Description
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.
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0BEDS
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25ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T19:34:26.037. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pometto Team Realty | Compass. Licensed in the State of California, USA.