$255,000
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Borrego Springs Road Borrego Springs, CA 92004
Land
Residence
Beds
Baths
Sq. Ft.
76.96
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Listing agent/owner. Motivated for quick sale! Substantial negotiation available for cash transaction with COE prior to December 1, 2024. 76.96 Acres, goes street to street north to south, between Borrego Springs Road and DiGiorgio road. Great location walking distance to Christmas Tree Circle and ...town, directly across DiGiorgio Road from The Springs RV park and golf course, resort and Roadrunner Club mobile home park and golf course. Power lines out to abandoned well/well house which is about half way out on the property, near the north property line. Water meter on the property on Borrego Springs Road. BWD has address as 2161 Borrego Springs Road. Water line out to similar location as the well, except other (south side) of the Tamarisk Trees. Previously disturbed land was agricultural a long time ago, which helps with environmental review and environmental impact and mitigation for development. Zoned RMH4 -- Rural Manufactured Homes 4 units/ac. Consult San Diego county zoning as to a WIDE variety of potential uses ranging from recreational to commercial to residential to manufactured home park. Many more possible with minor or major use permits. Initially, water meter is only for an individual use. Fencing on North property lines are neighbors. Some fencing on most of the East (DiGiorgio Rd) side. There is an abandoned septic which was installed without benefit of permits. The east half of the property, from about the end of the row of Tamarisk trees to DiGiorgio Road is in the alluvial fan wash terminus which will impact what can be done there. Consult with San Diego County Zoning/Land Use. Most of the West half is not in that wash fan terminus. There is an option agreement in place which will transfer with sale for a 25 year lease on the property for solar production facility. 1st year term of the option agreement comes up for renewal on January 18, 2025. If renewed for a second year term, a $4,500 option fee will be then paid for a renewal of that option to the owner. In the unlikely event that the solar field comes to fruition and the lease becomes executed, there will be lease fees of approximately $100k/year for 25 years. Contingent upon purchaser assuming the existing option agreement. Upon accepted offer, the option agreement and lease will be provided to buyer. For potential water rights beyond and including the single use water meter, consult the Borrego Water District, Water Master. Seller may carry with 50% down.
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MLS#
ND24231328
Property Type
Land
Status
Lot Size
76.96
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