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Buy this fantastic lot using a OTC (One-Time Close) Loan from our strategic partner. Low down payment option with 12-month construction financing which converts to a 30-yr mortgage, all-in-one closing! (Call/Email for more details)If you are looking for an Opportunity Zone designated property with plenty of space and potential, look no further than this 12.5 combined acres in Landers, California. According to the IRS, Opportunity Zones provide three main tax benefits: - Temporary deferral of taxes on previously earned capital gains until December 31, 2026 or until the investment is sold or exchanged, whichever is earlier.- Step-up in basis for previously earned capital gains invested, which reduces the amount of taxable gain by 10% if held for at least 5 years and by 15% if held for at least 7 years.- Permanent exclusion of taxable income on new gains from the sale or exchange of the investment if held for at least 10 years.This property consists of three parcels: a 2.5-acre lot and two 5-acre lots with water meters on each. The parcel has its own Joshua Trees and unobstructed views of the surrounding mountains and clear skies a night for star gazing and meteorite spotting.This area is undergoing a revival as investors and visitors flock to the nearby attractions of Joshua Tree National Forest, E-Z access from SR 247, nearby services such as: Home Depot, Walmart, local restaurants, world famous Pioneertown, world famous Gubler Orchard Nursery, Big Rock for climbing and less than 1-hr from Palm Springs or the mountain resorts of Big Bear/Lake Arrowhead. You can enjoy the peace and tranquility of the desert while being close to amenities and services. The property is also near the Landers US Post office, Landers Elementary School and Reche Rd., a major east-west corridor. Don't miss this chance to own a piece of land in an opportunity zone with great potential for development or personal use.OPPORTUNITY ZONE Area. More information: https://selectsbcounty.com/major-initiatives/opportunity-zone.* No assigned street address. Numerical reference is part of the APN.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 10/15/2024 | Community | Landers |
|---|---|---|---|
| County | San Bernardino |
Price History
| Prior to Feb 10, '22 | $199,880 |
|---|---|
| Feb 10, '22 - Today | $175,880 |
Additional Details
| AREA | Landers |
|---|---|
| HOA DUES | 0 |
| LOT | 12.5 acre(s) |
| LOT DESCRIPTION | Corner Lot, Horse Property, Irregular Lot, Rectangular Lot |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
| WATER | Public |
| ZONING | HV/RL |
Location
Contact us about this Property
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Listed with Gregg Cochran, Broker
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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