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Active
- Listed price
- $299,000
- Listed Sep 28, 2026
- Last sold price
- No recorded sale
12,197 sqft lot00|7 MLS days on market
505 Morey Ave, Sacramento, CA 95838
Property Description
CALLING ALL BUILDERS & DEVELOPERS - SHOVEL-READY OPPORTUNITY. 0.28 Acre Corner Parcel at Morey Ave & Vern St - Approved for 2-Lot Subdivision Rare opportunity to acquire a fully entitled, near shovel-ready project in a wonderful location adjacent to Community Park. This project is almost ready to build - majority of the difficult entitlement work is DONE: - Approved 2-Lot Subdivision: City approval to subdivide into TWO parcels - each approximately 6,098 SF - Approved Design Review: For TWO 2-story Single Family Residences - 4 bed / 2.5 bath, 2-car garage, approx. 2,000 SF each - Finished Lots: Sewer, water, and gas connected to property; electric at site - Site Improvements Complete: Existing curb, gutter, and sidewalk in place - Permits In Motion: Building permit packet and on-site Improvement Plans prepared and being submitted - Final Map: Processing is currently underway All the heavy lifting has been done for you. This project is extremely close to build-out - just a few short steps from breaking ground. Perfect for a builder who is ready to go now and wants to avoid the wait, cost, and delays of entitlement. Don't miss this opportunity to build two new homes in a prime park-adjacent location.
Listing agent: Olaleke AdeyanjuDRE #01377673fcfandrealty@yahoo.com, Listing office: First Choice Funding & Realty
MLS data updated 10/25/2026, 8:08:39 AM PT
Source: CRMLSMLS #: 41149618
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$299,000
Sep 28, 2026
Available records12026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$299,000Original asking price · Sep 28, 2026ZIP 95838 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsSep 28, 2026 – Sep 28, 2026
ZIP 95838 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.