0 Dry Crk Rd Lemon Cove, CA 93244
This exceptional 1,285-acre property, located in Lemon Cove, California (zip code 93244), near Lake Kaweah and Dry Creek Preserve, presents a unique investment opportunity. The land is zoned AE-20, Agricultural Exclusive - 20 Acres, and falls under the Williamson Act. The property includes multiple finished cabins, providing ample accommodation. Features include several ponds and springs, and a network of internal roads. The APN is 066-020-002, 011 and 060-030-003. The asking price is $1,285,000. A sealed bid process is in place, with a deadline of Monday, December 2nd, 2024, at 5:00 PM. A 5% non-refundable cashier's check deposit accompanies each bid. Escrow is scheduled to close on or before December 20th, 2024. This expansive property offers significant potential for recreational use, hunting, and various agricultural pursuits. The diverse terrain and stunning natural beauty create an idyllic setting for a private retreat or a lucrative investment. The property's size and amenities make it suitable for large-scale family gatherings or corporate retreats. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.