $857,000
      4,320 SF

      Coarsegold Commercial Property For Sale

      Commercial property in Coarsegold, CA, featuring 4,320 square feet.
      32011 Meadowridge Road, Coarsegold, CA 93614
      View Details
    • $350,000
      1,736 SF

      Coarsegold Commercial Property For Sale

      Commercial property in Coarsegold, CA, offering office space.
      35572 Highway 41, Coarsegold, CA 93614
      View Details
    • $139,999

      Coarsegold Commercial Lot Near Yosemite

      1.08 acre commercial lot near Yosemite National Park.
      Yosemite Springs Parkway, Coarsegold, CA 93614
      View Details
    • $122,222

      Coarsegold Land with Waterfall View

      4.23 acre parcel with seasonal waterfall near Highway 41.
      Meadow Ridge Road, Coarsegold, CA 93614
      View Details
    • $99,900

      2.5 Acre Corner Lot

      2.5-acre corner parcel in Coarsegold, CA, ideal for custom home.
      Savage, Coarsegold, CA 93614
      View Details
    • $114,500

      Coarsegold Homesite in Meadow Springs

      3.87 acre homesite with community water system and privacy.
      3 Serendipity Lane Acres, Coarsegold, CA 93614
      View Details
    • $65,000

      Land in Yosemite Lakes Park

      6.98 acre parcel with seasonal creek near Yosemite.
      Long Hollow Drive, Coarsegold, CA 93614
      View Details
    • $80,000

      Land Near Yosemite South Gate

      3.79 acres of usable land near Yosemite.
      1379 Lilley Mountain Dr, Coarsegold, CA 93614
      View Details
    • $180,000

      Coarsegold Land with Mountain Views

      9.2 acres with mountain views, ready to build.
      9 Quartz Ridge Court, Coarsegold, CA 93614
      View Details
    • $21,900

      Coarsegold Land with Community Water

      1.15 acre lot with community water hookup available.
      2098 N Dome Drive, Coarsegold, CA 93614
      View Details
    • $66,000

      Residential Land in Yosemite Lakes

      Residential land lot in desirable Yosemite Lakes Park community.
      41176 Lilley Mountain DR, COARSEGOLD, CA 93614
      View Details
    • $36,000

      Coarsegold Land in Yosemite Lakes

      Residential land in Yosemite Lakes Park community with various amenities.
      3 Lilley Mountain Drive, Coarsegold, CA 93614
      View Details

    FAQs

    What type of property is this?
    Land - 120-acre fenced property with year-round spring near Fresno.
    Where is this land located?
    The property is located at 120 Millstream Coarsegold, CA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 120 fully fenced acres offering privacy and security.; Year‑round spring providing a reliable water source.; Power is already on the property, simplifying development.
    (559) 683-7653
    We can help!
    Listing Contact
    Rene Christenson
    Rene Christenson
    Real Estate License ID: 01443089
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!