$1,125,000
$1,199,000
6.2%For more information regarding the value of a property, please contact us for a free consultation.
67.71 Acres Lot
SOLD DATE : 11/15/2021
Key Details
Sold Price $1,125,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81834022
Sold Date 11/15/21
HOA Y/N No
Lot Size 67.710 Acres
Property Description
Truly unique with supreme privacy. County maintained paved road w/ nice gravel roads throughout. 30 ac of usable land w/ south facing 3 ac meadow w/ 10+ ft of rich black topsoil located in the heart of the property w/ full sun yr round. Zoned Timber Production, reap the reduced tax rate. Timber harvest plan paid for & completed but not submitted to county; estimated @350,000 board feet. Harvests allowed every 13 yrs have historically netted $250K+ while thinning the rdwd population in a way that promotes new growth averaging 10% annually. An avail rdwd harvest is like a savings account with 10% compounding interest. Owner chose not to log prior to selling in order to give future buyers the ability to control where & when the harvest takes place. Older geo reports show multiple building areas, recently surveyed, 7gpm well w/20k gallons of water storage gives a motivated buyer a huge leg up in the building process. Perfect for an estate, sustainable homestead, or weekend getaway.
Location
State CA
County Santa Cruz
Area 699 - Not Defined
Zoning TP
Interior
Fireplace No
Exterior
Fence None
Building
Lot Description RollingSlope
Sewer Other
Water Well
Schools
School District Other
Others
Tax ID 08905108
Financing Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with MaryBeth McLaughlin • Room Real Estate