0 Stoneridge Dr Truckee, CA 96161

This exceptional 39-lot residential land offering in Truckee, California, presents a unique investment opportunity. Priced at $3,900,000, this property boasts a prime location within walking distance of downtown Truckee. All roads and subdivision infrastructure are complete, with underground utilities already extended to each buildable lot, significantly streamlining the development process. A previous approval for a 72-unit development exists, providing a solid foundation for future expansion. Currently, 39 developable townhome lots remain, ready for construction. Six units have already undergone initial permit review with the Town of Truckee, aiming for a 2024 construction start. Title 24 updates are complete for the existing triplex plan. The APN is 019-970-005 thru -043. This high-demand location and the existing infrastructure make this a compelling opportunity for developers seeking a streamlined path to construction in a desirable Truckee neighborhood. Seller financing may be available. Bring your offer! The property is located at 10153-10318 Stone Ridge Road, Truckee, CA 96161, in Nevada County.