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Hwy 49 664.61 Acres of Commercial Land Offered at $1,308,045 CAD in Mariposa, CA 95338

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INVESTMENT HIGHLIGHTS

Great upside potential subidivide-Very beautiful and quiet location

EXECUTIVE SUMMARY

This 664.61 +/- acres was once part of the historic John C. Fremont 44,000 acre 'Las Mariposas' Grant and contains the Mt. Ophir Mine. Property has 2 zonings. The northern 1/2 (i.e. 355.19 +/- acres) is zoned Mountain Home Zone which can be subdivided into lots as small as 5 acres and the southern 1/2 (i.e. 339.5 +/- acres) is zoned Agricultural Exclusive Zoning which allows a minimum of 160 acre parcels. Has close to a mile+ frontage on State Hwy. 49 (the Mother Lode Highway) and close to a mile+ frontage on the Old Toll Road (a County road). Property is less than a mile from the Mariposa/Yosemite Airport, approximately 4 miles from Mariposa and 38 +/- miles from Yosemite National (to the east) and the University of California - Merced (to the west). Many beautiful trees, rock formations and wildlife, (deer, quail, turkeys and wild pigs)with seasonal creek and large pond. Still within close proximity to town amenities (shopping, groceries, drug stores, restaurants, hospital) making this an outstanding place to live. This quiet and secluded property is ideal for a private homesite and and has great upside potential long term for a subdivision development. Owner will consider selling the southernmost 160 acres which lies primarily below the Old Toll Road and is zoned Agricultural Exclusive for $200,000 but contingent upon Mariposa County's approval and provided Buyer and Seller split the cost of obtaining the lot split (50 / 50). EXCLUSIONS:

Agricultural Exclusive Zone (AEZ) 160 Acd

Fremont Grant Article

Mountain Home Zone

Parcel Map -160 Ac. portion of 011-250-019 (South))

664.61 Acres- Mt. Bullion Flyer (I-25)

Aerial Location Maps

PROPERTY FACTS Under Contract

Price	$1,308,045 CAD	Property Subtype	Commercial
Sale Type	Investment or Owner User	Total Lot Size	664.61 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land
Zoning	MHZ & AEZ - MHZ- Mountain Home Zoning allows minimum sized 5 acre parcels and AEZ -Agricultural Exclusive Zoning requires a minimum of 160 acre parcels.

Price	$1,308,045 CAD
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Total Lot Size	664.61 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MHZ & AEZ - MHZ- Mountain Home Zoning allows minimum sized 5 acre parcels and AEZ -Agricultural Exclusive Zoning requires a minimum of 160 acre parcels.

1 LOT AVAILABLE

Lot

Price	$1,308,045 CAD	Lot Size	664.61 AC
Price Per AC	$1,968.14 CAD

Price	$1,308,045 CAD
Price Per AC	$1,968.14 CAD
Lot Size	664.61 AC

This 664.61 +/- acres was once part of the historic John C. Fremont Grant and contains the Mt. Ophir Mine. Property has 2 zonings. The northern 1/2 (i.e. 355.19 +/- acres) is zoned Mountain Home Zone which can be subdivided into lots as small as 5 ac

DESCRIPTION

This 664.61 +/- acres was once part of the historic John C. Fremont 'Las Mariposas' Grant and contains the Mt. Ophir Mine. Property has 2 zonings. The northern 1/2 (i.e. 355.19 +/- acres) is zoned Mountain Home Zone which can be subdivided into lots as small as 5 acres and the southern 1/2 (i.e. 339.5+/- acres) is zoned Agricultural Exclusive Zoning which allows a minimum of 160 acre parcels. Has close to a mile frontage on Hwy. 49 (the Mother Lode Highway) and close to a mile frontage on the Old Toll Road. Owner will also consider selling the southernmost 160 acres separately for $200,000 (zoned Agricultural Exclusive Zone) provided County allows a lot split and the Buyer shares the cost 50/50 of obtaining the lot split. Property is less than a mile from the Mariposa/Yosemite Airport, approximately 5 miles from Mariposa and 38+/- miles from Yosemite National (to the east) and the University of California - Merced (to the west). Many beautiful trees, rock formations and wildlife, (deer, quail, turkeys and wild pigs) in this quiet and secluded property with seasonal creek and large pond. Still within close proximity to town amenities (shopping, groceries, drug stores, restaurants, hospital) making this an outstanding place to live.

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