Kendall Ave Ridgecrest, CA 93555

Property Details for 0 Kendall Ave

Property type

Land

Description

Exceptional investment opportunity awaits with this 75-lot residential subdivision in Ridgecrest, California. This meticulously planned development boasts estate-sized lots, each a minimum of 10,000 square feet, offering expansive space and stunning views. The project has already secured design review approval, streamlining the development process. Situated in Ridgecrest's most prestigious neighborhood, this location provides unparalleled access to amenities and a high-demand market. The proximity to the China Lake Naval Weapons Station, currently undergoing a $3 billion modernization and reconstruction project, further enhances the long-term value and potential for significant appreciation. Recent market data indicates a remarkable 68% increase in home prices within the area over the past year, underscoring the strong demand and investment potential. The asking price for this exceptional opportunity is $1,500,000. This is a non-contingent sale with a 10% earnest money deposit required on the winning bid, plus a 5% platform fee (minimum $20,000), and a $5,000 participation deposit. The property is located on W Kendall Ave, Ridgecrest, CA 93555, in Kern County. This is a rare chance to acquire a substantial land holding in a rapidly appreciating market with significant future growth potential.