10055 Indian Hill Rd Newcastle, CA 95658
This exceptional 37.9-acre property in Newcastle, CA (APN 040-340-008-000), presents a unique development opportunity. Located on Indian Hill Road, this high-terrain parcel boasts breathtaking 360-degree panoramic views, encompassing city lights, rolling hills, and open pasture. Zoned for Agricultural/Residential, Residential, and Single-Family use, a tentative map has already been approved for the creation of eight single-family homesites, each approximately 1,650,924 square feet. The project, known as Stoneridge, includes available onsite and offsite improvement plans (pending final county approval of the landscape plan). Utilities will require underground installation. Water sources include public water and an irrigation district
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.