37132 COYOTE LAKE RD, NEWBERRY SPRINGS CA 92398
- 15 beds
- 11.75 baths
- 7,500 sq.ft.
- 1,089,000 sq.ft. lot
Property Description
Introducing a rare opportunity to acquire FIVE INCOME HOMES ($6K Monthly Income) On Three (3) Subdividable Parcels, which total 25 Acres Addresses; 36912 & 36924 (APN# 0538-261-04-0000), 37030 & 37088 (APN# 0538-261-03-0000) & 37132 (APN# 0538-261-02-0000) Coyote Lake Road. Paved access and Paved Road. These parcels of land totaling 25 plus acres are on prestigious Coyote Lake Rd in Newberry Springs, California. As the original developer of Crystal Lake holds these cash flowing assets with great potential to 23 total homes - this opportunity is unparalleled. Situated on paved Coyote Lake Rd and connected to the Coyote Lake Water System, these parcels are ready for immediate utility access, making development a seamless process. An archeological study has been completed, providing peace of mind for any future endeavors. The subdivision potential is immense, with the possibility to create 9 approximate 2.77-acre lots. Each of these lots has the potential for two homes, allowing for a total of 18 new homes to be placed or built. 23 income-producing properties IS generational financial windfall. Residents can enjoy their horses, ride their toys to The Mojave River Basin directly from their homes under majestic sky and mountain views or also enjoy hikes and camping at Calico Ghost Town Regional Park. Calico Ghost Town was Designated a California Historical Landmark in 1962. Only 90 Minutes from both Vegas or Laughlin. Whether you're an investor seeking a lucrative income stream or a developer with grand visions, this property offers endless possibilities. Embrace the chance to shape this pristine land into a thriving community or an exclusive estate. Don't miss out on this remarkable chance to own a piece of Newberry Springs history and create something truly extraordinary.
Listing Courtesy of Edgar Guzman, Excellence Real Estate HD
Exterior Features
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