Property Description

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 T

Features
: Mountain(s)
: Corner Lot, Irregular Lot
Address Map
CA
San Bernardino
Landers
92285
113 Napa Rd
0
W117° 38' 31''
N34° 15' 6''
From Reche/Landers Lane, south
MLS Addon
Gregg Cochran, Broker
Gregg Cochran
stcrealestate@mail.com
CR422144
CR281140
CR105454
: Public

Land For Sale

113 Napa Rd, Landers, California 92285

544,500 Sqft
$175,880
Listing ID #CROC20239622
Basic Details
Property Type : Land
Listing Type : For Sale
Listing ID : CROC20239622
Price : $175,880
Lot Area : 544,500 Sqft
Status : Active
Property SubType : Unimproved Land
Agent info
Michael Roberts
Contact Agent