11 E Laurel Drive, Salinas, CA 93906
List Price: $2M
Listing Status: Active
Original List Price: $2.5M
0Days on Market: 85
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 327,136 sq ft
MLS Number: ML82032915
About This Property
Rare near-entitled infill development opportunity. The subject property consists of approximately 7.63 acres across two legal parcels, planned for a 37-lot single-family residential subdivision. The approved development program includes 37 detached homes, all 3-bedroom, 2-bath, with floor plans. ranging from, 1,150 to 1,350 square feet, w/ garages. The project is substantially through the entitlement process. An MND was completed, a full EIR was not required, and public hearings have been conducted. The final map has been approved and is ready to record, subject to posting of performance bonds. Plans are in final updates to current code standards. Proposed improvements include full horizontal development: grading, private roads, curb and gutter, sidewalks, underground utilities, storm drainage, and engineered retaining walls. The site benefits from strong frontage, good access, and an established surrounding residential neighborhood. Seller financing available, call for details.
Listing provided by: Nicholas Tortorelli DRE #01925692 831-324-3910 nick@montereybayhouses.com, NT Real Estate
Source: CRMLS, MLS #: ML82032915
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