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299 Christine Dr - 299 Christine Drive 1 Acre of Residential Land Offered at $538,571 CAD in Sacramento, CA 95815

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EXECUTIVE SUMMARY

The Sacramento City Council unanimously adopted the Missing Middle Housing Interim Ordinance, becoming the first in the State to allow multi-unit housing in all single-family neighborhoods. This 1-acre parcel has an official pre-approval from City Planning for a subdivision of 8 lots of residential single-family residences. The city's Record of Decision which approved the subdivision of the parcel, house designs, and landscaping plan. It also includes the input from each of the city departments which is all standard requirements. The seller will provide all available plans and reports. Located just 10 minutes away from Arden Fair, Downtown Sacramento and Natomas, the neighborhood is well established with abounding pride of ownership throughout. Lots of stores, supermarkets and restaurants nearby. Excellent commute location with easy access to I-80 / I-5 and Business 80.
https://sacramentocityexpress.com/2024/09/19/sacramento-first-in-california-to-allow-multi-unit-housing-in-every-neighborhood/

PROPERTY FACTS

Price $538,571 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Planned Unit Development
  • Single Family Development
  • Single Family Residence
Total Lot Size 1.00 AC
No. Stories 1
Zoning RC- 3 - Residential Lot

1 LOT AVAILABLE

Lot

Price $538,571 CAD
Price Per AC $538,570.51 CAD
Lot Size 1.00 AC

This 1-acre parcel is approved for a new subdivision of 8 SFR lots, a possible 32-units under the newly adopted Sacramento City Council M M H I Ordinance to allow multi-unit housing in all Single-Family lots.

DESCRIPTION

This 1-acre parcel has an official pre-approval from City Planning for a subdivision of 8 lots of residential single-family residences. The city's Record of Decision which approved the subdivision of the parcel, house designs, and landscaping plan. It also includes the input from each of the city departments which is all standard requirements. The seller will provide all available plans and reports. Located just 10 minutes away from Arden Fair, Downtown Sacramento and Natomas, the neighborhood is well established with abounding pride of ownership throughout. Lots of stores, supermarkets and restaurants nearby. Excellent commute location with easy access to I-80 / I-5 and Business 80. The seller is willing to pay buyer's agent fee to be negotiated prior to escrow.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
263-0082-014
Land Assessment
$204,487 CAD
Improvements Assessment
$0 CAD
Total Assessment
$204,487 CAD
  • Listing ID: 29058634

  • Date on Market: 2023-07-20

  • Last Updated:

  • Address: 299 Christine Dr, Sacramento, CA 95815

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