113 Napa Rd, Landers

$175,880

Previous Next

12.50

Acres

About 113 Napa Rd

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.

Features of 113 Napa Rd

MLS® # OC20239622
Price $175,880
Bathrooms 0.00
Acres 12.50
Type Land
Status Active

Community Information

Address 113 Napa Rd
Area DC591 - Landers
City Landers
County San Bernardino
Zip Code 92285

Amenities

View Mountain(s)
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Corner Lot, Horse Property, Irregular Lot, Rectangular Lot

Additional Information

Date Listed November 12th, 2020
Days on Market 1287
Zoning HV/RL
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGregg Cochran
OfficeGregg Cochran, Broker

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?