37132 Coyote Lake Rd 0538261020000
Newberry Springs, CA, 92398
$898,000
Beds
0 Baths
SqFt
25 Acres
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Introducing a rare opportunity to own FIVE EXISTING INCOME HOMES ($6K Monthly Income).
0n three adjacent parcels of land totaling 25 plus acres 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.

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.

Property Details

Price:
$898,000
MLS #:
HD25037742
Status:
Active
Baths:
0
Address:
37132 Coyote Lake Rd 0538261020000
Type:
Land
Neighborhood:
nbsnewberrysprings
City:
Newberry Springs
Listed Date:
Jan 25, 2025
State:
CA
ZIP:
92398
Lot Size:
1,089,000 sqft / 25.00 acres (approx)
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Community Features
Biking, Fishing, Foothills, Hiking, Horse Trails, Park, Mountainous, Rural
Fencing
None
Lot Features
26-30 Units/ Acre, Back Yard, Desert Back, Desert Front, Front Yard, Horse Property, Level with Street, Level, Park Nearby, Paved, Ranch, Secluded, Value In Land
View
Canyon, Desert, Hills, Mountain(s), Neighborhood, Panoramic, Rocks, Valley
Water Source
Private

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0.00
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Propane, Water Available, Water Connected

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37132 Coyote Lake Rd 0538261020000
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