PROPERTY DESCRIPTION:

Residential & Commercial Development Opportunity | Mixed Single-Family, Condominium & Commercial Subdivision

For builders, developers, and investment groups with an eye for value and a vision for community, this offering presents a compelling head start in the residential development market. This is not a raw land play requiring years of groundwork before a single permit is pulled — this is a partially advanced subdivision project with meaningful prior investment already in place, offering the kind of development foundation that can translate directly into time saved, costs reduced, and a faster path to breaking ground.

A Project With a Running Start

One of the most significant challenges in residential development is navigating the entitlement process from scratch — commissioning studies, designing subdivision layouts, coordinating with county planning departments, and funding the early-stage fees that accumulate long before a single lot is sold. This property has already been through that process once.

A previous tentative subdivision map was completed for the property, establishing a thoughtfully conceived neighborhood layout complete with interior streets, a cul-de-sac, and a well-considered mix of housing types designed to serve a range of buyers and price points. That prior engineering work, conceptual design, and planning documentation represents a substantial investment of time and capital — and while the tentative map has since expired and will require resubmission to the county for updated approval, it provides a proven framework that a new owner can build upon rather than build from nothing.

For an experienced developer, working from an established concept with existing engineering as a baseline is a materially different — and more efficient — starting point than initiating a new project on bare ground.

A Balanced, Market-Ready Community Concept

The subdivision concept is designed with the kind of housing diversity that today's residential market demands. The planned layout incorporates traditional detached single-family home lots alongside higher-density condominium lots, creating a mixed residential community that can appeal to a broad spectrum of buyers — from families seeking a standalone home with a yard to buyers looking for lower-maintenance attached living.

The inclusion of commercial lots alongside the residential components adds another layer of appeal and long-term value to the project. A neighborhood-serving commercial component enhances the livability of the overall community, can add significant value to adjacent residential lots, and provides the developer with additional revenue-generating opportunities beyond the residential buildout alone.

The overall neighborhood design reflects a balanced, functional community layout — one that has already been evaluated and shaped through the planning process, providing a logical and market-responsive framework for a new owner to refine and advance.

Infrastructure Already in Place

Beyond the planning work, tangible physical improvements have already been made to support the development. A dedicated turn lane has been constructed to provide enhanced vehicular access to the property — an improvement that not only benefits the future community's residents but also reflects a level of infrastructure investment that county planners and traffic engineers typically require as part of the approval process.

Additionally, certain entitlement and development fees were previously paid during the original approval process. While a new owner should conduct thorough due diligence to confirm which fees may transfer or provide credit toward future approvals, the prior payments represent real dollars invested into the project's advancement — dollars that a new owner may not need to spend again.

Together, these improvements signal that this project was meaningfully advanced before circumstances led to the tentative map's expiration. The bones are solid. The concept is proven. The infrastructure exists. What this opportunity needs now is a capable developer ready to carry it across the finish line.

The Path Forward

A new owner will need to resubmit the tentative map and associated studies to the county for updated review and approval. Depending on the time elapsed and any changes to local development standards, some studies may require updating. However, the existence of a prior approved concept, completed engineering work, and existing infrastructure improvements positions this project significantly ahead of a true ground-up entitlement effort.

For a developer already active in the region — familiar with the county's planning department, local market conditions, and applicable development standards — this represents an opportunity to acquire a project with substantial prior investment at what may well be a fraction of the cost and timeline required to replicate that foundation independently.

Who This Opportunity Is For

This property is ideally suited for:

• Homebuilders seeking a shovel-ready-adjacent project with an established community concept and mixed product type
• Residential developers looking to add a partially entitled project to their pipeline with a clear path to resubmission
• Investment groups seeking to acquire an undervalued development asset with meaningful prior work already completed
• Land banking entities looking to secure a well-positioned subdivision opportunity in an established area

The residential development pipeline is competitive, and opportunities to acquire projects at this stage of advancement — with infrastructure in place, a prior map to reference, and fees already invested — are not common. This is a chance to move faster, spend smarter, and build something meaningful.

The prior work is done. The opportunity is yours to complete.