Powerline Rd Lucerne Valley, CA 92356
- Land
- 307.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Powerline Rd
- Lot size
- 307.00 lot acres
- Property type
- Land
Description
This exceptional 307-acre property presents a unique investment opportunity in Lucerne Valley, California. Located on Powerline Rd, this expansive land parcel is comprised of two separate Assessor's Parcel Numbers (APN): 0453161070000 and 0453161100000, totaling approximately 307 acres. The property is zoned RL (Residential Land), offering significant development potential. One parcel encompasses approximately 160 acres, while the other comprises roughly 147 acres. These parcels are being offered for sale together, but the possibility of separate sales is available. The asking price for the entire 307-acre tract is $1,400,000. Given its size and zoning, this land is well-suited for a variety of residential development projects. Furthermore, the possibility of a long-term ground lease adds another layer of investment flexibility. The property's location in Lucerne Valley, within San Bernardino County, offers a desirable setting with access to the amenities of the town and surrounding areas. The latitude and longitude coordinates are 34.384832 and -116.9413367, respectively, and the zip code is 92356. This substantial land holding represents a compelling opportunity for investors seeking a large-scale residential development project or a strategic land acquisition in a growing California market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lucerne Valley
- County
- San Bernardino
- State
- California
- Longitude
- -116.941
- Latitude
- 34.3848
